Funding you earn now, next payment 07:00 UTC+0.0287%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h +0.024%
Price spread now: Arcus against Nado+0.055%7-day average +0.027% · 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−$28as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 3 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.055%, 7d avg +0.027%
=Together, before fees−0.071%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Arcus is 0.028% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.024% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 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 | Nado DOGE-PERP | 0.09988 | 0.0100 | pay 0.0012% / 1h | 13m 18s | $539K | $1.1M | 10x |
| Short | Arcus DOGE-USD | 0.09993 | 0.0387 | get 0.0048% / 1h | 13m 18s | $18K | $307K | 10x |
Nado DOGE-PERP
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Nado. 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
- $60.29
- Price spread: +0.055% → +0.027%
- $2.85
- Slippage, 4 orders
- −$19.28
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $32.36
- Costs to cover
- 0.308%
- Break-even
- 3.2 days
Slippage from Nado: live order book, 5 min ago; Arcus: live order book, 26 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, 5 min ago | 0.50 bp | 6.9 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 26 min ago | 3.00 bp | 8.7 bp −$9 | 24.2 bp −$242 | doesn't fit | doesn't fit |
DOGE on 43 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 | −0.0083% | 1h | 0.09989 | +0.019% | $5.7M | $40.6M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09993 | +0.055% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09986 | −0.019% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09992 | +0.041% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.432% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0047% | 8h | 0.09984 | −0.035% | $141.7M | $344.2M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0049% | 1h | 0.09986 | −0.014% | $263K | $1.2M | 10x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.370% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09999 | +0.112% | $847K | $6.8M | 15x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09988 | long leg | $539K | $1.1M | 10x |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Phoenix DOGE
Lighter DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09991 | +0.035% | $4.6M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09993 | +0.054% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09992 | +0.046% | $329.3M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.005% | $164.6M | $521.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09991 | +0.035% | $117.2M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.402% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09991 | +0.035% | $249.7M | $157.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09994 | +0.065% | $111.9M | $258.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09992 | +0.045% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09992 | +0.045% | — | $53.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09995 | +0.075% | $303K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.213% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1001 | +0.192% | $304K | $140.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | +0.155% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.225% | $148K | $340K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09992 | +0.045% | $70K | $476K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09997 | +0.099% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09991 | +0.035% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09990 | +0.027% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09991 | +0.035% | $91.6M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09991 | +0.040% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09988 | +0.006% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09993 | +0.060% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0108% | 8h | 0.09996 | +0.085% | $835 | $535K | 10x | as long as short |
| Hyperliquid DOGE | +0.0136% | 1h | 0.1000 | +0.132% | $124.3M | $116.6M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0198% | 1h | 0.09988 | +0.007% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09995 | +0.075% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09993 | +0.055% | $1.9M | $34.7M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09992 | +0.047% | $314K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0260% | 1h | 0.09997 | +0.092% | $573K | $252K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.1000 | +0.135% | $445 | $4K | 10x | as long as short |
| Arcus DOGE-USDshort | +0.0387% | 1h | 0.09993 | +0.055% | $18K | $307K | 10x | |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1000 | +0.130% | $402K | $458K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
RISEx DOGE/USDC