Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.006%
Price spread now: Lighter against Gate+0.037%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.037%, 7d avg +0.064%
=Together, before fees+0.080%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.064%). If the spread goes back, that is −$3 on $10k: about 5.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DOGE_USDT | 0.09999 | 0.0079 | pay 0.0079% / 8h | 28m 50s | $241.1M | $127.1M | 75x |
| Short | Lighter DOGE | 0.1000 | 0.0096 | get 0.0012% / 1h | 28m 50s | $791K | $5.5M | 15x |
Gate DOGE_USDT
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $3.57
- Price spread: +0.037% → +0.064%
- −$2.75
- Slippage, 4 orders
- −$19.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.52
- Costs to cover
- 0.343%
- Break-even
- 72.7 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 4 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 Gate live order book, 5 min ago | 0.50 bp | 11.6 bp −$12 | 20.5 bp −$205 | 36.2 bp −$3,621 | 58.8 bp −$29.4K |
| Sell Lighter live order book, 4 min ago | 0.95 bp | 5.3 bp −$5 | 9.3 bp −$93 | 27.2 bp −$2,718 | 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 | −0.0239% | 8h | 0.09990 | −0.090% | $152.2M | $269.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | +0.041% | $414K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09998 | −0.014% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0053% | 1h | 0.09998 | −0.013% | $224K | $44K | 10x | as long as short |
| Gate DOGE_USDTlong | +0.0079% | 8h | 0.09999 | long leg | $241.1M | $127.1M | 75x | |
| Lighter DOGEshort | +0.0096% | 1h | 0.1000 | +0.037% | $791K | $5.5M | 15x | |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09991 | −0.080% | $2K | $390K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09994 | −0.050% | $515K | $974K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.10000 | +0.005% | $4.9M | $45.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | +0.020% | $333K | $510K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09997 | −0.020% | $318.0M | $1.36B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09996 | −0.030% | $157.5M | $430.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09999 | 0.000% | $108.9M | $946.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1000 | +0.030% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.085% | $383K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | +0.030% | $111.7M | $220.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1000 | +0.030% | $65.8M | $41.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09998 | −0.010% | — | $75.7M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.123% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.306% | $275K | $118.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.151% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | +0.310% | $147K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09994 | −0.054% | $257K | $557K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | +0.060% | $73K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.054% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.118% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | +0.060% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09996 | −0.025% | $6.0M | $51.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.020% | $92.5M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09995 | −0.039% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.10000 | +0.006% | $527K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | +0.078% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.1001 | +0.077% | $5.9M | $33.3M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0150% | 1h | 0.1001 | +0.109% | $603K | $117K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.09998 | −0.013% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09996 | −0.030% | $15.4M | $25.3M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09998 | −0.007% | $528 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1004 | +0.362% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1001 | +0.100% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0273% | 1h | 0.09997 | −0.020% | $315K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0364% | 1h | 0.1001 | +0.100% | $535K | $965K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1000 | +0.030% | $313K | $474K | 10x | as long as short |
| Hyperliquid DOGE | +0.0891% | 1h | 0.1001 | +0.090% | $117.5M | $89.1M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1003 | +0.310% | $5K | $239K | 12x | as long as short |
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
Extended DOGE-USD
Aevo DOGE-PERP
Kraken Futures PF_DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP