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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h 0.000%
Price spread now: Katana Perps against Nado+0.116%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.116%, 7d avg −0.003%
Together, before fees−0.383%+ Points / potential airdropNado: Active · farm board−$38 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 Katana Perps is 0.119% dearer against Nado than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.10550.0100pay 0.0012% / 1h52m 20s$571K$1.1M10x
ShortKatana Perps DOGE-USD0.10570.0126get 0.0126% / 8h3h 52m$1K$480K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$5.55
Price spread: +0.116% → −0.003%
$11.88
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$6.63
Costs to cover
0.108%
Break-even
from the start
Slippage unknown: Nado: live order book, 6 min ago; Katana Perps: no order-book sample. Net counts fees only.

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, 6 min ago0.98 bp8.4 bp −$822.5 bp −$225doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget DOGEUSDT−0.0007%8h0.1055−0.092%$143.2M$306.3M75xas long as short
dYdX DOGE-USD0.0000%1h0.1056+0.008%$237K$59K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1055−0.043%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1055−0.072%$755K$6.3M15xas long as short
Nado DOGE-PERPlong+0.0100%1h0.1055long leg$571K$1.1M10x
Aster DOGEUSDT+0.0100%8h0.1056+0.059%$5.0M$52.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1057+0.113%$348K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1056+0.040%$348.8M$1.56B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1056+0.078%$175.7M$483.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1055−0.064%$119.9M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047−0.837%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1055−0.017%$259.6M$140.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1056+0.050%$118.9M$238.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1055−0.045%$69.9M$46.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1055−0.036%$78.1Mas long as short
Variational Omni DOGE+0.0100%8h0.1049−0.569%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1048−0.686%$318K$133.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1028−2.563%$651K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1055−0.064%$270K$887K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1055−0.083%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1055−0.079%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1054−0.100%$37K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1055−0.073%$2K$4.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1054−0.108%$6.2M$62.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1055−0.007%$97.1M$17.1M50xas long as short
Extended DOGE-USD+0.0104%1h0.1054−0.116%$513K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1054−0.113%$20K3xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1056+0.043%$19K$7K30xas long as short
Katana Perps DOGE-USDshort+0.0126%8h0.1057+0.116%$1K$480K10x
Reya DOGERUSDPERP+0.0191%1h0.1056+0.018%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0215%1h0.1055−0.033%$595K$241K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1055−0.036%$16.5M$27.6M75xas long as short
Phoenix DOGE+0.0235%1h0.1050−0.496%$68K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0239%1h0.1054−0.137%$5.8M$37.4M50xas long as short
Backpack DOGE_USDC_PERP+0.0255%1h0.1056+0.069%$353K$1.2M15xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1057+0.121%$470$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0261% / S −0.0320%1h0.1055−0.090%$348K200xas long as short
Kalshi KXDOGEPERP+0.0292%8h0.1058+0.209%$763K$6.1M2.8xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1055−0.073%$2.2M$31.8M50xas long as short
Arcus DOGE-USD+0.0634%1h0.1056+0.031%$115K$200K10xas long as short
Hyperliquid DOGE+0.0695%1h0.1057+0.126%$130.6M$106.6M10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1057+0.104%$426K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053−0.234%$6K$242K12xas long as short
ApeX Omni DOGEUSDT+0.1281%1h0.1047−0.803%$164K$302K25xas long as short