Funding you earn now, next payment 11:00 UTC−0.0240%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h +0.006%
Price spread now: Kraken Futures against Nado+0.046%7-day average +0.031% · 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−$29as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 4 days (all we have)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.046%, 7d avg +0.031%
=Together, before fees−0.022%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.006% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.30 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| 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 | 46m 23s | $508K | $1.1M | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.09833 | −0.0140 | pay 0.0017% / 1h | 46m 23s | $5.3M | $39.1M | 50x |
Nado DOGE-PERP
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$50.31
- Price spread: +0.046% → +0.031%
- $1.5
- Slippage, 4 orders
- −$13.33
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$79.15
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from Nado: live order book, 5 min ago; Kraken Futures: live order book, 6 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, 5 min ago | 0.51 bp | 7.0 bp −$7 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 1.53 bp | 8.2 bp −$8 | 11.6 bp −$116 | 24.9 bp −$2,490 | 247.8 bp −$123.9K |
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_DOGEUSDshort | −0.0140% | 1h | 0.09833 | +0.046% | $5.3M | $39.1M | 50x | |
| Bitget DOGEUSDT | −0.0042% | 8h | 0.09824 | −0.046% | $139.0M | $295.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09837 | +0.082% | $524K | $6.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09834 | +0.054% | $550K | $292K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09826 | −0.028% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0016% | 8h | 0.09827 | −0.015% | $165.7M | $491.3M | 75x | as long as short |
| Gate DOGE_USDT | +0.0032% | 8h | 0.09829 | +0.005% | $251.7M | $144.4M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.137% | $6K | $240K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09839 | +0.110% | $18K | $311K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09838 | +0.097% | $818K | $6.4M | 15x | as long as short |
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 DOGEShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09833 | +0.046% | $942 | $538K | 10x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09828 | long leg | $508K | $1.1M | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09833 | +0.045% | $4.9M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09832 | +0.040% | $313K | $436K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09832 | +0.037% | $325.4M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09833 | +0.046% | $118.5M | $1.10B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09835 | +0.066% | $16K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09832 | +0.031% | $375K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09832 | +0.036% | $113.3M | $247.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09832 | +0.036% | $65.0M | $45.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09828 | −0.005% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09830 | +0.015% | $306K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09820 | −0.087% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09825 | −0.040% | $264K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09835 | +0.070% | $619K | $3.8M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09830 | +0.015% | $138K | $344K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09827 | −0.011% | $236K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09831 | +0.025% | $68K | $413K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09834 | +0.054% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09832 | +0.036% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09836 | +0.075% | $5.9M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09833 | +0.046% | $89.8M | $15.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09829 | +0.005% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09826 | −0.028% | $483K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09830 | +0.011% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0105% | 1h | 0.09840 | +0.119% | $122.1M | $108.0M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0136% | 1h | 0.09835 | +0.069% | $453 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0207% | 1h | 0.09827 | −0.011% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0184% | 1h | 0.09830 | +0.015% | $285K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09825 | −0.036% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09837 | +0.086% | $2.2M | $32.8M | 50x | as long as short |
| dYdX DOGE-USD | +0.0374% | 1h | 0.09831 | +0.024% | $231K | $75K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09836 | +0.081% | $408K | $401K | 10x | as long as short |
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
01 Exchange DOGEUSD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD
RISEx DOGE/USDC