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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Nado−0.114%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.114%, 7d avg 0.000%
Together, before fees+0.055%+ Points / potential airdropNado: Active · farm board+$5 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: Polymarket Perps is 0.114% cheaper against Nado than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099520.0100pay 0.0012% / 1h24m 29s$530K$990K10x
ShortPolymarket Perps DOGE-USD0.099410.0100get 0.0013% / 1h24m 29s$256K$642K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$0
Price spread: −0.114% → 0.000%
−$11.36
Slippage, 4 orders
−$15.84
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$42.2
Costs to cover
0.308%
Break-even
385362823380606.8 days
Slippage from Nado: live order book, 44 min ago; Polymarket Perps: live order book, 43 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, 44 min ago0.99 bp8.5 bp −$919.0 bp −$190doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 43 min ago2.98 bp7.0 bp −$78.7 bp −$87doesn't fitdoesn't fit

DOGE on 43 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−0.0111%8h0.09940−0.121%$150.5M$273.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09970+0.182%$392K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09943−0.090%$23K150xas long as short
dYdX DOGE-USD+0.0016%1h0.09963+0.107%$224K$49K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0041%1h0.09976+0.245%$596K$118K25xas long as short
Kraken Futures PF_DOGEUSD+0.0066%1h0.09974+0.220%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09971+0.195%$794K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09945−0.070%$831$428K10xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09952long leg$530K$990K10x
Aster DOGEUSDT+0.0100%8h0.09950−0.025%$4.6M$48.2M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09964+0.116%$327K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09946−0.057%$314.9M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09944−0.080%$157.4M$442.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09950−0.020%$109.7M$978.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09959+0.070%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09984+0.319%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09944−0.080%$241.1M$132.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09946−0.060%$110.7M$229.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09949−0.030%$65.8M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09946−0.060%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09968+0.161%$341K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990+0.380%$985K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982+0.305%$282K$128.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988+0.362%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950−0.020%$145K$270K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.09941−0.114%$256K$642K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09949−0.030%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09943−0.091%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09971+0.190%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09976+0.241%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09977+0.252%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09973+0.211%$91.9M$17.1M50xas long as short
Extended DOGE-USD+0.0104%1h0.09944−0.082%$561K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09947−0.053%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0110%8h0.09947−0.047%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09948−0.043%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09952−0.004%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09986+0.342%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0241%1h0.09998+0.463%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09942−0.097%$309K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09953+0.014%$400K$367K10xas long as short
Hyperliquid DOGE+0.0708%1h0.09961+0.089%$121.6M$97.4M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09980+0.281%$5K$239K12xas long as short