Funding you earn now, next payment 05:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.019%
Price spread now: Reya against Lighter+0.090%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 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.090% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread 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 | 0.1055 | 0.0096 | pay 0.0012% / 1h | 51m 58s | $755K | $6.3M | 15x |
| Short | Reya DOGERUSDPERP | 0.1056 | 0.0191 | get 0.0024% / 1h | 51m 58s | $2K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $19.91
- Price spread: +0.090% → 0.000%
- $9
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $22.91
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 6 min ago; Reya: 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, 6 min ago | 2.83 bp | 7.3 bp −$7 | 13.5 bp −$135 | 29.0 bp −$2,896 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0007% | 8h | 0.1055 | −0.002% | $143.2M | $306.4M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1056 | +0.080% | $237K | $59K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1055 | +0.028% | $25K | — | 150x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.1055 | long leg | $755K | $6.3M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1055 | +0.072% | $571K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1055 | +0.057% | $5.0M | $52.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1057 | +0.185% | $348K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1054 | −0.040% | $348.2M | $1.56B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1054 | −0.087% | $175.0M | $482.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1053 | −0.116% | $120.0M | $1.14B | 50x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1047 | −0.766% | $402K | $11K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1054 | −0.087% | $259.1M | $140.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1054 | −0.078% | $119.0M | $238.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1054 | −0.040% | $69.8M | $46.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.078% | — | $78.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | −0.498% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1048 | −0.615% | $318K | $133.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1028 | −2.494% | $651K | $4.5M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1055 | +0.008% | $270K | $887K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1055 | −0.011% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1055 | −0.007% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.028% | $37K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1055 | −0.002% | $2K | $4.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.037% | $6.2M | $62.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1055 | +0.064% | $97.1M | $17.1M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1055 | −0.006% | $511K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1054 | −0.042% | $20K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.1056 | +0.115% | $19K | $7K | 30x | as long as short |
| Katana Perps DOGE-USD | +0.0126% | 8h | 0.1057 | +0.188% | $1K | $480K | 10x | as long as short |
| Reya DOGERUSDPERPshort | +0.0191% | 1h | 0.1056 | +0.090% | $2K | — | 20x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0215% | 1h | 0.1055 | +0.039% | $595K | $241K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1055 | +0.036% | $16.5M | $27.6M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1050 | −0.425% | $68K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0239% | 1h | 0.1054 | −0.065% | $5.8M | $37.4M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1057 | +0.192% | $470 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0261% / S −0.0320% | 1h | 0.1055 | −0.019% | $348K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0262% | 1h | 0.1055 | +0.055% | $354K | $1.2M | 15x | as long as short |
| Kalshi KXDOGEPERP | +0.0292% | 8h | 0.1058 | +0.281% | $763K | $6.1M | 2.8x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1055 | −0.002% | $2.2M | $31.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1056 | +0.102% | $115K | $200K | 10x | as long as short |
| Hyperliquid DOGE | +0.0697% | 1h | 0.1056 | +0.150% | $130.5M | $106.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1057 | +0.176% | $426K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | −0.163% | $6K | $242K | 12x | as long as short |
| ApeX Omni DOGEUSDT | +0.1281% | 1h | 0.1047 | −0.732% | $164K | $302K | 25x | as long as short |
Lighter DOGE
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Paradex DOGE-USD-PERP
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kalshi KXDOGEPERP
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP
ApeX Omni DOGEUSDT