Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Lighter−0.355%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.355%, 7d avg −0.010%
=Together, before fees+0.364%+ Points / potential airdropLighter: Season 3 · farm board+$36 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: SunX is 0.345% cheaper against Lighter than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.1000 | 0.0096 | pay 0.0012% / 1h | 33m 42s | $852K | $6.8M | 15x |
| Short | SunX DOGE-USDT | 0.09965 | 0.0100 | get 0.0100% / 8h | 1h 33m | $35K | $2.3M | 30x |
Lighter DOGE
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.355% → −0.010%
- −$34.46
- Slippage, 4 orders
- −$43.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$85.55
- Costs to cover
- 0.519%
- Break-even
- 719.9 days
Slippage from Lighter: live order book, 5 min ago; SunX: live order book, 3 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, 5 min ago | 1.60 bp | 3.0 bp −$3 | 9.0 bp −$90 | 21.4 bp −$2,139 | doesn't fit |
| Sell SunX live order book, 3 min ago | 18.05 bp | 23.4 bp −$23 | 31.8 bp −$318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09971 | −0.301% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09984 | −0.172% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09958 | −0.429% | $610K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09966 | −0.352% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0019% | 1h | 0.09957 | −0.445% | $265K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.289% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0066% | 8h | 0.09984 | −0.170% | $142.4M | $344.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1000 | +0.019% | $18K | $382K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.1000 | long leg | $852K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09958 | −0.425% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09989 | −0.119% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09992 | −0.089% | $320K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09994 | −0.073% | $328.2M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09993 | −0.080% | $165.6M | $520.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09994 | −0.070% | $117.8M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09965 | −0.358% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09975 | −0.260% | $249.0M | $156.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09997 | −0.040% | $110.7M | $257.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09994 | −0.070% | $66.5M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09994 | −0.070% | — | $80.7M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09983 | −0.180% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09967 | −0.342% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09996 | −0.048% | $303K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09998 | −0.030% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.010% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09968 | −0.330% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.344% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.09965 | −0.355% | $35K | $2.3M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09969 | −0.320% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09964 | −0.369% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.280% | $91.6M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09993 | −0.075% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09990 | −0.109% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09970 | −0.315% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09964 | −0.370% | $2K | $533K | 10x | as long as short |
| Hyperliquid DOGE | +0.0123% | 1h | 0.09987 | −0.141% | $123.9M | $116.4M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09960 | −0.412% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09978 | −0.230% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09967 | −0.340% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09970 | −0.315% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.09971 | −0.300% | $443 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0292% | 1h | 0.09972 | −0.285% | $572K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09991 | −0.100% | $23K | $305K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1000 | −0.006% | $403K | $454K | 10x | as long as short |
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
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC