Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Derive against Lighter+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.039% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09934 | 0.0096 | pay 0.0012% / 1h | 4m 28s | $784K | $5.6M | 15x |
| Short | Derive DOGE-PERP | 0.09938 | 0.0100 | get 0.0013% / 1h | 4m 28s | $24K | $1K | 10x |
Lighter DOGE
Derive DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: +0.039% → 0.000%
- $3.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$1.24
- Costs to cover
- 0.060%
- Break-even
- 17.3 days
Slippage unknown: Lighter: live order book, 9 min ago; Derive: no order-book sample. 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 Lighter live order book, 9 min ago | 0.86 bp | 2.9 bp −$3 | 8.7 bp −$87 | 27.0 bp −$2,695 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0213% | 8h | 0.09934 | +0.001% | $151.8M | $270.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09910 | −0.237% | $394K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09936 | +0.022% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0063% | 1h | 0.09915 | −0.193% | $596K | $121K | 25x | as long as short |
| dYdX DOGE-USD | +0.0068% | 1h | 0.09931 | −0.029% | $223K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0070% | 8h | 0.09935 | +0.011% | $242.0M | $129.2M | 75x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09934 | long leg | $784K | $5.6M | 15x | |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09928 | −0.059% | $959 | $393K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09933 | −0.004% | $510K | $977K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09936 | +0.017% | $4.8M | $46.0M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Gate DOGE_USDT
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09933 | −0.012% | $331K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09935 | +0.011% | $315.8M | $1.38B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09940 | +0.061% | $156.7M | $434.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09943 | +0.092% | $109.5M | $952.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09939 | +0.051% | $28K | $82K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09934 | +0.001% | $111.5M | $223.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09935 | +0.011% | $65.6M | $42.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09938 | +0.041% | — | $75.9M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09893 | −0.410% | $994K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09911 | −0.233% | $256K | $120.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09921 | −0.130% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09900 | −0.341% | $145K | $252K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09929 | −0.053% | $255K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09940 | +0.061% | $72K | $446K | 50x | as long as short |
| Derive DOGE-PERPshort | +0.0100% | 1h | 0.09938 | +0.039% | $24K | $1K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09914 | −0.195% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09913 | −0.210% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09913 | −0.215% | $5.9M | $52.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09913 | −0.210% | $91.6M | $19.2M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09909 | −0.251% | $380K | $12K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09931 | −0.028% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09931 | −0.029% | $518K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09941 | +0.075% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0106% | 1h | 0.09912 | −0.225% | $5.9M | $33.6M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0180% | 1h | 0.09932 | −0.019% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09936 | +0.026% | $525 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09911 | −0.231% | $15.2M | $25.2M | 75x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.09916 | −0.178% | $66K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09921 | −0.130% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0262% | 1h | 0.09909 | −0.247% | $305K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0305% | 1h | 0.09917 | −0.170% | $383K | $1.1M | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09940 | +0.065% | $314K | $477K | 10x | as long as short |
| Hyperliquid DOGE | +0.0817% | 1h | 0.09947 | +0.129% | $116.2M | $90.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.09940 | +0.061% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP