Start by preheating your grill to medium-high heat. This ensures that you'll get a nice char on your hot dogs and buns, adding flavor and texture.
Place the hot dogs directly over the flame. Grill them until the casings are nicely charred but still juicy—this usually takes several minutes on each side.
In a medium bowl, whisk together the sriracha, honey, smoked paprika, and fresh lime juice. This sauce becomes your secret weapon for flavor!
During the last moments of grilling, brush the hot dogs liberally with the firecracker sauce. This will allow the flavors to soak in and create a delightful glaze.
For added texture, grill the buns cut side down until they're toasted to your liking—this usually just takes a minute or so.
Place the cheese slices inside the buns right before removing them from the grill. Allow the residual heat to melt the cheese just until gooey.
Fill the buns with the hot dogs, adding jalapeños and charred red onions on top. Finish with a drizzle of the sriracha-honey sauce and a sprinkle of cilantro for that fresh touch.