Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.074%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days+0.158%+$16 · spread now −0.074%, 7d avg −0.017%
=Together, before fees+0.132%+ Points / potential airdropLighter: Season 3 · farm board+$13 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: BingX is 0.057% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09890 | 0.0096 | pay 0.0012% / 1h | 22m 49s | $842K | $6.8M | 15x |
| Short | BingX DOGE-USDT | 0.09883 | 0.0100 | get 0.0100% / 8h | 2h 22m | — | $80.5M | — |
Lighter DOGE
BingX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.074% → −0.017%
- −$5.69
- Slippage, 4 orders
- −$18.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.72
- Costs to cover
- 0.289%
- Break-even
- 288.0 days
Slippage from Lighter: live order book, 5 min ago; BingX: live order book, 16 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, 5 min ago | 5.72 bp | 7.4 bp −$7 | 9.1 bp −$91 | 26.8 bp −$2,675 | doesn't fit |
| Sell BingX live order book, 16 min ago | 1.01 bp | 6.0 bp −$6 | 8.4 bp −$84 | 17.0 bp −$1,700 | 28.1 bp −$14.1K |
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 | 0.09884 | −0.060% | $594K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09871 | −0.200% | $33K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09873 | −0.175% | $5.6M | $39.8M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0028% | 1h | 0.09865 | −0.259% | $266K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0038% | 1h | 0.09877 | −0.130% | $222K | $70K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09890 | long leg | $842K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09868 | −0.225% | $534K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09881 | −0.091% | $4.4M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09881 | −0.091% | $316K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09886 | −0.039% | $322.6M | $1.68B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX 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 | 0.09890 | −0.003% | $162.6M | $516.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09892 | +0.017% | $114.5M | $1.17B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | +0.098% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09881 | −0.094% | $244.8M | $152.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09887 | −0.033% | $108.7M | $254.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09884 | −0.064% | $65.4M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09873 | −0.175% | $132.6M | $333.6M | 75x | as long as short |
| BingX DOGE-USDTshort | +0.0100% | 8h | 0.09883 | −0.074% | — | $80.5M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09880 | −0.104% | $294K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09866 | −0.247% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09861 | −0.297% | $302K | $138.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09908 | +0.181% | $629K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.306% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09873 | −0.175% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09871 | −0.190% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09878 | −0.124% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09874 | −0.165% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09874 | −0.168% | $5.8M | $68.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09877 | −0.134% | $90.8M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09879 | −0.114% | $18K | $5K | 30x | as long as short |
| Hyperliquid DOGE | +0.0101% | 1h | 0.09883 | −0.072% | $122.6M | $115.4M | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09882 | −0.086% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09874 | −0.170% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09864 | −0.266% | $824 | $524K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0165% | 1h | 0.09876 | −0.142% | $561K | $247K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09876 | −0.141% | $439 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09869 | −0.213% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09878 | −0.124% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09879 | −0.114% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09861 | −0.295% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0285% | 1h | 0.09869 | −0.217% | $315K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09876 | −0.145% | $1.9M | $33.9M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09876 | −0.145% | $398K | $444K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.468% | $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
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
Hyperliquid DOGE
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP