Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against MEXC−0.040%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$90.090% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.040%, 7d avg +0.045%
=Together, before fees+0.174%+ Points / potential airdropLighter: Season 3 · farm board+$17 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: Lighter is 0.085% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC DOGE_USDT | 0.09978 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $113.6M | $218.7M | 300x |
| Short | Lighter DOGE | 0.09974 | 0.0096 | get 0.0012% / 1h | 22m 41s | $791K | $5.1M | 15x |
MEXC DOGE_USDT
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: −0.040% → +0.045%
- −$8.52
- Slippage, 4 orders
- −$9.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.38
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 5 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 MEXC live order book, 1 min ago | 0.50 bp | 0.5 bp −$1 | 2.6 bp −$26 | 11.3 bp −$1,131 | 42.1 bp −$21.1K |
| Sell Lighter live order book, 5 min ago | 0.50 bp | 7.0 bp −$7 | 10.1 bp −$101 | 31.9 bp −$3,194 | 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 | 0.09958 | −0.200% | $153.0M | $260.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09961 | −0.167% | $375K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09963 | −0.155% | $623K | $103K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09952 | −0.263% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0073% | 8h | 0.09963 | −0.150% | $237.4M | $119.9M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09946 | −0.324% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0092% | 1h | 0.09967 | −0.107% | $224K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09953 | −0.251% | $831 | $341K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09974 | −0.040% | $791K | $5.1M | 15x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09970 | −0.084% | $4.8M | $40.5M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
dYdX DOGE-USD
Katana Perps DOGE-USD
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09972 | −0.063% | $338K | $494K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09975 | −0.035% | $315.8M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09972 | −0.060% | $158.3M | $398.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09980 | +0.020% | $108.8M | $894.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09963 | −0.150% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | −1.403% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDTlong | +0.0100% | 8h | 0.09978 | long leg | $113.6M | $218.7M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09966 | −0.120% | $65.5M | $39.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09965 | −0.130% | — | $73.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09927 | −0.510% | $922K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09902 | −0.758% | $263K | $112.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09913 | −0.651% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.681% | $141K | $223K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09953 | −0.251% | $631K | $696K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09949 | −0.289% | $273K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09957 | −0.210% | $57K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09957 | −0.212% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09962 | −0.161% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09957 | −0.210% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09959 | −0.192% | $6.0M | $47.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09954 | −0.241% | $92.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09969 | −0.085% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09965 | −0.128% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09953 | −0.255% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09953 | −0.251% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.09961 | −0.171% | $526 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09962 | −0.160% | $15.1M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09960 | −0.180% | $2.0M | $22.4M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0243% | 1h | 0.09963 | −0.150% | $526K | $931K | 15x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0264% | 1h | 0.09951 | −0.270% | $308K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0287% | 1h | 0.09959 | −0.188% | $6.0M | $31.8M | 50x | as long as short |
| Hyperliquid DOGE | +0.0424% | 1h | 0.09976 | −0.021% | $110.2M | $79.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09964 | −0.142% | $313K | $473K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09980 | +0.020% | $5K | $180K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
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