Funding you earn now, next payment 22:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.112%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.112%, 7d avg +0.079%
=Together, before fees+0.069%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.034% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOGEUSDT | 0.09881 | −0.0278 | get 0.0278% / 8h | 2h 49m | $151.6M | $259.7M | 75x |
| Short | Lighter DOGE | 0.09892 | 0.0096 | get 0.0012% / 1h | 49m 51s | $797K | $5.0M | 15x |
Bitget DOGEUSDT
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $78.54
- Price spread: +0.112% → +0.079%
- $3.37
- Slippage, 4 orders
- −$15.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $54.56
- Costs to cover
- 0.274%
- Break-even
- 2.1 days
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 0.50 bp | 8.6 bp −$9 | 10.1 bp −$101 | 26.8 bp −$2,681 | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.01 bp | 6.8 bp −$7 | 11.1 bp −$111 | 27.3 bp −$2,732 | doesn't fit |
DOGE on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDTlong | −0.0278% | 8h | 0.09881 | long leg | $151.6M | $259.7M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09889 | +0.077% | $337K | $4.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09894 | +0.132% | $618K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09888 | +0.070% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0062% | 8h | 0.09885 | +0.040% | $235.0M | $118.2M | 75x | as long as short |
| dYdX DOGE-USD | +0.0065% | 1h | 0.09891 | +0.101% | $222K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09967 | +0.868% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09885 | +0.040% | $2K | $335K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09892 | +0.112% | $797K | $5.0M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09889 | +0.081% | $628K | $694K | 10x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
dYdX DOGE-USD
Phoenix DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09890 | +0.088% | $4.8M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09892 | +0.107% | $339K | $524K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09890 | +0.091% | $317.2M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09890 | +0.091% | $154.4M | $393.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09893 | +0.121% | $107.6M | $884.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09891 | +0.101% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09895 | +0.142% | $379K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09891 | +0.101% | $111.0M | $201.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09890 | +0.091% | $65.3M | $38.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09889 | +0.081% | — | $73.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09879 | −0.025% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09950 | +0.701% | $264K | $110.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09992 | +1.127% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.698% | $142K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09893 | +0.122% | $275K | $546K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09889 | +0.081% | $72K | $363K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09888 | +0.069% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09894 | +0.135% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09889 | +0.081% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09896 | +0.157% | $6.0M | $46.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09889 | +0.081% | $91.8M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09888 | +0.067% | $19K | $3K | 30x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0102% | 1h | 0.09894 | +0.132% | $526K | $857K | 15x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09894 | +0.134% | $543K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09890 | +0.092% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09891 | +0.103% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09882 | +0.010% | $15.3M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09893 | +0.121% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09887 | +0.062% | $305K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09890 | +0.093% | $6.8M | $30.3M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0432% | 1h | 0.09885 | +0.045% | $522 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09892 | +0.111% | $311K | $469K | 10x | as long as short |
| Hyperliquid DOGE | +0.0571% | 1h | 0.09899 | +0.182% | $111.4M | $76.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09930 | +0.496% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Backpack DOGE_USDC_PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP