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 +0.004%
Price spread now: Nado against Derive+0.270%408s7-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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.270% dearer against Derive than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 408 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.099670.0100pay 0.0013% / 1h29m 34s$19K$7K10x
ShortNado DOGE-PERP0.099930.0100get 0.0012% / 1h29m 34s$540K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Derive. 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: +0.270% → 0.000%
$26.95
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$13.95
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; Nado: live order book, 4 min ago. 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 Derive no order-book sample
Sell Nado live order book, 4 min ago2.00 bp8.3 bp −$818.9 bp −$189doesn't fitdoesn't fit
Derive: 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
Kraken Futures PF_DOGEUSD−0.0082%1h0.10000+0.333%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09986+0.198%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09990+0.230%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09983+0.168%$34K150xas long as short
Polymarket Perps DOGE-USD+0.0032%1h0.09988+0.218%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.652%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0063%8h0.09988+0.214%$142.4M$343.8M75xas long as short
Phoenix DOGE+0.0080%1h0.09997+0.302%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.358%$852K$6.8M15xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09993+0.270%$540K$1.1M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09998+0.314%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09997+0.303%$320K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09998+0.314%$328.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09992+0.254%$165.5M$520.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09994+0.275%$117.9M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.234%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09997+0.305%$250.0M$156.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09996+0.295%$111.0M$258.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1000+0.335%$66.6M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09992+0.254%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09998+0.315%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09984+0.172%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09985+0.188%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988+0.214%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.234%$150K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09995+0.285%$66K$467K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.09967long leg$19K$7K10x
SunX DOGE-USDT+0.0100%8h0.09992+0.249%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09996+0.295%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09987+0.202%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1000+0.345%$91.8M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09999+0.324%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09998+0.311%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09995+0.285%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09994+0.275%$835$536K10xas long as short
Hyperliquid DOGE+0.0123%1h0.09998+0.315%$124.1M$116.5M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09988+0.212%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984+0.174%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09999+0.325%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09986+0.193%$314K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1000+0.352%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.1000+0.335%$23K$305K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0391%1h0.09998+0.319%$574K$252K25xas long as short
RISEx DOGE/USDC+0.0626%1h0.09992+0.254%$402K$457K10xas long as short