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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Bulk+0.138%54s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.138%, 7d avg −0.019%
Together, before fees−0.092%+ Points / potential airdropNado: Active · farm board−$9 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: Nado is 0.158% dearer against Bulk than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.099790.0100pay 0.0013% / 1h59m 37s$383K$16K10x
ShortNado DOGE-PERP0.099930.0100get 0.0012% / 1h59m 37s$538K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bulk. 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: +0.138% → −0.019%
$15.76
Slippage, 4 orders
−$19.29
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$17.54
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Bulk: live order book, 44 min ago; Nado: live order book, 4 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 Bulk live order book, 44 min ago5.02 bp8.5 bp −$98.5 bp −$858.5 bp −$85219.9 bp −$9,938
Sell Nado live order book, 4 min ago2.00 bp8.5 bp −$819.0 bp −$190doesn'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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09993+0.137%$5.6M$40.6M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09984+0.046%$612K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09991+0.122%$35K150xas long as short
dYdX DOGE-USD+0.0003%1h0.09978−0.017%$224K$69K10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.519%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0035%8h0.09973−0.062%$141.4M$344.5M75xas long as short
Polymarket Perps DOGE-USD+0.0047%1h0.09985+0.058%$263K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.440%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09984+0.048%$846K$6.8M15xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09993+0.138%$538K$1.1M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09982+0.030%$124.2M$117.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09982+0.025%$4.5M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09976−0.028%$318K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09984+0.048%$329.6M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09980+0.008%$164.3M$522.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09986+0.068%$117.2M$1.21B50xas long as short
Bulk DOGE-USDlong+0.0100%1h0.09979long leg$383K$16K10x
Gate DOGE_USDT+0.0100%8h0.09974−0.052%$249.5M$154.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09975−0.042%$112.1M$256.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09976−0.032%$66.7M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09972−0.072%$53.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09989+0.098%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09969−0.105%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09981+0.021%$303K$140.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09977−0.026%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.008%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09991+0.118%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1000+0.232%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09998+0.184%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09993+0.138%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09992+0.125%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09994+0.148%$91.6M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09973−0.066%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09976−0.030%$490K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09992+0.128%$19K3xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09983+0.038%$834$536K10xas long as short
Reya DOGERUSDPERP+0.0198%1h0.09990+0.111%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0200%1h0.09996+0.168%$573K$252K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.09979−0.002%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09995+0.158%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09992+0.128%$315K200xas long as short
01 Exchange DOGEUSD+0.0272%1h0.09990+0.113%$444$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09980+0.008%$17K$308K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09998+0.193%$402K$458K10xas long as short