Funding you earn now, next payment 09:00 UTC−0.0317%/8h= −34.7% APRnext payment −$0.40 per $10,000 · paid last 24h +0.015%
Price spread now: Nado against dYdX+0.025%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1401.404% of the position
Funding, last 4 days (all we have)+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now +0.025%, 7d avg −0.003%
=Together, before fees+0.319%+ Points / potential airdropNado: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.027% dearer against dYdX than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.021% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09885 | 0.0417 | pay 0.0052% / 1h | 18m 47s | $232K | $72K | 10x |
| Short | Nado DOGE-PERP | 0.09887 | 0.0100 | get 0.0012% / 1h | 18m 47s | $510K | $1.1M | 10x |
dYdX DOGE-USD
Nado DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$66.51
- Price spread: +0.025% → −0.003%
- $2.74
- Slippage, 4 orders
- −$123.37
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$204.13
- Costs to cover
- 1.404%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 15 min ago; Nado: 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 dYdX live order book, 15 min ago | 24.83 bp | 30.3 bp −$30 | 41.9 bp −$419 | 44.7 bp −$4,472 | 96.8 bp −$48.4K |
| Sell Nado live order book, 5 min ago | 1.52 bp | 8.2 bp −$8 | 18.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0096% | 1h | 0.09892 | +0.080% | $5.5M | $40.9M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0015% | 8h | 0.09900 | +0.156% | $140.2M | $346.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09891 | +0.068% | $512K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09895 | +0.105% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.530% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09887 | +0.028% | $18K | $386K | 10x | as long as short |
| Gate DOGE_USDT | +0.0082% | 8h | 0.09902 | +0.176% | $250.1M | $155.6M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09901 | +0.162% | $823K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09888 | +0.035% | $826 | $543K | 10x | as long as short |
| Nado DOGE-PERPshort | +0.0100% | 1h | 0.09887 | +0.025% | $510K | $1.1M | 10x |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09914 | +0.297% | $123.5M | $116.4M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09905 | +0.207% | $5.1M | $58.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09888 | +0.034% | $321K | $478K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09907 | +0.225% | $326.9M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09903 | +0.187% | $165.7M | $522.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09910 | +0.257% | $115.0M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09896 | +0.116% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09784 | −1.016% | $374K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09906 | +0.217% | $116.5M | $264.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09906 | +0.217% | $65.7M | $49.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09905 | +0.207% | — | $53.7M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09896 | +0.116% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | +0.137% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09888 | +0.035% | $262K | $139.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09897 | +0.128% | $633K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.055% | $141K | $348K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09893 | +0.085% | $257K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09894 | +0.095% | $71K | $465K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | −0.768% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09894 | +0.098% | $34K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09891 | +0.065% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09891 | +0.067% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09896 | +0.116% | $90.4M | $16.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09891 | +0.064% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09896 | +0.111% | $481K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09892 | +0.070% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0134% | 1h | 0.09896 | +0.116% | $554K | $301K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0203% | 1h | 0.09890 | +0.060% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09898 | +0.136% | $2.2M | $35.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0215% / S −0.0216% | 1h | 0.09883 | −0.016% | $291K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09897 | +0.126% | $15.4M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09897 | +0.123% | $456 | $4K | 10x | as long as short |
| dYdX DOGE-USDlong | +0.0417% | 1h | 0.09885 | long leg | $232K | $72K | 10x | |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09899 | +0.151% | $398K | $450K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
01 Exchange DOGEUSD
RISEx DOGE/USDC