In a mixing bowl, combine cream cheese, cheddar cheese, diced jalapenos, garlic powder, and onion powder. Mix until well combined.

Set the filling aside.

Preheat the oven to 375°F (190°C).

Unroll the crescent roll dough and separate it into triangles.

Place a small spoonful of the jalapeno filling at the wide end of each triangle, then place a mini hot dog on top.

Roll the dough around the hot dog and filling, starting from the wide end.

Place the wrapped hot dogs on a baking sheet lined with parchment paper.

Bake in the preheated oven for 12-15 minutes or until golden brown.

Remove from the oven and let cool slightly before serving.