Funding you earn now, next payment 09:00 UTC+0.0339%/8h= +37.1% APRnext payment +$0.42 per $10,000 · paid last 24h −0.015%
Price spread now: dYdX against Nado−0.025%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$143as 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)−0.298%−$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
Funding pays, the price is against you. dYdX is 0.028% cheaper against Nado than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day).
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 +$0.42 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 | 0.09879 | 0.0100 | pay 0.0012% / 1h | 21m 14s | $508K | $1.1M | 10x |
| Short | dYdX DOGE-USD | 0.09877 | 0.0439 | get 0.0055% / 1h | 21m 14s | $232K | $74K | 10x |
Nado DOGE-PERP
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $71.11
- Price spread: −0.025% → +0.003%
- −$2.78
- Slippage, 4 orders
- −$123.37
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$72.04
- Costs to cover
- 1.404%
- Break-even
- 14.1 days
Slippage from Nado: live order book, 2 min ago; dYdX: live order book, 13 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, 2 min ago | 1.52 bp | 7.2 bp −$7 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 13 min ago | 24.83 bp | 94.6 bp −$95 | 94.7 bp −$947 | 99.3 bp −$9,930 | 185.8 bp −$92.9K |
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 | 0.09903 | +0.244% | $5.5M | $40.9M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0014% | 8h | 0.09896 | +0.172% | $140.1M | $347.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09909 | +0.305% | $514K | $6.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09898 | +0.187% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.590% | $6K | $242K | 12x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09896 | +0.172% | $250.0M | $155.4M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09887 | +0.084% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09908 | +0.293% | $824K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09871 | −0.081% | $825 | $545K | 10x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09879 | long leg | $508K | $1.1M | 10x |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
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 | 0.09892 | +0.137% | $123.2M | $116.4M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09905 | +0.263% | $4.9M | $59.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09883 | +0.040% | $321K | $481K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09902 | +0.229% | $326.7M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09900 | +0.213% | $166.3M | $524.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09903 | +0.243% | $114.7M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09883 | +0.040% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09784 | −0.960% | $374K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09903 | +0.243% | $116.9M | $264.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09902 | +0.233% | $65.8M | $49.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09901 | +0.223% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09902 | +0.233% | $303K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09791 | −0.890% | $1.0M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09856 | −0.234% | $261K | $139.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09870 | −0.096% | $631K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | −0.091% | $140K | $348K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09880 | +0.012% | $257K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09903 | +0.243% | $71K | $465K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | −0.712% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09907 | +0.286% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09903 | +0.243% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09902 | +0.230% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09902 | +0.233% | $90.5M | $16.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09880 | +0.009% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09901 | +0.219% | $478K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09903 | +0.238% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0184% | 1h | 0.09908 | +0.294% | $555K | $301K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0202% | 1h | 0.09885 | +0.065% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09910 | +0.314% | $2.2M | $34.8M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09904 | +0.253% | $15.6M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09880 | +0.011% | $455 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0227% / S −0.0267% | 1h | 0.09898 | +0.194% | $329K | — | 200x | as long as short |
| dYdX DOGE-USDshort | +0.0439% | 1h | 0.09877 | −0.025% | $232K | $74K | 10x | |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09899 | +0.206% | $398K | $449K | 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-USDC
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
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC