Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against dYdX+0.301%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.301%, 7d avg +0.053%
=Together, before fees−0.208%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.248% dearer against dYdX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09968 | 0 | get 0.0000% / 1h | 34m 47s | $224K | $49K | 10x |
| Short | Lighter DOGE | 0.09998 | 0.0096 | get 0.0012% / 1h | 34m 47s | $793K | $6.1M | 15x |
dYdX DOGE-USD
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: +0.301% → +0.053%
- $24.78
- Slippage, 4 orders
- −$81.66
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.71
- Costs to cover
- 0.917%
- Break-even
- 23.2 days
Slippage from dYdX: live order book, 29 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 dYdX live order book, 29 min ago | 33.36 bp | 40.8 bp −$41 | 123.6 bp −$1,236 | 172.1 bp −$17.2K | 181.7 bp −$90.9K |
| Sell Lighter live order book, 3 min ago | 1.66 bp | 3.9 bp −$4 | 11.2 bp −$112 | 31.2 bp −$3,122 | 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 DOGEUSDT | −0.0092% | 8h | 0.09946 | −0.221% | $150.6M | $273.8M | 75x | as long as short |
| dYdX DOGE-USDlong | 0.0000% | 1h | 0.09968 | long leg | $224K | $49K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09992 | +0.245% | $444K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09993 | +0.249% | $24K | — | 150x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09998 | +0.301% | $793K | $6.1M | 15x | |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09974 | +0.060% | $901 | $437K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09985 | +0.171% | $532K | $993K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09991 | +0.227% | $4.7M | $48.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09975 | +0.073% | $328K | $483K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09972 | +0.044% | $319.2M | $1.44B | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09957 | −0.110% | $160.5M | $441.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09959 | −0.090% | $111.7M | $986.2M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09985 | +0.168% | $383K | $2K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09969 | +0.010% | $243.3M | $132.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09972 | +0.040% | $112.6M | $230.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09987 | +0.191% | $66.1M | $43.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09971 | +0.030% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09992 | +0.241% | $329K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09987 | +0.186% | $981K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09958 | −0.104% | $296K | $129.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09964 | −0.036% | $634K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09960 | −0.080% | $145K | $278K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09983 | +0.148% | $255K | $734K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09997 | +0.291% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09996 | +0.284% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09996 | +0.279% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09999 | +0.311% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09986 | +0.179% | $5.9M | $56.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09997 | +0.291% | $92.0M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09977 | +0.090% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09986 | +0.183% | $524K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09997 | +0.294% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0160% | 1h | 0.09999 | +0.307% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09992 | +0.237% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09988 | +0.196% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1000 | +0.331% | $15.7M | $25.2M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09992 | +0.246% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09993 | +0.248% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.1000 | +0.361% | $2.3M | $26.2M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0306% | 1h | 0.09996 | +0.283% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0449% | 1h | 0.09968 | +0.004% | $121.7M | $99.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09987 | +0.186% | $402K | $365K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09991 | +0.231% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.522% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
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
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP