Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against Nado+0.375%7-day average −0.021% · 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+$3as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 3 days (all we have)−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)−0.329%−$33 · spread now +0.375%, 7d avg −0.021%
=Together, before fees−0.425%+ Points / potential airdropNado: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.396% dearer against Nado than usual: you sell high and buy low (spread +0.375% now, against its 7-day average of −0.021%): +$40 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DOGE-PERP | 0.1006 | 0.0100 | pay 0.0012% / 1h | 31m 32s | $517K | $973K | 10x |
| Short | Kalshi KXDOGEPERP | 0.1010 | 0 | get 0.0000% / 8h | 3h 31m | $407K | $4.8M | 2.8x |
Nado DOGE-PERP
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.375% → −0.021%
- $39.6
- Slippage, 4 orders
- −$19.53
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$17.93
- Costs to cover
- 0.365%
- Break-even
- from the start
Slippage from Nado: live order book, 42 min ago; Kalshi: live order book, 2 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, 42 min ago | 1.51 bp | 8.2 bp −$8 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 2 min ago | 4.07 bp | 11.9 bp −$12 | 19.1 bp −$191 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0252% | 8h | 0.1010 | +0.378% | $93.2M | $18.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0186% | 8h | 0.1011 | +0.507% | $154.0M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1009 | +0.236% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.1010 | +0.375% | $407K | $4.8M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1007 | +0.124% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0020% | 1h | 0.1012 | +0.560% | $227K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1013 | +0.632% | $792K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1012 | +0.537% | $845 | $410K | 10x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.1006 | long leg | $517K | $973K | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.525% | $5.0M | $46.4M | 75x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1012 | +0.590% | $337K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1012 | +0.546% | $322.0M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.507% | $160.5M | $438.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1012 | +0.527% | $110.9M | $974.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1012 | +0.606% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.104% | $385K | $9K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1012 | +0.557% | $245.7M | $129.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1012 | +0.586% | $114.1M | $224.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1012 | +0.566% | $66.3M | $42.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1011 | +0.507% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1012 | +0.547% | $368K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.427% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | +0.130% | $265K | $123.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | +0.049% | $643K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1006 | −0.020% | $148K | $267K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.070% | $275K | $583K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.169% | $73K | $427K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.183% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.204% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.229% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.393% | $6.0M | $52.6M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1012 | +0.619% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1012 | +0.571% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.180% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0157% | 1h | 0.1008 | +0.227% | $607K | $121K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1006 | +0.018% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1013 | +0.651% | $535 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | −0.030% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | +0.159% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1008 | +0.149% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1007 | +0.110% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1012 | +0.608% | $320K | $477K | 10x | as long as short |
| Hyperliquid DOGE | +0.0856% | 1h | 0.1013 | +0.666% | $123.4M | $94.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1011 | +0.477% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP