Funding you earn now, next payment 23:00 UTC+0.0509%/8h= +55.7% APRpaid last 24h −0.001%
Price spread now: Binance against Nado+0.457%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$20as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.657%−$66 · spread now +0.457%, 7d avg +0.011%
=Together, before fees−0.665%+ Points / potential airdropNado: Active · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.446% dearer against Nado than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.011%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.008% in total (about -1.0% a year). A funding rate is set anew for every payment. 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 | 0.09965 | −0.0409 | get 0.0051% / 1h | 59m 11s | $621K | $704K | 10x |
| Short | Binance DOGEUSDT | 0.1001 | 0.0100 | get 0.0100% / 8h | 1h 59m | $316.8M | $1.27B | 75x |
Nado DOGE-PERP
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $106.86
- Price spread: +0.457% → +0.011%
- $44.6
- Slippage, 4 orders
- −$7.81
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $126.65
- Costs to cover
- 0.248%
- Break-even
- from the start
Slippage from Nado: live order book, 24 min ago; Binance: live order book, 15 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, 24 min ago | 0.50 bp | 6.9 bp −$7 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.50 bp | 6.1 bp −$6 | 9.2 bp −$92 | 18.3 bp −$1,829 | 45.1 bp −$22.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERPlong | −0.0409% | 1h | 0.09965 | long leg | $621K | $704K | 10x | |
| Bitget DOGEUSDT | −0.0275% | 8h | 0.09978 | +0.125% | $152.9M | $261.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | +0.493% | $374K | $4.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09983 | +0.174% | $32K | — | 150x | as long as short |
| 01 Exchange DOGEUSD | +0.0008% | 1h | 0.09959 | −0.062% | $526 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0010% | 1h | 0.09988 | +0.229% | $624K | $106K | 25x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09938 | −0.281% | $15K | $216K | 10x | as long as short |
| Gate DOGE_USDT | +0.0082% | 8h | 0.09978 | +0.125% | $238.9M | $119.9M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09953 | −0.125% | $843 | $348K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09986 | +0.208% | $761K | $5.3M | 15x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
Lighter DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.201% | $4.9M | $40.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09933 | −0.324% | $333K | $498K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.1001 | +0.457% | $316.8M | $1.27B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.437% | $160.0M | $401.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | +0.457% | $109.4M | $903.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09962 | −0.035% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.517% | $110.9M | $212.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09968 | +0.025% | $65.5M | $39.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09988 | +0.226% | — | $73.6M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09932 | −0.335% | $939K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09938 | −0.271% | $265K | $112.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09939 | −0.265% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | −0.256% | $144K | $232K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09975 | +0.091% | $272K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09985 | +0.196% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09984 | +0.188% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.391% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09983 | +0.176% | $32K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.455% | $6.0M | $47.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09999 | +0.336% | $92.7M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09939 | −0.265% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09940 | −0.255% | $18K | $5K | 30x | as long as short |
| dYdX DOGE-USD | +0.0102% | 1h | 0.09925 | −0.411% | $223K | $44K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09979 | +0.137% | $550K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09986 | +0.211% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.09979 | +0.140% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09986 | +0.206% | $2.0M | $22.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | +0.457% | $15.3M | $24.1M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09982 | +0.168% | $318K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0256% | 1h | 0.09945 | −0.206% | $525K | $932K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0365% | 1h | 0.09995 | +0.293% | $6.0M | $31.9M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.09962 | −0.035% | $312K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.09950 | −0.156% | $5K | $180K | 12x | as long as short |
| Hyperliquid DOGE | +0.1256% | 1h | 0.09981 | +0.152% | $109.7M | $80.0M | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
dYdX DOGE-USD
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Injective DOGE/USDC PERP
Hyperliquid DOGE