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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h 0.000%
Price spread now: Nado against Katana Perps−0.040%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.722%+$72 · spread now −0.040%, 7d avg +0.003%
Together, before fees+0.757%+ Points / potential airdropNado: Active · farm board+$76 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.043% cheaper against Katana Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099440.0107pay 0.0107% / 8h51m 40s$831$537K10x
ShortNado DOGE-PERP0.099400.0100get 0.0012% / 1h51m 40s$536K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Katana Perps. 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
−$1.49
Price spread: −0.040% → +0.003%
−$4.32
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$16.62
Costs to cover
0.108%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Katana Perps no order-book sample
Sell Nado live order book, 2 min ago1.01 bp7.7 bp −$819.8 bp −$198doesn't fitdoesn't fit
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0060%1h0.09954+0.097%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09943−0.010%$223K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09950+0.059%$609K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09942−0.024%$35K150xas long as short
Bitget DOGEUSDT+0.0030%8h0.09956+0.121%$141.1M$345.0M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.893%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0044%1h0.09942−0.020%$259K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09973+0.289%$841K$6.8M15xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09940−0.040%$536K$1.1M10x
Hyperliquid DOGE+0.0100%1h0.09971+0.269%$124.0M$117.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09958+0.143%$4.5M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09959+0.151%$318K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09957+0.135%$328.9M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09953+0.091%$164.2M$522.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09956+0.121%$116.2M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09941−0.030%$17K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09979+0.354%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09962+0.181%$249.6M$155.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09967+0.231%$111.9M$257.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09967+0.231%$66.5M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09964+0.201%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09959+0.151%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09950+0.057%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09979+0.347%$304K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09970+0.262%$628K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09970+0.261%$145K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099440.000%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09945+0.007%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09956+0.120%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952+0.080%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09943−0.011%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09958+0.141%$91.2M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09936−0.082%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09965+0.215%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09949+0.047%$19K3xas long as short
Katana Perps DOGE-USDlong+0.0107%8h0.09944long leg$831$537K10x
Phoenix DOGE+0.0160%1h0.09959+0.155%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0162%1h0.09952+0.081%$571K$252K25xas long as short
Reya DOGERUSDPERP+0.0199%1h0.09942−0.023%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09949+0.050%$1.9M$34.6M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09943−0.010%$15.5M$26.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09941−0.034%$313K200xas long as short
01 Exchange DOGEUSD+0.0288%1h0.09953+0.088%$443$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09949+0.051%$400K$458K10xas long as short