DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Nado against Lighter−0.058%7-day average −0.048% · 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−$25as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.058%, 7d avg −0.048%

Together, before fees+0.154%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DOGE	0.09976	0.0096	pay 0.0012% / 1h	30m 33s	$780K	$5.4M	15x
Short	Nado DOGE-PERP	0.09970	0.0100	get 0.0012% / 1h	30m 33s	$567K	$851K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee NadobpOrdersPrice spread, now −0.058%Rate

Funding earned: $0.84
Price spread: −0.058% → −0.048%: −$0.97
Slippage, 4 orders: −$17.07
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$24.21
Costs to cover: 0.241%
Break-even: 208.7 days

Slippage from Lighter: live order book, 7 min ago; Nado: live order book, 53 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	2.18 bp	2.4 bp −$2	7.3 bp −$73	30.5 bp −$3,045	doesn't fit
Sell Nado live order book, 53 min ago	0.50 bp	6.4 bp −$6	18.1 bp −$181	doesn't fit	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	−0.0268%	8h	0.09965	−0.108%	$152.1M	$265.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09982	+0.061%	$415K	$4.7M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09978	+0.020%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0008%	1h	0.09973	−0.026%	$224K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0071%	1h	0.09973	−0.029%	$604K	$109K	25x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1003	+0.589%	$19K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0089%	8h	0.09969	−0.068%	$239.5M	$123.4M	75x	as long as short
Lighter DOGElong	+0.0096%	1h	0.09976	long leg	$780K	$5.4M	15x
Katana Perps DOGE-USD	+0.0096%	8h	0.09971	−0.048%	$2K	$366K	10x	as long as short
Nado DOGE-PERPshort	+0.0100%	1h	0.09970	−0.058%	$567K	$851K	10x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09972	−0.041%	$5.1M	$43.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09975	−0.013%	$334K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09973	−0.028%	$318.2M	$1.32B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09968	−0.078%	$159.5M	$417.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09973	−0.028%	$108.7M	$921.5M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09976	+0.002%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09966	−0.101%	$382K	$14K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09976	+0.002%	$109.3M	$216.6M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09969	−0.068%	$65.0M	$40.2M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09970	−0.058%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1007	+0.978%	$994K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1002	+0.492%	$279K	$115.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1006	+0.894%	$634K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	+0.443%	$147K	$244K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09970	−0.059%	$266K	$540K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09969	−0.068%	$72K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09969	−0.070%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09984	+0.081%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09972	−0.038%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09971	−0.051%	$6.0M	$50.0M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09966	−0.098%	$92.3M	$19.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.09975	−0.008%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09973	−0.026%	$552K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09973	−0.028%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.09973	−0.027%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.09977	+0.011%	$527	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09973	−0.028%	$2.0M	$23.3M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09973	−0.028%	$15.4M	$24.8M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0270%	1h	0.09975	−0.004%	$312K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0365%	1h	0.09974	−0.017%	$5.9M	$32.7M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0383%	1h	0.09973	−0.028%	$533K	$952K	15x	as long as short
Hyperliquid DOGE	+0.0408%	1h	0.09979	+0.037%	$110.1M	$82.4M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.09979	+0.033%	$313K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1002	+0.443%	$5K	$207K	12x	as long as short