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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.098280.0100pay 0.0012% / 1h48m 06s$508K$1.1M10x
ShortGMX DOGE/USD [ETH-USDC]0.09828L +0.0211% / S −0.0184%get 0.0023% / 1h48m 06s$285K200x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago0.51 bp7.0 bp −$717.5 bp −$175doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0140%1h0.09831+0.033%$5.3M$39.5M50xas long as short
Bitget DOGEUSDT−0.0041%8h0.09824−0.036%$139.0M$305.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09828+0.003%$523K$6.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09832+0.051%$550K$292K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09825−0.027%$33K150xas long as short
Bybit DOGEUSDT+0.0016%8h0.09827−0.005%$165.7M$493.1M75xas long as short
Gate DOGE_USDT+0.0028%8h0.09828+0.005%$251.6M$144.3M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.148%$6K$240K12xas long as short
Phoenix DOGE+0.0081%1h0.09839+0.120%$18K$311K10xas long as short
Lighter DOGE+0.0096%1h0.09837+0.098%$818K$6.4M15xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USD+0.0100%8h0.09828+0.005%$942$539K10xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09828long leg$508K$1.1M10x
Aster DOGEUSDT+0.0100%8h0.09831+0.036%$4.9M$57.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09831+0.034%$313K$436K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09831+0.036%$325.4M$1.59B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09834+0.066%$118.3M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09830+0.025%$16K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09860+0.331%$376K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09832+0.046%$113.1M$247.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09830+0.025%$65.0M$45.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09827−0.005%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09830+0.025%$306K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09820−0.076%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09825−0.030%$264K$132.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09845+0.179%$620K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830+0.025%$138K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09821−0.070%$236K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09830+0.025%$68K$414K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09833+0.054%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09831+0.036%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09838+0.104%$5.9M$64.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09832+0.046%$89.8M$15.6M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09826−0.015%$18K$5K30xas long as short
Hyperliquid DOGE+0.0104%1h0.09839+0.122%$122.1M$108.0M10xas long as short
Extended DOGE-USD+0.0104%1h0.09825−0.028%$483K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09829+0.013%$19K3xas long as short
01 Exchange DOGEUSD+0.0136%1h0.09827−0.004%$452$4K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09823−0.046%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]shortL +0.0211% / S −0.0184%1h0.09828+0.010%$285K200x
BloFin DOGE-USDT+0.0220%8h0.09841+0.137%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09834+0.066%$2.2M$32.9M50xas long as short
dYdX DOGE-USD+0.0374%1h0.09831+0.034%$231K$75K10xas long as short
RISEx DOGE/USDC+0.0587%1h0.09831+0.032%$408K$402K10xas long as short