Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Bulk against Lighter−1.583%53s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.285% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+1.416%+$142 · spread now −1.583%, 7d avg −0.022%
=Together, before fees+1.421%+ Points / potential airdropLighter: Season 3 · farm board+$142 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: Bulk is 1.561% cheaper against Lighter than usual: you would sell low and buy high, −$156 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.1021 | 0.0096 | pay 0.0012% / 1h | 0m 49s | $755K | $6.3M | 15x |
| Short | Bulk DOGE-USD | 0.1005 | 0.0100 | get 0.0013% / 1h | 0m 49s | $386K | $859 | 10x |
Lighter DOGE
Bulk DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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: −1.583% → −0.022%
- −$156.14
- Slippage, 4 orders
- −$21.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$183.76
- Costs to cover
- 0.285%
- Break-even
- 1538.3 days
Slippage from Lighter: live order book, 7 min ago; Bulk: live order book, 58 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 | 2.08 bp | 6.9 bp −$7 | 11.1 bp −$111 | 25.8 bp −$2,582 | doesn't fit |
| Sell Bulk live order book, 58 min ago | 5.04 bp | 8.5 bp −$9 | 10.5 bp −$105 | 17.8 bp −$1,782 | 24.8 bp −$12.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1021 | −0.043% | $5.8M | $36.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0023% | 8h | 0.1019 | −0.192% | $153.4M | $279.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1017 | −0.357% | $480K | $5.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1019 | −0.166% | $27K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1020 | −0.119% | $229K | $48K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.1021 | long leg | $755K | $6.3M | 15x | |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1019 | −0.212% | $922 | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1020 | −0.128% | $539K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | −0.055% | $4.8M | $50.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1019 | −0.198% | $330K | $484K | 20x | as long as short |
Kraken Futures PF_DOGEUSD
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 | 0.1020 | −0.077% | $336.9M | $1.50B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1020 | −0.084% | $168.8M | $455.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1020 | −0.123% | $117.1M | $1.06B | 50x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.1005 | −1.583% | $386K | $859 | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1018 | −0.261% | $250.5M | $137.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1019 | −0.202% | $116.2M | $237.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1019 | −0.172% | $67.9M | $44.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1019 | −0.221% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1019 | −0.231% | $325K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1019 | −0.224% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −1.132% | $306K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | −0.984% | $639K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1011 | −0.976% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1019 | −0.192% | $264K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1019 | −0.182% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1019 | −0.199% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1020 | −0.082% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1020 | −0.055% | $2K | $4.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1021 | +0.004% | $6.1M | $59.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1021 | −0.035% | $93.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1017 | −0.365% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1019 | −0.185% | $500K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1019 | −0.172% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1019 | −0.160% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0192% | 1h | 0.1019 | −0.180% | $609K | $119K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1021 | +0.004% | $16.2M | $26.0M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1020 | −0.062% | $544 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1006 | −1.485% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0267% | 1h | 0.1019 | −0.163% | $317K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0278% | 1h | 0.1020 | −0.133% | $124.9M | $102.8M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1021 | −0.045% | $2.1M | $28.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1021 | −0.006% | $111K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1020 | −0.084% | $413K | $416K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1015 | −0.584% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP