Funding you earn now, next payment 09:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.042%
Price spread now: Lighter against GMX+0.011%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.011%, 7d avg +0.022%
=Together, before fees−0.141%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09902 | L +0.0285% / S −0.0425% | pay 0.0036% / 1h | 56m 49s | $397K | — | 200x |
| Short | Lighter DOGE | 0.09903 | 0.0096 | get 0.0012% / 1h | 56m 49s | $826K | $6.8M | 15x |
GMX DOGE/USD [ETH-USDC]
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$39.79
- Price spread: +0.011% → +0.022%
- −$1.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$52.92
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 3.68 bp | 5.8 bp −$6 | 13.9 bp −$139 | 36.8 bp −$3,683 | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0299% | 8h | 0.09905 | +0.026% | $90.6M | $16.7M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0096% | 1h | 0.09903 | +0.006% | $5.6M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0006% | 8h | 0.09893 | −0.095% | $140.4M | $348.0M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09894 | −0.085% | $222K | $63K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09892 | −0.100% | $580K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09903 | +0.007% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.338% | $6K | $242K | 12x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0053% | 1h | 0.09904 | +0.015% | $555K | $282K | 25x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09903 | +0.011% | $826K | $6.8M | 15x | |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09895 | −0.075% | $1K | $544K | 10x | as long as short |
Phemex DOGEUSDT
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUAL
Katana Perps DOGE-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09895 | −0.075% | $536K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09907 | +0.043% | $123.5M | $117.4M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09900 | −0.022% | $4.9M | $59.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09899 | −0.034% | $321K | $506K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09898 | −0.040% | $327.3M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09888 | −0.145% | $163.4M | $524.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09891 | −0.115% | $115.1M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09900 | −0.024% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.176% | $377K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09896 | −0.065% | $250.4M | $152.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09902 | −0.004% | $117.0M | $257.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09898 | −0.044% | $66.3M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09900 | −0.024% | — | $53.7M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09907 | +0.046% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09877 | −0.255% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09873 | −0.295% | $301K | $139.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09865 | −0.378% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | −0.327% | $141K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09902 | −0.004% | $258K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09902 | −0.004% | $71K | $475K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | +0.008% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09908 | +0.057% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09902 | −0.004% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09906 | +0.037% | $5.9M | $69.1M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09897 | −0.055% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09898 | −0.040% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09902 | −0.008% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09885 | −0.172% | $18K | $386K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09898 | −0.045% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09907 | +0.046% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09899 | −0.034% | $15.5M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09904 | +0.021% | $440 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0285% / S −0.0425% | 1h | 0.09902 | long leg | $397K | — | 200x | |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09910 | +0.077% | $399K | $455K | 10x | as long as short |
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
RISEx DOGE/USDC