Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Lighter−0.175%7-day average −0.042% · 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−$36as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 3 days (all we have)−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.175%, 7d avg −0.042%
=Together, before fees+0.127%+ Points / potential airdropLighter: Season 3 · farm board+$13 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: SoDEX is 0.133% cheaper against Lighter than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09979 | 0.0096 | pay 0.0012% / 1h | 22m 23s | $825K | $6.1M | 15x |
| Short | SoDEX DOGE-USD | 0.09962 | 0.0100 | get 0.0013% / 1h | 22m 23s | $2K | $3.7M | 10x |
Lighter DOGE
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.175% → −0.042%
- −$13.3
- Slippage, 4 orders
- −$14.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$35.43
- Costs to cover
- 0.230%
- Break-even
- 302.2 days
Slippage from Lighter: live order book, 6 min ago; SoDEX: live order book, 2 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, 6 min ago | 2.25 bp | 3.3 bp −$3 | 7.4 bp −$74 | 23.9 bp −$2,393 | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.50 bp | 4.6 bp −$5 | 8.1 bp −$81 | 149.7 bp −$15.0K | doesn't fit |
DOGE on 43 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 | −0.0110% | 8h | 0.09960 | −0.195% | $151.0M | $273.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09955 | −0.249% | $391K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09956 | −0.240% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.09973 | −0.063% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09959 | −0.205% | $5.8M | $34.2M | 50x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09979 | long leg | $825K | $6.1M | 15x | |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09961 | −0.185% | $832 | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09964 | −0.150% | $530K | $989K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09972 | −0.071% | $4.6M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09977 | −0.024% | $328K | $503K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09962 | −0.173% | $315.9M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09959 | −0.205% | $157.7M | $441.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09962 | −0.175% | $110.2M | $980.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09980 | +0.005% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09984 | +0.043% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09960 | −0.195% | $241.5M | $132.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09967 | −0.125% | $111.0M | $229.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09967 | −0.125% | $65.9M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09960 | −0.195% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09961 | −0.185% | $340K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09990 | +0.104% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | +0.029% | $282K | $128.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09978 | −0.015% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | −0.095% | $146K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09963 | −0.162% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09960 | −0.195% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09959 | −0.204% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09960 | −0.197% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09962 | −0.175% | $2K | $3.7M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09958 | −0.219% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09963 | −0.165% | $91.8M | $17.0M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09971 | −0.085% | $558K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09959 | −0.208% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0110% | 8h | 0.09976 | −0.037% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0182% | 1h | 0.09962 | −0.177% | $595K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09966 | −0.133% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09968 | −0.113% | $531 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09956 | −0.235% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09998 | +0.186% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09956 | −0.232% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09970 | −0.095% | $401K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0707% | 1h | 0.09980 | +0.005% | $121.9M | $97.5M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | +0.005% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
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
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP