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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Nado+0.055%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.055%, 7d avg +0.034%
Together, before fees−0.002%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.022% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099390.0100pay 0.0012% / 1h27m 54s$530K$993K10x
ShortBloFin DOGE-USDT0.099450.0220get 0.0220% / 8h5h 27m$15.6M$25.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.055% → +0.034%
$2.18
Slippage, 4 orders
−$11.9
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.52
Costs to cover
0.309%
Break-even
8.0 days
Slippage from Nado: live order book, 36 min ago; BloFin: live order book, 6 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, 36 min ago1.50 bp7.7 bp −$818.5 bp −$185doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.00 bp7.0 bp −$711.7 bp −$11719.9 bp −$1,99033.3 bp −$16.7K

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−0.0088%8h0.09921−0.186%$150.2M$273.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.09936−0.031%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09939−0.007%$441K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09935−0.047%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0072%1h0.09937−0.026%$594K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09936−0.034%$773K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09940+0.005%$994$444K10xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09939long leg$530K$993K10x
Aster DOGEUSDT+0.0100%8h0.09938−0.015%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09944+0.045%$327K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09932−0.070%$318.5M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09929−0.106%$160.0M$442.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09931−0.086%$110.8M$984.5M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985+0.456%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09926−0.136%$241.6M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09931−0.086%$111.4M$230.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09931−0.086%$65.7M$43.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09930−0.096%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09936−0.035%$327K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990+0.513%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969+0.295%$297K$130.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09994+0.545%$633K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.508%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09932−0.079%$253K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09933−0.065%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09931−0.083%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09938−0.016%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09938−0.015%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09934−0.058%$5.9M$56.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09939−0.005%$91.5M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09939−0.003%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09929−0.107%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09936−0.035%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09938−0.012%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09940+0.006%$530$4K10xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.09945+0.055%$15.6M$25.1M75x
Phoenix DOGE+0.0240%1h0.09961+0.213%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09936−0.037%$309K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09942+0.025%$2.3M$26.1M50xas long as short
Kraken Futures PF_DOGEUSD+0.0308%1h0.09936−0.034%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0488%1h0.09942+0.027%$121.5M$99.9M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09942+0.024%$400K$366K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09950+0.106%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.810%$5K$239K12xas long as short