Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against Nado+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Paradex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DOGE-PERP	0.09904	0.0100	pay 0.0012% / 1h	45m 25s	$536K	$1.1M	10x
Short	Paradex DOGE-USD-PERP	0.09905	0.0100	get 0.0100% / 8h	7h 45m	$18K	$5K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → 0.000%: $1.3
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$9.7
Costs to cover: 0.110%
Break-even: 151674.6 days

Slippage unknown: Nado: live order book, 3 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 3 min ago	1.01 bp	7.3 bp −$7	17.2 bp −$172	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DOGEUSD	−0.0096%	1h	0.09901	−0.026%	$5.5M	$40.7M	50x	as long as short
Bitget DOGEUSDT	−0.0011%	8h	0.09897	−0.071%	$140.6M	$347.5M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09904	+0.002%	$553K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09900	−0.042%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.321%	$6K	$242K	12x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0043%	1h	0.09903	−0.012%	$561K	$291K	25x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09916	+0.117%	$18K	$386K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09914	+0.102%	$827K	$6.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09908	+0.040%	$1K	$545K	10x	as long as short
Nado DOGE-PERPlong	+0.0100%	1h	0.09904	long leg	$536K	$1.1M	10x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOGE	+0.0100%	1h	0.09912	+0.077%	$123.7M	$117.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09909	+0.050%	$5.0M	$59.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09907	+0.033%	$322K	$490K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09910	+0.056%	$328.4M	$1.71B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09903	−0.010%	$164.1M	$522.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09905	+0.010%	$115.6M	$1.19B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09910	+0.061%	$16K	$306K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09902	−0.020%	$250.7M	$153.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09904	0.000%	$117.9M	$258.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09908	+0.040%	$66.4M	$50.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09907	+0.030%	—	$53.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09899	−0.050%	$301K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09893	−0.112%	$1.1M	$8.5M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09913	+0.090%	$301K	$139.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09911	+0.071%	$626K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09910	+0.061%	$142K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09910	+0.061%	$258K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09900	−0.040%	$71K	$469K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09908	+0.043%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09908	+0.039%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09901	−0.030%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09903	−0.005%	$5.9M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09902	−0.020%	$90.5M	$16.6M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09910	+0.061%	$378K	$2K	10x	as long as short
Paradex DOGE-USD-PERPshort	+0.0100%	8h	0.09905	+0.013%	$18K	$5K	30x
Extended DOGE-USD	+0.0104%	1h	0.09902	−0.020%	$481K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09901	−0.032%	$19K	—	3x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0166% / S −0.0008%	1h	0.09900	−0.038%	$412K	—	200x	as long as short
Reya DOGERUSDPERP	+0.0201%	1h	0.09901	−0.027%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09906	+0.020%	$1.9M	$34.9M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09908	+0.040%	$15.4M	$26.8M	75x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09915	+0.109%	$441	$4K	10x	as long as short
dYdX DOGE-USD	+0.0403%	1h	0.09903	−0.007%	$223K	$64K	10x	as long as short
RISEx DOGE/USDC	+0.0717%	1h	0.09914	+0.099%	$399K	$455K	10x	as long as short