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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.017%
Price spread now: Reya against Nado+0.047%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.047% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099110.0100pay 0.0012% / 1h41m 56s$525K$1.0M10x
ShortReya DOGERUSDPERP0.099160.0189get 0.0024% / 1h41m 56s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.62
Price spread: +0.047% → 0.000%
$4.71
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.34
Costs to cover
0.130%
Break-even
3.1 days
Slippage unknown: Nado: live order book, 1 min ago; Reya: 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, 1 min ago1.01 bp7.4 bp −$718.9 bp −$189doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0057%8h0.09907−0.045%$149.7M$275.1M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09909−0.025%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09923+0.112%$394K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09913+0.019%$23K150xas long as short
dYdX DOGE-USD+0.0036%1h0.09917+0.058%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0069%1h0.09915+0.032%$258K$831K10xas long as short
Lighter DOGE+0.0096%1h0.09917+0.050%$728K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09908−0.035%$895$449K10xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09911long leg$525K$1.0M10x
Aster DOGEUSDT+0.0100%8h0.09914+0.029%$4.6M$49.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09917+0.060%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09918+0.068%$316.7M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09918+0.066%$161.0M$443.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09922+0.106%$110.8M$992.4M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.267%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09912+0.005%$243.1M$133.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09915+0.035%$111.2M$234.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09915+0.035%$65.4M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09916+0.045%$76.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09910−0.015%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09876−0.361%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.469%$293K$129.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09876−0.358%$622K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.318%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09915+0.035%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09911−0.008%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09917+0.060%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09909−0.025%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09919+0.076%$5.9M$57.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09914+0.025%$91.1M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09916+0.044%$18K$7K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0103%1h0.09915+0.038%$592K$118K25xas long as short
Extended DOGE-USD+0.0104%1h0.09912+0.007%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09911−0.007%$19K3xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09916+0.046%$529$4K10xas long as short
Reya DOGERUSDPERPshort+0.0189%1h0.09916+0.047%$2K20x
BloFin DOGE-USDT+0.0220%8h0.09901−0.106%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09885−0.265%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09913+0.018%$310K200xas long as short
Hyperliquid DOGE+0.0273%1h0.09921+0.096%$120.7M$100.3M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09929+0.177%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09922+0.106%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09917+0.050%$400K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.288%$5K$239K12xas long as short