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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Kalshi+0.300%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.342%−$34 · spread now +0.300%, 7d avg +0.018%
Together, before fees−0.242%+ Points / potential airdropNado: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.282% dearer against Kalshi than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.099050get 0.0000% / 8h37m 34s$394K$5.2M2.8x
ShortNado DOGE-PERP0.099340.0100get 0.0012% / 1h37m 34s$525K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Kalshi. 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
$21
Price spread: +0.300% → +0.018%
$28.23
Slippage, 4 orders
−$24.44
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$7.79
Costs to cover
0.414%
Break-even
4.4 days
Slippage from Kalshi: live order book, 1 min ago; Nado: live order book, 1 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 Kalshi live order book, 1 min ago4.43 bp11.3 bp −$1117.9 bp −$179doesn't fitdoesn't fit
Sell Nado live order book, 1 min ago1.01 bp7.7 bp −$818.5 bp −$185doesn'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−0.0054%8h0.09912+0.073%$149.9M$275.4M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09923+0.187%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.09905long leg$394K$5.2M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09926+0.215%$23K150xas long as short
dYdX DOGE-USD+0.0027%1h0.09916+0.116%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0069%1h0.09924+0.193%$258K$855K10xas long as short
Lighter DOGE+0.0096%1h0.09926+0.211%$729K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09913+0.083%$2K$450K10xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09934+0.300%$525K$1.0M10x
Aster DOGEUSDT+0.0100%8h0.09921+0.164%$4.6M$49.2M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09924+0.192%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09923+0.187%$317.4M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09920+0.153%$161.1M$443.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09920+0.153%$111.5M$994.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.200%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09917+0.123%$244.7M$133.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09919+0.143%$111.1M$234.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09922+0.174%$65.6M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09920+0.153%$76.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09919+0.143%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09927+0.221%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09907+0.026%$295K$129.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09930+0.253%$625K$4.3M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.254%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09930+0.254%$70K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09927+0.226%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09929+0.247%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09924+0.194%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09920+0.153%$5.9M$57.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09916+0.113%$91.1M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09924+0.193%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09918+0.128%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09932+0.270%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0113%1h0.09932+0.272%$594K$118K25xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09930+0.252%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09930+0.250%$529$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09897−0.079%$15.4M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09909+0.045%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09925+0.205%$311K200xas long as short
Hyperliquid DOGE+0.0267%1h0.09928+0.238%$120.8M$100.4M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09932+0.275%$2.3M$26.8M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09934+0.295%$108K$191K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09928+0.234%$401K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09960+0.557%$5K$239K12xas long as short