Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h −0.023%
Price spread now: Deribit against Nado+0.244%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.092%−$9 on $10k
Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.244%, 7d avg +0.028%
Together, before fees−0.296%+ Points / potential airdropNado: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.216% dearer against Nado than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.028%. Mind the row above: over the last 3 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099900.0100pay 0.0012% / 1h55m 18s$547K$1.1M10x
ShortDeribit DOGE_USDC-PERPETUAL0.10010.0220get 0.0028% / 1h55m 18s$569K$248K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$25.2
Price spread: +0.244% → +0.028%
$21.64
Slippage, 4 orders
−$21.55
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$11.29
Costs to cover
0.355%
Break-even
3.9 days
Slippage from Nado: live order book, 3 min ago; Deribit: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago1.00 bp7.7 bp −$817.3 bp −$173doesn't fitdoesn't fit
Sell Deribit live order book, 59 min ago5.70 bp9.7 bp −$1054.4 bp −$544doesn't fitdoesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DOGE-USD−0.0002%1h0.09985−0.060%$263K$1.1M10xas long as short
dYdX DOGE-USD0.0000%1h0.09993+0.025%$224K$70K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1000+0.131%$646K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000+0.103%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.1001+0.165%$5.6M$40.6M50xas long as short
Lighter DOGE+0.0096%1h0.1001+0.203%$739K$6.5M15xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09990long leg$547K$1.1M10x
Hyperliquid DOGE+0.0100%1h0.09998+0.079%$124.7M$113.8M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1001+0.183%$4.4M$56.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09994+0.036%$320K$524K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1001+0.181%$325.6M$1.65B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001+0.155%$162.9M$510.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.225%$113.9M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.284%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09998+0.075%$246.7M$148.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09993+0.025%$114.5M$249.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09993+0.025%$66.3M$49.1M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.1001+0.185%$130.1M$322.7M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09998+0.075%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001+0.225%$316K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001+0.173%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09995+0.042%$312K$137.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.184%$633K$4.7M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001+0.205%$65K$464K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001+0.192%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.175%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001+0.155%$2K$5.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1000+0.142%$5.9M$66.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001+0.195%$92.1M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09992+0.016%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001+0.148%$481K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001+0.217%$19K3xas long as short
Katana Perps DOGE-USD+0.0114%8h0.09986−0.045%$1K$516K10xas long as short
01 Exchange DOGEUSD+0.0160%1h0.09994+0.033%$444$4K10xas long as short
Reya DOGERUSDPERP+0.0193%1h0.09989−0.017%$2K20xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0220%1h0.1001+0.244%$569K$248K25x
BloFin DOGE-USDT+0.0220%8h0.1001+0.215%$16.2M$26.9M75xas long as short
Arcus DOGE-USD+0.0231%1h0.1000+0.115%$108K$207K10xas long as short
Phoenix DOGE+0.0235%1h0.1000+0.122%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0252% / S −0.0290%1h0.10000+0.092%$324K200xas long as short
ApeX Omni DOGEUSDT+0.0288%1h0.1000+0.095%$150K$336K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1001+0.185%$2.0M$33.8M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09998+0.071%$403K$437K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+5.400%$6K$242K12xas long as short