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: Nado against Polymarket Perps+0.042%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.301% 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)+0.016%+$2 · spread now +0.042%, 7d avg +0.003%
Together, before fees+0.018%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.039% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.099020.0034pay 0.0004% / 1h13m 00s$257K$1.2M10x
ShortNado DOGE-PERP0.099060.0100get 0.0012% / 1h13m 00s$536K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. 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
$13.84
Price spread: +0.042% → +0.003%
$3.93
Slippage, 4 orders
−$15.13
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$12.36
Costs to cover
0.301%
Break-even
13.2 days
Slippage from Polymarket Perps: live order book, 5 min ago; Nado: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago3.03 bp8.0 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell Nado live order book, just now1.01 bp7.1 bp −$718.1 bp −$181doesn'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%1h0.09910+0.083%$5.5M$40.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09908+0.060%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09907+0.053%$35K150xas long as short
Bitget DOGEUSDT+0.0003%8h0.09902+0.002%$140.4M$347.9M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.344%$6K$242K12xas long as short
Polymarket Perps DOGE-USDlong+0.0034%1h0.09902long leg$257K$1.2M10x
dYdX DOGE-USD+0.0045%1h0.09903+0.013%$222K$63K10xas long as short
Lighter DOGE+0.0096%1h0.09917+0.157%$827K$6.9M15xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09906+0.042%$536K$1.1M10x
Hyperliquid DOGE+0.0100%1h0.09911+0.098%$123.5M$117.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09907+0.054%$5.0M$59.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09903+0.009%$321K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09909+0.073%$327.2M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09903+0.012%$163.7M$526.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09907+0.053%$115.0M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09906+0.042%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09918+0.167%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09902+0.002%$249.6M$158.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09907+0.053%$117.1M$259.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09909+0.073%$66.1M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09901−0.008%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09905+0.032%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09901−0.008%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09902−0.002%$300K$140.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09898−0.037%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.083%$142K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09909+0.073%$71K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09907+0.049%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09908+0.066%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09911+0.093%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09906+0.041%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09908+0.063%$90.6M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09901−0.012%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09904+0.023%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09909+0.069%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09907+0.053%$828$542K10xas long as short
Phoenix DOGE+0.0160%1h0.09911+0.091%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0164%1h0.09914+0.119%$569K$260K25xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09905+0.033%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09913+0.113%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09910+0.083%$15.4M$26.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0235%1h0.09897−0.046%$281K200xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09914+0.119%$441$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09913+0.111%$399K$461K10xas long as short