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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Kalshi−0.213%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.098%+$10 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.213%, 7d avg +0.020%
Together, before fees+0.153%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.233% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.020%). If the spread goes back, that is −$23 on $10k: about 7.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.098940get 0.0000% / 8h2h 36m$388K$5.0M2.8x
ShortNado DOGE-PERP0.098720.0100get 0.0012% / 1h36m 10s$481K$980K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Kalshi. 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
$21
Price spread: −0.213% → +0.020%
−$23.3
Slippage, 4 orders
−$21.92
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$41.22
Costs to cover
0.389%
Break-even
20.7 days
Slippage from Kalshi: live order book, 2 min ago; Nado: live order book, 32 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 Kalshi live order book, 2 min ago6.25 bp11.3 bp −$1118.6 bp −$186doesn't fitdoesn't fit
Sell Nado live order book, 32 min ago0.99 bp7.4 bp −$719.1 bp −$191doesn'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
Bitget DOGEUSDT−0.0127%8h0.09878−0.158%$149.8M$273.7M75xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.09894long leg$388K$5.0M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09884−0.093%$23K150xas long as short
dYdX DOGE-USD+0.0024%1h0.09863−0.312%$221K$51K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09882−0.118%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09892−0.020%$740K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09876−0.178%$825$433K10xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09872−0.213%$481K$980K10x
Aster DOGEUSDT+0.0100%8h0.09889−0.049%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09871−0.226%$326K$504K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09887−0.067%$313.4M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09886−0.077%$156.6M$444.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09891−0.026%$109.0M$975.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09891−0.026%$127K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.239%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09883−0.107%$240.3M$131.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09883−0.107%$109.7M$228.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09885−0.087%$65.4M$43.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09884−0.097%$76.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09888−0.057%$342K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09884−0.097%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09843−0.512%$270K$127.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09848−0.456%$618K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.441%$144K$276K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09878−0.162%$254K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09888−0.057%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09886−0.077%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09888−0.057%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09888−0.057%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09890−0.037%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09886−0.077%$91.2M$17.4M50xas long as short
Extended DOGE-USD+0.0104%1h0.09883−0.112%$521K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09887−0.067%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0114%8h0.09874−0.198%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09880−0.134%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09882−0.116%$527$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0185%1h0.09889−0.041%$591K$119K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+0.853%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09877−0.168%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0241%1h0.09865−0.290%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09881−0.131%$308K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09886−0.080%$318K$404K10xas long as short
Hyperliquid DOGE+0.0693%1h0.09897+0.038%$120.4M$97.2M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09870−0.239%$5K$239K12xas long as short