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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Nado against BloFin+0.244%103s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.099%−$10 on $10k
Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.244%, 7d avg −0.031%
Together, before fees−0.339%+ Points / potential airdropNado: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.275% dearer against BloFin than usual: you sell high and buy low (spread +0.244% now, against its 7-day average of −0.031%): +$27 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.6 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.10030.0220pay 0.0220% / 8h1h 45m$15.2M$24.2M75x
ShortNado DOGE-PERP0.10060.0100get 0.0012% / 1h45m 26s$703K$770K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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: +0.244% → −0.031%
$27.5
Slippage, 4 orders
−$11.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$27.77
Costs to cover
0.301%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Nado: live order book, 38 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 BloFin live order book, 4 min ago1.99 bp8.8 bp −$99.3 bp −$9318.9 bp −$1,89036.9 bp −$18.4K
Sell Nado live order book, 38 min ago0.50 bp6.4 bp −$618.1 bp −$181doesn'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−0.0273%8h0.1005+0.189%$153.7M$262.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.047%$378K$4.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1005+0.202%$32K150xas long as short
dYdX DOGE-USD+0.0016%1h0.1005+0.143%$226K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0078%1h0.1006+0.282%$629K$105K25xas long as short
Phoenix DOGE+0.0081%1h0.1005+0.139%$15K$222K10xas long as short
Gate DOGE_USDT+0.0094%8h0.1006+0.219%$242.0M$121.1M75xas long as short
Lighter DOGE+0.0096%1h0.1006+0.265%$787K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1006+0.289%$1K$355K10xas long as short
Nado DOGE-PERPshort+0.0100%1h0.1006+0.244%$703K$770K10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1006+0.279%$5.0M$41.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1006+0.264%$337K$497K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1006+0.229%$320.1M$1.28B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1006+0.269%$162.3M$405.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1006+0.279%$109.7M$912.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1007+0.349%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.030%$384K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1006+0.289%$109.7M$214.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1006+0.259%$66.0M$39.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1006+0.219%$73.8Mas long as short
Variational Omni DOGE+0.0100%8h0.1003+0.015%$934K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005+0.145%$279K$113.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1004+0.030%$632K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1005+0.169%$146K$239K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006+0.229%$273K$532K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006+0.289%$72K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+0.252%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1006+0.311%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004+0.100%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004+0.042%$6.0M$48.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004+0.090%$93.1M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1006+0.285%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1006+0.266%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.294%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1006+0.255%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1007+0.354%$532$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1004+0.060%$2.0M$22.9M50xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.1003long leg$15.2M$24.2M75x
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.1006+0.222%$312K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1004+0.086%$6.0M$32.0M50xas long as short
Backpack DOGE_USDC_PERP+0.0368%1h0.1004+0.110%$530K$934K15xas long as short
Hyperliquid DOGE+0.0418%1h0.1007+0.374%$110.8M$81.1M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1007+0.363%$316K$473K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1007+0.369%$5K$207K12xas long as short