Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Extended+0.038%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.038%, 7d avg +0.093%
=Together, before fees+0.065%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.055% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOGE-USD | 0.09837 | 0.0104 | pay 0.0013% / 1h | 31m 38s | $548K | $3.6M | 50x |
| Short | Lighter DOGE | 0.09841 | 0.0096 | get 0.0012% / 1h | 31m 38s | $780K | $5.1M | 15x |
Extended DOGE-USD
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.038% → +0.093%
- −$5.47
- Slippage, 4 orders
- −$12.55
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.7
- Costs to cover
- 0.176%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Lighter: live order book, 6 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 Extended live order book, 2 min ago | 0.51 bp | 4.7 bp −$5 | 6.4 bp −$64 | 13.7 bp −$1,365 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.01 bp | 5.1 bp −$5 | 13.2 bp −$132 | 35.4 bp −$3,540 | 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 | −0.0279% | 8h | 0.09833 | −0.045% | $151.3M | $260.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09838 | +0.007% | $358K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09836 | −0.016% | $615K | $99K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09837 | 0.000% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09835 | −0.025% | $234.0M | $119.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09849 | +0.115% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0080% | 1h | 0.09838 | +0.001% | $221K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09838 | +0.006% | $822 | $335K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09841 | +0.038% | $780K | $5.1M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09842 | +0.047% | $625K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
dYdX DOGE-USD
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 | 0.09841 | +0.039% | $4.9M | $40.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09839 | +0.016% | $334K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09842 | +0.047% | $312.2M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09837 | −0.004% | $155.9M | $397.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09845 | +0.077% | $107.4M | $880.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09849 | +0.118% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.828% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09841 | +0.036% | $117.8M | $214.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09842 | +0.047% | $64.6M | $39.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09842 | +0.047% | — | $73.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09842 | +0.048% | $917K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09864 | +0.266% | $262K | $111.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | +0.301% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | +0.230% | $140K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09839 | +0.020% | $270K | $531K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09835 | −0.025% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09832 | −0.058% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09844 | +0.068% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09834 | −0.035% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09842 | +0.052% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09836 | −0.014% | $91.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09838 | +0.007% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09837 | long leg | $548K | $3.6M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09834 | −0.035% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09842 | +0.046% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09845 | +0.079% | $520 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0212% | 1h | 0.09841 | +0.036% | $520K | $933K | 15x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09832 | −0.055% | $15.1M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09847 | +0.097% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09837 | −0.008% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0291% | 1h | 0.09830 | −0.075% | $5.9M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0437% | 1h | 0.09846 | +0.089% | $109.0M | $78.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09853 | +0.158% | $308K | $470K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.433% | $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
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP