Funding you earn now, next payment 04:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h −0.030%
Price spread now: Bitget against Lighter−0.076%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.076%, 7d avg −0.041%
=Together, before fees+0.043%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.035% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.1004 | 0.0096 | pay 0.0012% / 1h | 29m 18s | $736K | $6.3M | 15x |
| Short | Bitget DOGEUSDT | 0.1004 | −0.0046 | pay 0.0046% / 8h | 4h 29m | $151.6M | $275.8M | 75x |
Lighter DOGE
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$29.82
- Price spread: −0.076% → −0.041%
- −$3.47
- Slippage, 4 orders
- −$19.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.16
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 2.05 bp | 8.5 bp −$8 | 11.7 bp −$117 | 24.9 bp −$2,490 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.50 bp | 8.4 bp −$8 | 9.7 bp −$97 | 29.0 bp −$2,898 | 67.3 bp −$33.6K |
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 DOGEUSDTshort | −0.0046% | 8h | 0.1004 | −0.076% | $151.6M | $275.8M | 75x | |
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1004 | −0.011% | $5.7M | $35.6M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1005 | +0.076% | $396K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1004 | −0.017% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0020% | 1h | 0.1004 | 0.000% | $226K | $49K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.1004 | long leg | $736K | $6.3M | 15x | |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1003 | −0.115% | $1K | $451K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.034% | $531K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.094% | $4.7M | $49.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1004 | −0.032% | $326K | $483K | 20x | as long as short |
Kraken Futures PF_DOGEUSD
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 | 0.1004 | −0.022% | $321.9M | $1.46B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.046% | $163.3M | $445.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | −0.096% | $113.3M | $1.01B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09916 | −1.283% | $381K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.004% | $247.8M | $134.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1005 | +0.074% | $112.5M | $235.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1004 | −0.016% | $66.3M | $43.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1005 | +0.054% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1006 | +0.104% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | −0.028% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | −0.038% | $298K | $130.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1005 | +0.024% | $631K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | −0.743% | $145K | $285K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | −0.016% | $261K | $856K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | +0.014% | $70K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.021% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.055% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | −0.006% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.081% | $6.0M | $57.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.046% | $92.3M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1004 | −0.073% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1004 | −0.037% | $502K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | −0.006% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0148% | 1h | 0.1005 | +0.016% | $600K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0189% | 1h | 0.1005 | +0.081% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1004 | +0.003% | $535 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | +0.014% | $15.7M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1004 | −0.073% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1004 | −0.023% | $314K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0288% | 1h | 0.1006 | +0.133% | $122.4M | $101.0M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1006 | +0.163% | $2.4M | $27.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1006 | +0.133% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1005 | +0.044% | $406K | $414K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1007 | +0.253% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP