Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against Nado+0.005%7-day average −0.016% · 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−$33as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 3 days (all we have)−0.102%−$10 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.005%, 7d avg −0.016%
=Together, before fees−0.051%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.021% dearer against Nado than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.016%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DOGE-PERP | 0.09896 | 0.0100 | pay 0.0012% / 1h | 24m 41s | $536K | $1.1M | 10x |
| Short | Kalshi KXDOGEPERP | 0.09897 | 0 | get 0.0000% / 8h | 6h 24m | $596K | $6.5M | 2.8x |
Nado DOGE-PERP
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$21
- Price spread: +0.005% → −0.016%
- $2.15
- Slippage, 4 orders
- −$18.37
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$54.22
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Kalshi: live order book, 4 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, 4 min ago | 0.51 bp | 8.1 bp −$8 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 4.26 bp | 10.0 bp −$10 | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09897 | +0.005% | $596K | $6.5M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09909 | +0.130% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09909 | +0.122% | $5.6M | $39.8M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0035% | 1h | 0.09900 | +0.037% | $267K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0039% | 1h | 0.09894 | −0.029% | $222K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09905 | +0.082% | $845K | $6.8M | 15x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09896 | long leg | $536K | $1.1M | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09899 | +0.023% | $4.4M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09900 | +0.032% | $317K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09899 | +0.029% | $323.2M | $1.68B | 75x | as long as short |
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09899 | +0.025% | $162.6M | $516.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09903 | +0.066% | $114.6M | $1.17B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | +0.035% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09887 | −0.096% | $244.8M | $152.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09903 | +0.066% | $109.5M | $254.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09895 | −0.015% | $65.5M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09898 | +0.015% | $133.0M | $333.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09900 | +0.035% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09897 | +0.005% | $295K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09866 | −0.309% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09861 | −0.359% | $302K | $138.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09890 | −0.066% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.369% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09911 | +0.147% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09908 | +0.114% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09911 | +0.146% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09909 | +0.126% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09902 | +0.058% | $5.9M | $68.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09903 | +0.066% | $91.0M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09903 | +0.065% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09885 | −0.118% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09907 | +0.111% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0107% | 1h | 0.09902 | +0.056% | $123.2M | $115.0M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09895 | −0.015% | $827 | $524K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09903 | +0.064% | $440 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09904 | +0.079% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09907 | +0.106% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09899 | +0.025% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09861 | −0.358% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0286% | 1h | 0.09909 | +0.127% | $316K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09913 | +0.167% | $1.9M | $33.9M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0325% | 1h | 0.09913 | +0.162% | $563K | $247K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09905 | +0.086% | $399K | $443K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.401% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC
Injective DOGE/USDC PERP