Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.054%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now −0.054%, 7d avg −0.010%
=Together, before fees+0.105%+ Points / potential airdropLighter: Season 3 · farm board+$10 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: Binance is 0.045% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09926 | 0.0096 | pay 0.0012% / 1h | 21m 37s | $845K | $6.8M | 15x |
| Short | Binance DOGEUSDT | 0.09921 | 0.0100 | get 0.0100% / 8h | 2h 21m | $323.8M | $1.68B | 75x |
Lighter DOGE
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $0.84
- Price spread: −0.054% → −0.010%
- −$4.49
- Slippage, 4 orders
- −$18.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.79
- Costs to cover
- 0.281%
- Break-even
- 271.9 days
Slippage from Lighter: live order book, 7 min ago; Binance: 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 Lighter live order book, 7 min ago | 5.72 bp | 7.4 bp −$7 | 9.1 bp −$91 | 26.8 bp −$2,675 | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.51 bp | 5.8 bp −$6 | 9.0 bp −$90 | 20.3 bp −$2,032 | 44.2 bp −$22.1K |
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 | 0.09892 | −0.347% | $594K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09899 | −0.273% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09916 | −0.107% | $5.6M | $39.9M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0033% | 1h | 0.09887 | −0.395% | $267K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0036% | 1h | 0.09914 | −0.124% | $223K | $70K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09926 | long leg | $845K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09886 | −0.407% | $534K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09919 | −0.074% | $4.4M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09920 | −0.064% | $317K | $516K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.09921 | −0.054% | $323.8M | $1.68B | 75x |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09918 | −0.085% | $163.1M | $516.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09923 | −0.034% | $115.2M | $1.17B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09881 | −0.461% | $379K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09918 | −0.085% | $246.4M | $152.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09921 | −0.054% | $109.9M | $254.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09921 | −0.054% | $65.8M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09912 | −0.145% | $133.5M | $334.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09919 | −0.075% | — | $80.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09918 | −0.085% | $295K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09866 | −0.610% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09861 | −0.659% | $302K | $138.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09908 | −0.184% | $629K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.669% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09911 | −0.155% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09911 | −0.154% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09898 | −0.287% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09916 | −0.105% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09912 | −0.147% | $5.9M | $68.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09919 | −0.075% | $91.2M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09920 | −0.066% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09916 | −0.108% | $482K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09913 | −0.133% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0105% | 1h | 0.09924 | −0.026% | $123.1M | $115.4M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0111% | 8h | 0.09917 | −0.095% | $1K | $526K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09896 | −0.309% | $440 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09892 | −0.343% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09878 | −0.488% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09926 | −0.004% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09861 | −0.658% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0285% | 1h | 0.09897 | −0.291% | $316K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09909 | −0.175% | $1.9M | $34.0M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0305% | 1h | 0.09917 | −0.092% | $563K | $247K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09926 | −0.004% | $400K | $444K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.081% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Hyperliquid DOGE
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC
Injective DOGE/USDC PERP