Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against KuCoin−0.015%51s7-day average −0.009% · 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—prices read too far apart to compare

costs, in and out, $10k−$360.361% of the position

Long on KuCoin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.015%, 7d avg −0.009%

Together, before fees+0.130%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09982	0.0100	pay 0.0100% / 8h	1h 51m	$66.4M	$50.1M	75x
Short	Nado DOGE-PERP	0.09981	0.0100	get 0.0012% / 1h	51m 34s	$539K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee NadobpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → −0.009%: −$0.58
Slippage, 4 orders: −$17.06
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$36.64
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Nado: live order book, 2 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 KuCoin live order book, 8 min ago	1.00 bp	9.3 bp −$9	16.5 bp −$165	42.9 bp −$4,290	doesn't fit
Sell Nado live order book, 2 min ago	1.50 bp	9.7 bp −$10	22.4 bp −$224	doesn't fit	doesn't fit

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	−0.0083%	1h	0.09994	+0.118%	$5.7M	$40.4M	50x	as long as short
Polymarket Perps DOGE-USD	−0.0018%	1h	0.09992	+0.096%	$268K	$1.2M	10x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09980	−0.022%	$224K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09994	+0.118%	$595K	$6.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09990	+0.076%	$34K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.490%	$6K	$242K	12x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1001	+0.234%	$18K	$382K	10x	as long as short
Bitget DOGEUSDT	+0.0082%	8h	0.09990	+0.080%	$142.5M	$344.1M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.09994	+0.118%	$853K	$6.8M	15x	as long as short
Nado DOGE-PERPshort	+0.0100%	1h	0.09981	−0.015%	$539K	$1.1M	10x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09991	+0.088%	$4.6M	$58.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09987	+0.048%	$320K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09991	+0.088%	$328.2M	$1.71B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09999	+0.170%	$165.5M	$520.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09998	+0.160%	$117.0M	$1.20B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09990	+0.080%	$384K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09982	0.000%	$250.3M	$153.8M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09986	+0.040%	$110.5M	$257.2M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09982	long leg	$66.4M	$50.1M	75x
BingX DOGE-USDC	+0.0100%	8h	0.09983	+0.010%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09990	+0.080%	$321K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09992	+0.098%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09994	+0.121%	$303K	$140.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09988	+0.058%	$639K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	−0.020%	$150K	$337K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09994	+0.120%	$66K	$467K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09992	+0.099%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09994	+0.117%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09994	+0.120%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09988	+0.063%	$5.9M	$68.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09993	+0.110%	$91.8M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09981	−0.008%	$18K	$5K	30x	as long as short
Hyperliquid DOGE	+0.0102%	1h	0.09990	+0.077%	$123.8M	$116.2M	10x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09983	+0.008%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09992	+0.100%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0110%	8h	0.09986	+0.040%	$834	$530K	10x	as long as short
Reya DOGERUSDPERP	+0.0196%	1h	0.09996	+0.138%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09985	+0.030%	$16.3M	$27.0M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09987	+0.050%	$2.0M	$34.5M	50x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.09993	+0.113%	$444	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0294%	1h	0.09989	+0.065%	$315K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0321%	1h	0.09997	+0.147%	$574K	$252K	25x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.09987	+0.050%	$27K	$300K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.09994	+0.120%	$402K	$456K	10x	as long as short