Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX−0.004%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.004%, 7d avg +0.017%
=Together, before fees−0.010%+ Points / potential airdropLighter: Season 3 · farm board−$1 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 0.021% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOGE-USDT-SWAP | 0.09867 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $110.0M | $985.5M | 50x |
| Short | Lighter DOGE | 0.09867 | 0.0096 | get 0.0012% / 1h | 46m 41s | $725K | $6.2M | 15x |
OKX DOGE-USDT-SWAP
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: −0.004% → +0.017%
- −$2.11
- Slippage, 4 orders
- −$11.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.24
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 6 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 OKX live order book, 2 min ago | 0.51 bp | 5.5 bp −$6 | 8.2 bp −$82 | 17.1 bp −$1,715 | 38.3 bp −$19.2K |
| Sell Lighter live order book, 6 min ago | 1.26 bp | 7.0 bp −$7 | 13.3 bp −$133 | 34.3 bp −$3,428 | 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 | −0.0059% | 8h | 0.09863 | −0.041% | $149.1M | $275.0M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09855 | −0.126% | $5.7M | $35.5M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09867 | +0.001% | $432K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09856 | −0.109% | $589K | $118K | 25x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09864 | −0.029% | $221K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09861 | −0.057% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0028% | 1h | 0.09868 | +0.011% | $257K | $830K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09870 | +0.030% | $2K | $448K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09867 | −0.004% | $725K | $6.2M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09867 | −0.003% | $523K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Katana Perps DOGE-USD
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 | 0.09854 | −0.131% | $4.5M | $49.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09870 | +0.031% | $320K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09870 | +0.030% | $315.1M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09869 | +0.020% | $158.9M | $443.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAPlong | +0.0100% | 8h | 0.09867 | long leg | $110.0M | $985.5M | 50x | |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.638% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09865 | −0.020% | $241.2M | $133.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09868 | +0.010% | $111.3M | $233.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09854 | −0.132% | $65.1M | $43.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09871 | +0.041% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09855 | −0.122% | $309K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09868 | +0.008% | $979K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09859 | −0.079% | $292K | $129.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09854 | −0.130% | $620K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.071% | $144K | $283K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09857 | −0.101% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09854 | −0.134% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09871 | +0.046% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09856 | −0.111% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09864 | −0.031% | $5.9M | $57.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09856 | −0.111% | $90.6M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09866 | −0.013% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09865 | −0.016% | $495K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09854 | −0.128% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09882 | +0.151% | $527 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09869 | +0.018% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09855 | −0.122% | $15.5M | $24.9M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09874 | +0.072% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09864 | −0.035% | $309K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0265% | 1h | 0.09859 | −0.086% | $120.0M | $100.1M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09862 | −0.051% | $2.3M | $26.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09882 | +0.152% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09877 | +0.096% | $399K | $412K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09890 | +0.233% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP