DODO funding rates and arbitrage

DODO perpetuals trade on 3 contracts across 3 venues, forming 3 cross-venue arbitrage pairs. By net APR the current best pair is long KuCoin against short LBank, netting +16.86%, with both legs settling on the same cadenceใ€‚

DODO perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
LBankDODOUSDTUSDT4h0.0127%+27.81%+27.49%$3.1M0.02137
MEXCDODO_USDTUSDT4h0.0122%+26.72%+29.56%$179K0.02138
KuCoinDODOUSDTMUSDT4h0.0050%+10.95%+10.95%$22K0.02136

DODO cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
KuCoin USDTLBank USDT+16.86%0.0462%+16.54%4h matched$22K
KuCoin USDTMEXC USDT+15.77%0.0432%+18.61%4h matched$22K
MEXC USDTLBank USDT+1.10%0.0030%-2.06%4h matched$179K

DODO project profile

Key facts
Total
1.00B
Max supply
1.00B
Type
Token
Market cap rank
#813
Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)BNB Chain EcosystemBinance LaunchpoolPolygon EcosystemNear Protocol EcosystemArbitrum Ecosystem
Contract addresses
ethereum0x43dfc4159d86f3a37a5a4b3d4580b888ad7d4ddd
near43dfc4159d86f3a37a5a4b3d4580b888ad7d4ddd.factory.bridge.near
aurora0xe301ed8c7630c9678c39e4e45193d1e7dfb914f7
energi0x4fec4e046e6b8de5d22785c3fbdb104f14f5a306
polygon0xe4bf2864ebec7b7fdf6eeca9bacae7cdfdaffe78
binance0x67ee3cb086f8a16f34bee3ca72fad36f7db929e2
1 more chains
arbitrum0x69eb4fa4a2fbd498c257c57ea8b7655a2559a581
About

DODO is a Decentralized Exchange (DEX) running on Ethereum and Binance Smart Chain. Developed by the DODO team, Proactive Market Maker (PMM) is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity. Traders get lower slippage with PMM than Automated Market Maker (AMM). PMM leverages price oracles to retrieve accurate market prices of assets as input. It then aims to provide sufficient liquidity near the market price for every asset. The result is that liquidity decreases rapidly when far away from the market price. The following graphs compare the price curves of DODO (PMM) and Uniswap (AMM).

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 17:53 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.