Funding you earn now, next payment 06:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.037%
Price spread now: Lighter against BloFin−0.013%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.013%, 7d avg +0.027%
=Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOGE-USDT | 0.09918 | 0.0220 | pay 0.0220% / 8h | 2h 36m | $16.0M | $26.8M | 75x |
| Short | Lighter DOGE | 0.09917 | 0.0096 | get 0.0012% / 1h | 36m 34s | $725K | $6.5M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$26.04
- Price spread: −0.013% → +0.027%
- −$4.05
- Slippage, 4 orders
- −$19.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$61.87
- Costs to cover
- 0.318%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 7 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 BloFin live order book, 2 min ago | 1.01 bp | 7.0 bp −$7 | 8.9 bp −$89 | 16.5 bp −$1,646 | 37.8 bp −$18.9K |
| Sell Lighter live order book, 7 min ago | 1.51 bp | 7.7 bp −$8 | 13.1 bp −$131 | 30.6 bp −$3,059 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09911 | −0.070% | $640K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09904 | −0.138% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09918 | 0.000% | $5.6M | $39.9M | 50x | as long as short |
| dYdX DOGE-USD | +0.0002% | 1h | 0.09905 | −0.127% | $222K | $70K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0026% | 1h | 0.09901 | −0.173% | $267K | $1.2M | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09917 | −0.013% | $725K | $6.5M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09901 | −0.171% | $536K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09909 | −0.088% | $4.4M | $56.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09911 | −0.071% | $317K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09909 | −0.088% | $322.8M | $1.67B | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.121% | $162.6M | $515.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09904 | −0.141% | $115.0M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09945 | +0.275% | $382K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09904 | −0.141% | $246.5M | $150.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09909 | −0.091% | $111.3M | $251.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09912 | −0.060% | $65.7M | $49.3M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09899 | −0.192% | $131.8M | $330.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09906 | −0.121% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09915 | −0.030% | $298K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09920 | +0.020% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09918 | −0.004% | $295K | $138.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09917 | −0.012% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.081% | $147K | $339K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09911 | −0.071% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09908 | −0.106% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09910 | −0.083% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09919 | +0.010% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09911 | −0.072% | $5.9M | $67.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09916 | −0.020% | $91.2M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09907 | −0.112% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09905 | −0.132% | $478K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09911 | −0.067% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0113% | 8h | 0.09901 | −0.171% | $2K | $524K | 10x | as long as short |
| Hyperliquid DOGE | +0.0118% | 1h | 0.09907 | −0.108% | $123.4M | $114.6M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09912 | −0.058% | $441 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09899 | −0.188% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09918 | long leg | $16.0M | $26.8M | 75x | |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09919 | +0.010% | $107K | $207K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0234% | 1h | 0.09918 | −0.003% | $563K | $247K | 25x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09920 | +0.015% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0285% | 1h | 0.09901 | −0.168% | $318K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09917 | −0.010% | $2.0M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09913 | −0.048% | $399K | $442K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.171% | $6K | $242K | 12x | as long as short |
BloFin DOGE-USDT
Lighter DOGE
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
Hyperliquid DOGE
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP