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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.041%
Price spread now: Bitget against Nado−0.051%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.048%−$5 on $10k
Price spread, last 4 days (all we have)−0.333%−$33 · spread now −0.051%, 7d avg −0.028%
Together, before fees−0.381%+ Points / potential airdropNado: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.023% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.097970.0100pay 0.0012% / 1h26m 32s$501K$1.1M10x
ShortBitget DOGEUSDT0.09792−0.0015pay 0.0015% / 8h7h 26m$138.8M$346.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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
−$24.15
Price spread: −0.051% → −0.028%
−$2.28
Slippage, 4 orders
−$12.92
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$58.34
Costs to cover
0.319%
Break-even
never at this rate
Slippage from Nado: live order book, 2 min ago; Bitget: live order book, 3 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 Nado live order book, 2 min ago1.53 bp8.2 bp −$820.0 bp −$200doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.51 bp8.9 bp −$910.2 bp −$10220.1 bp −$2,00534.2 bp −$17.1K

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−0.0097%1h0.09803+0.059%$5.4M$40.7M50xas long as short
Bitget DOGEUSDTshort−0.0015%8h0.09792−0.051%$138.8M$346.9M75x
Gate DOGE_USDT−0.0006%8h0.09793−0.041%$247.7M$154.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09812+0.154%$537K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09788−0.090%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.482%$6K$242K12xas long as short
Phoenix DOGE+0.0081%1h0.09816+0.191%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09809+0.126%$816K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09791−0.061%$2K$544K10xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09797long leg$501K$1.1M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09803+0.064%$122.2M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09799+0.020%$4.9M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09801+0.040%$318K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.097970.000%$323.4M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09796−0.010%$162.7M$523.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09801+0.041%$113.3M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09799+0.020%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09784−0.131%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09798+0.010%$115.4M$261.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09798+0.010%$65.1M$49.2M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09795−0.020%$53.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09806+0.092%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09822+0.254%$1.0M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09824+0.277%$298K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09821+0.245%$617K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830+0.337%$140K$347K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09799+0.026%$255K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09799+0.020%$70K$465K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809+0.119%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09808+0.108%$34K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09803+0.061%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09806+0.088%$5.8M$69.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09809+0.122%$89.6M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09796−0.009%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09791−0.060%$476K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09800+0.031%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0158%1h0.09804+0.073%$555K$298K25xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0166% / S −0.0068%1h0.09806+0.094%$351K200xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09803+0.064%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09808+0.112%$1.9M$34.6M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09809+0.122%$15.5M$26.7M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09806+0.089%$451$4K10xas long as short
dYdX DOGE-USD+0.0489%1h0.09799+0.016%$230K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09802+0.050%$394K$448K10xas long as short