Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Lighter−0.354%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.354%, 7d avg −0.071%
=Together, before fees+0.107%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$11 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: edgeX is 0.283% cheaper against Lighter than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09938 | 0.0096 | pay 0.0012% / 1h | 25m 24s | $788K | $5.1M | 15x |
| Short | edgeX DOGEUSDC | 0.09902 | 0.0100 | get 0.0050% / 4h | 2h 25m | $263K | $112.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.354% → −0.071%
- −$28.3
- Slippage, 4 orders
- −$12.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.53
- Costs to cover
- 0.211%
- Break-even
- 411.4 days
Slippage from Lighter: live order book, 3 min ago; edgeX: live order book, 4 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, 3 min ago | 0.50 bp | 1.1 bp −$1 | 8.7 bp −$87 | 25.9 bp −$2,586 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 2.03 bp | 6.5 bp −$7 | 6.9 bp −$69 | 14.2 bp −$1,419 | doesn't fit |
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 | −0.0279% | 8h | 0.09941 | +0.035% | $152.9M | $260.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09921 | −0.167% | $373K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09932 | −0.053% | $621K | $103K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09943 | +0.054% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0071% | 8h | 0.09942 | +0.045% | $237.1M | $119.8M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09946 | +0.083% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09949 | +0.116% | $1K | $338K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09938 | long leg | $788K | $5.1M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09949 | +0.116% | $632K | $695K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09949 | +0.117% | $4.8M | $40.5M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09945 | +0.075% | $337K | $494K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09945 | +0.075% | $314.9M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09943 | +0.055% | $158.0M | $397.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09946 | +0.086% | $108.6M | $890.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09957 | +0.196% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | −1.002% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09947 | +0.096% | $113.0M | $218.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09947 | +0.096% | $65.2M | $39.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09943 | +0.055% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09851 | −0.870% | $915K | $7.8M | — | as long as short |
| edgeX DOGEUSDCshort | +0.0100% | 4h | 0.09902 | −0.354% | $263K | $112.0M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09913 | −0.246% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.277% | $141K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09946 | +0.088% | $273K | $528K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09945 | +0.075% | $57K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09928 | −0.091% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09933 | −0.046% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09929 | −0.086% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09930 | −0.072% | $6.0M | $46.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09925 | −0.126% | $92.1M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09949 | +0.115% | $18K | $5K | 30x | as long as short |
| dYdX DOGE-USD | +0.0100% | 1h | 0.09940 | +0.028% | $223K | $44K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09948 | +0.101% | $549K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09921 | −0.167% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09947 | +0.092% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09956 | +0.186% | $526 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09912 | −0.257% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09933 | −0.045% | $2.0M | $22.4M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0236% | 1h | 0.09935 | −0.025% | $524K | $931K | 15x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0264% | 1h | 0.09942 | +0.050% | $307K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0288% | 1h | 0.09926 | −0.115% | $5.9M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0429% | 1h | 0.09955 | +0.173% | $110.0M | $79.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09959 | +0.216% | $312K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09920 | −0.176% | $5K | $180K | 12x | as long as short |
Lighter DOGE
edgeX DOGEUSDC
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Backpack DOGE_USDC_PERP
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP