Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Nado−0.100%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on Nado Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.100%, 7d avg +0.054%

Together, before fees+0.132%+ Points / potential airdropNado: Active · farm board+$13 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: SunX is 0.154% cheaper against Nado than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DOGE-PERP	0.1055	0.0100	pay 0.0012% / 1h	51m 40s	$571K	$1.1M	10x
Short	SunX DOGE-USDT	0.1054	0.0100	get 0.0100% / 8h	3h 51m	$37K	$2.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → +0.054%: −$15.43
Slippage, 4 orders: −$53.02
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$83.45
Costs to cover: 0.680%
Break-even: 836426680552454.5 days

Slippage from Nado: live order book, 2 min ago; SunX: live order book, 5 min ago.

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, 2 min ago	0.95 bp	8.1 bp −$8	28.3 bp −$283	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	18.50 bp	28.1 bp −$28	77.1 bp −$771	doesn't fit	doesn't fit

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
Bitget DOGEUSDT	−0.0007%	8h	0.1052	−0.320%	$142.9M	$306.4M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1051	−0.418%	$236K	$59K	10x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1055	−0.043%	$25K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1053	−0.227%	$762K	$6.3M	15x	as long as short
Nado DOGE-PERPlong	+0.0100%	1h	0.1055	long leg	$571K	$1.1M	10x
Aster DOGEUSDT	+0.0100%	8h	0.1055	−0.043%	$5.0M	$52.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1052	−0.310%	$347K	$491K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1052	−0.345%	$347.4M	$1.56B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1052	−0.310%	$174.7M	$482.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1052	−0.339%	$120.0M	$1.14B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1047	−0.837%	$402K	$11K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1054	−0.159%	$259.1M	$140.5M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1054	−0.149%	$119.0M	$238.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1054	−0.111%	$69.8M	$46.8M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1054	−0.149%	—	$78.3M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1049	−0.569%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1048	−0.686%	$318K	$133.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1028	−2.563%	$651K	$4.5M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1055	−0.064%	$270K	$887K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1055	−0.083%	$74K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1055	−0.079%	$26K	$1K	10x	as long as short
SunX DOGE-USDTshort	+0.0100%	8h	0.1054	−0.100%	$37K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1055	−0.073%	$2K	$4.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1054	−0.108%	$6.2M	$62.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1055	−0.007%	$97.1M	$17.1M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1055	−0.078%	$511K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1054	−0.113%	$20K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.1052	−0.340%	$19K	$7K	30x	as long as short
Katana Perps DOGE-USD	+0.0126%	8h	0.1057	+0.116%	$1K	$480K	10x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1056	+0.018%	$2K	—	20x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0215%	1h	0.1055	−0.033%	$595K	$241K	25x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1055	−0.036%	$16.5M	$27.6M	75x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1050	−0.496%	$68K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0239%	1h	0.1054	−0.137%	$5.8M	$37.4M	50x	as long as short
01 Exchange DOGEUSD	+0.0256%	1h	0.1057	+0.121%	$470	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0261% / S −0.0320%	1h	0.1055	−0.090%	$348K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0262%	1h	0.1055	−0.017%	$354K	$1.2M	15x	as long as short
Kalshi KXDOGEPERP	+0.0292%	8h	0.1058	+0.209%	$763K	$6.1M	2.8x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1055	−0.073%	$2.2M	$31.8M	50x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1056	+0.031%	$115K	$200K	10x	as long as short
Hyperliquid DOGE	+0.0665%	1h	0.1054	−0.111%	$130.4M	$106.8M	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1057	+0.104%	$426K	$426K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	−0.234%	$6K	$242K	12x	as long as short
ApeX Omni DOGEUSDT	+0.1281%	1h	0.1047	−0.803%	$164K	$302K	25x	as long as short