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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Nado+0.139%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.139%, 7d avg +0.035%
Together, before fees−0.138%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.104% dearer against Nado than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099000.0100pay 0.0012% / 1h44m 13s$525K$1.0M10x
ShortPhemex DOGEUSDT0.099140.0100get 0.0100% / 8h4h 44m$91.1M$16.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.139% → +0.035%
$10.41
Slippage, 4 orders
−$25.66
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$34.25
Costs to cover
0.447%
Break-even
3518796086889807.5 days
Slippage from Nado: live order book, 4 min ago; Phemex: live order book, 5 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, 4 min ago1.01 bp7.5 bp −$815.8 bp −$158doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago4.56 bp16.7 bp −$1736.8 bp −$368doesn'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
Bitget DOGEUSDT−0.0058%8h0.09908+0.078%$149.8M$275.1M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09911+0.105%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09895−0.051%$431K$5.2M2.8xas long as short
dYdX DOGE-USD0.0000%1h0.09883−0.179%$222K$49K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09906+0.055%$23K150xas long as short
Polymarket Perps DOGE-USD+0.0059%1h0.09902+0.013%$258K$831K10xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09898−0.023%$894$448K10xas long as short
Lighter DOGE+0.0096%1h0.09913+0.133%$728K$6.2M15xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09900long leg$525K$1.0M10x
Aster DOGEUSDT+0.0100%8h0.09910+0.098%$4.5M$49.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09893−0.069%$321K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09916+0.159%$316.7M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09914+0.139%$160.9M$443.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09915+0.149%$110.8M$990.8M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.154%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09905+0.048%$242.8M$133.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09915+0.149%$111.5M$234.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09908+0.078%$65.4M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09914+0.139%$76.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09913+0.129%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09876−0.248%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.356%$293K$129.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09854−0.466%$620K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.407%$143K$283K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09908+0.078%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09904+0.043%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09914+0.144%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09909+0.088%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09906+0.062%$5.9M$57.3M75xas long as short
Phemex DOGEUSDTshort+0.0100%8h0.09914+0.139%$91.1M$16.6M50x
Paradex DOGE-USD-PERP+0.0101%8h0.09887−0.129%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09905+0.052%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09905+0.049%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0113%1h0.09908+0.080%$592K$118K25xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09907+0.071%$528$4K10xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09908+0.074%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09875−0.255%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09874−0.264%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09906+0.059%$310K200xas long as short
Hyperliquid DOGE+0.0284%1h0.09915+0.154%$120.7M$100.2M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09914+0.139%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09915+0.149%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09910+0.097%$400K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09900−0.003%$5K$239K12xas long as short