DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.031%

Price spread now: Nado against Kraken Futures+0.033%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.013%−$1 on $10k

Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.033%, 7d avg −0.030%

Together, before fees−0.058%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.063% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DOGEUSD	0.09984	0.0066	pay 0.0008% / 1h	3m 16s	$5.8M	$34.6M	50x
Short	Nado DOGE-PERP	0.09987	0.0100	get 0.0012% / 1h	3m 16s	$532K	$988K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee NadobpOrdersPrice spread, now +0.033%Rate

Funding earned: $7.06
Price spread: +0.033% → −0.030%: $6.3
Slippage, 4 orders: −$22.1
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$25.73
Costs to cover: 0.391%
Break-even: 32.5 days

Slippage from Kraken Futures: live order book, 6 min ago; Nado: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 6 min ago	2.01 bp	11.1 bp −$11	14.1 bp −$141	32.5 bp −$3,255	doesn't fit
Sell Nado live order book, 65 min ago	0.99 bp	7.4 bp −$7	19.1 bp −$191	doesn't fit	doesn't fit

DOGE on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0094%	8h	0.09964	−0.197%	$150.9M	$273.0M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09979	−0.043%	$394K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09981	−0.029%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1001	+0.227%	$225K	$49K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0020%	1h	0.09988	+0.038%	$597K	$118K	25x	as long as short
Kraken Futures PF_DOGEUSDlong	+0.0066%	1h	0.09984	long leg	$5.8M	$34.6M	50x
Lighter DOGE	+0.0096%	1h	0.09993	+0.093%	$823K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09992	+0.083%	$835	$429K	10x	as long as short
Nado DOGE-PERPshort	+0.0100%	1h	0.09987	+0.033%	$532K	$988K	10x
Aster DOGEUSDT	+0.0100%	8h	0.09985	+0.012%	$4.6M	$48.1M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.1001	+0.293%	$329K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09979	−0.049%	$317.8M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09979	−0.047%	$159.0M	$437.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09978	−0.057%	$110.7M	$981.7M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1001	+0.273%	$129K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	+0.321%	$384K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09977	−0.067%	$241.9M	$133.6M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09977	−0.067%	$113.4M	$232.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09982	−0.017%	$66.1M	$43.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09976	−0.077%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09971	−0.127%	$334K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	+0.321%	$999K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09999	+0.154%	$294K	$129.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1003	+0.480%	$636K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	+0.163%	$146K	$272K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09989	+0.050%	$259K	$659K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09986	+0.023%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09987	+0.031%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09981	−0.025%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09988	+0.043%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09977	−0.071%	$5.9M	$55.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09973	−0.107%	$91.9M	$16.8M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09985	+0.009%	$560K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09987	+0.033%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0107%	8h	0.1000	+0.184%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0185%	1h	0.09976	−0.079%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.09996	+0.123%	$533	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09984	+0.003%	$2.3M	$25.7M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.1004	+0.523%	$65K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09974	−0.094%	$311K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09999	+0.148%	$403K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0685%	1h	0.09989	+0.054%	$121.4M	$99.2M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1006	+0.764%	$5K	$239K	12x	as long as short