Funding you earn now, next payment 11:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.054%
Price spread now: GMX against Nado+0.010%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.010%, 7d avg +0.037%
=Together, before fees+0.247%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.026% cheaper against Nado than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DOGE-PERP | 0.09828 | 0.0100 | pay 0.0012% / 1h | 48m 06s | $508K | $1.1M | 10x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09828 | L +0.0211% / S −0.0184% | get 0.0023% / 1h | 48m 06s | $285K | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $17.62
- Price spread: +0.010% → +0.037%
- −$2.64
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$4.02
- Costs to cover
- 0.190%
- Break-even
- 8.6 days
Slippage unknown: Nado: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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, 3 min ago | 0.51 bp | 7.0 bp −$7 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 43 exchanges
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 | −0.0140% | 1h | 0.09831 | +0.033% | $5.3M | $39.5M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0041% | 8h | 0.09824 | −0.036% | $139.0M | $305.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09828 | +0.003% | $523K | $6.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09832 | +0.051% | $550K | $292K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09825 | −0.027% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0016% | 8h | 0.09827 | −0.005% | $165.7M | $493.1M | 75x | as long as short |
| Gate DOGE_USDT | +0.0028% | 8h | 0.09828 | +0.005% | $251.6M | $144.3M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.148% | $6K | $240K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09839 | +0.120% | $18K | $311K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09837 | +0.098% | $818K | $6.4M | 15x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09828 | +0.005% | $942 | $539K | 10x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09828 | long leg | $508K | $1.1M | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09831 | +0.036% | $4.9M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09831 | +0.034% | $313K | $436K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09831 | +0.036% | $325.4M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09834 | +0.066% | $118.3M | $1.10B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09830 | +0.025% | $16K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09860 | +0.331% | $376K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09832 | +0.046% | $113.1M | $247.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09830 | +0.025% | $65.0M | $45.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09827 | −0.005% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09830 | +0.025% | $306K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09820 | −0.076% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09825 | −0.030% | $264K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09845 | +0.179% | $620K | $3.8M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09830 | +0.025% | $138K | $344K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09821 | −0.070% | $236K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09830 | +0.025% | $68K | $414K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09833 | +0.054% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09831 | +0.036% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09838 | +0.104% | $5.9M | $64.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09832 | +0.046% | $89.8M | $15.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09826 | −0.015% | $18K | $5K | 30x | as long as short |
| Hyperliquid DOGE | +0.0104% | 1h | 0.09839 | +0.122% | $122.1M | $108.0M | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09825 | −0.028% | $483K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09829 | +0.013% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0136% | 1h | 0.09827 | −0.004% | $452 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0206% | 1h | 0.09823 | −0.046% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0211% / S −0.0184% | 1h | 0.09828 | +0.010% | $285K | — | 200x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09841 | +0.137% | $15.5M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09834 | +0.066% | $2.2M | $32.9M | 50x | as long as short |
| dYdX DOGE-USD | +0.0374% | 1h | 0.09831 | +0.034% | $231K | $75K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09831 | +0.032% | $408K | $402K | 10x | as long as short |
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Gate DOGE_USDT
Injective DOGE/USDC PERP
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Extended DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC