Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against Nado+0.015%7-day average +0.001% · 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−$27as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Nado Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.015%, 7d avg +0.001%

Together, before fees−0.356%+ Points / potential airdropNado: Active · farm board−$36 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DOGE-PERP	0.09977	0.0100	pay 0.0012% / 1h	40m 17s	$532K	$991K	10x
Short	BingX DOGE-USDT	0.09978	0.0100	get 0.0100% / 8h	5h 40m	—	$76.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Nado. 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 NadobpFee BingXbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → +0.001%: $1.43
Slippage, 4 orders: −$11.17
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$26.74
Costs to cover: 0.282%
Break-even: 244160652600721.9 days

Slippage from Nado: live order book, 23 min ago; BingX: live order book, 14 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 Nado live order book, 23 min ago	1.50 bp	7.7 bp −$8	18.5 bp −$185	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	1.00 bp	6.0 bp −$6	7.5 bp −$75	13.2 bp −$1,322	29.2 bp −$14.6K

DOGE on 44 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	−0.0093%	8h	0.09977	+0.005%	$151.1M	$273.7M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09980	+0.035%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09976	−0.002%	$443K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09978	+0.017%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.09991	+0.147%	$808K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09975	−0.015%	$901	$436K	10x	as long as short
Nado DOGE-PERPlong	+0.0100%	1h	0.09977	long leg	$532K	$991K	10x
Aster DOGEUSDT	+0.0100%	8h	0.09987	+0.104%	$4.7M	$48.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09986	+0.098%	$328K	$484K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09982	+0.051%	$319.9M	$1.44B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.09977	+0.005%	$160.6M	$440.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09985	+0.085%	$111.4M	$987.9M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09995	+0.183%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09977	+0.005%	$243.2M	$131.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09978	+0.015%	$113.4M	$229.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09982	+0.055%	$66.0M	$43.3M	75x	as long as short
BingX DOGE-USDTshort	+0.0100%	8h	0.09978	+0.015%	—	$76.2M	—
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09974	−0.025%	$328K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09971	−0.060%	$997K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1000	+0.249%	$297K	$129.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	+0.331%	$629K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1001	+0.336%	$146K	$277K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09977	+0.008%	$256K	$731K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09983	+0.065%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09982	+0.056%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09994	+0.172%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09984	+0.075%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09971	−0.060%	$5.9M	$56.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09975	−0.015%	$91.8M	$16.7M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09980	+0.037%	$547K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09982	+0.055%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.09986	+0.093%	$18K	$6K	30x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0161%	1h	0.09985	+0.090%	$597K	$118K	25x	as long as short
Reya DOGERUSDPERP	+0.0186%	1h	0.09977	+0.007%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09987	+0.106%	$532	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09974	−0.025%	$15.7M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09980	+0.039%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09978	+0.011%	$310K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09989	+0.125%	$2.3M	$26.1M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0306%	1h	0.09981	+0.041%	$5.7M	$35.0M	50x	as long as short
Hyperliquid DOGE	+0.0436%	1h	0.09992	+0.154%	$122.0M	$100.0M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09990	+0.135%	$402K	$367K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09996	+0.195%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1000	+0.236%	$5K	$239K	12x	as long as short