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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment $0.08 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Nado−0.034%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.034%, 7d avg −0.003%
Together, before fees−0.026%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.031% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado DOGE-PERP0.099070.0100pay 0.0012% / 1h12m 06s$536K$1.1M10x
ShortPolymarket Perps DOGE-USD0.099030.0034get 0.0004% / 1h12m 06s$258K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$13.78
Price spread: −0.034% → −0.003%
−$3.12
Slippage, 4 orders
−$14.94
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$46.84
Costs to cover
0.299%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; Polymarket Perps: live order book, 1 min ago.

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, 1 min ago1.01 bp8.0 bp −$817.9 bp −$179doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.53 bp6.5 bp −$76.7 bp −$67doesn't fitdoesn't fit

DOGE on 44 venues

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−0.0060%1h0.09903−0.038%$5.5M$40.8M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09908+0.018%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09905−0.016%$35K150xas long as short
Bitget DOGEUSDT+0.0002%8h0.09895−0.116%$140.3M$347.8M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.294%$6K$242K12xas long as short
Polymarket Perps DOGE-USDshort+0.0034%1h0.09903−0.034%$258K$1.2M10x
dYdX DOGE-USD+0.0044%1h0.09909+0.021%$223K$63K10xas long as short
Lighter DOGE+0.0096%1h0.09910+0.040%$827K$6.9M15xas long as short
Nado DOGE-PERPlong+0.0100%1h0.09907long leg$536K$1.1M10x
Hyperliquid DOGE+0.0100%1h0.09909+0.021%$123.4M$117.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09903−0.031%$4.9M$59.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09910+0.040%$322K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09903−0.038%$327.0M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09896−0.106%$163.5M$526.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09901−0.056%$114.9M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09907+0.005%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09918+0.120%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09899−0.076%$249.5M$158.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09901−0.056%$117.1M$259.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09903−0.035%$66.0M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09900−0.066%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09901−0.056%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09901−0.056%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09902−0.049%$300K$140.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09898−0.085%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.035%$142K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09903−0.035%$71K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09899−0.074%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09915+0.089%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09903−0.035%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09902−0.048%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09902−0.045%$90.6M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09908+0.010%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09896−0.105%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903−0.030%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09904−0.025%$827$542K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0134%1h0.09906−0.005%$569K$260K25xas long as short
Phoenix DOGE+0.0160%1h0.09911+0.043%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09907+0.005%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09913+0.066%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09910+0.035%$15.4M$26.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0242% / S −0.0270%1h0.09904−0.026%$294K200xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09913+0.068%$441$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09914+0.074%$399K$461K10xas long as short