DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against Pacifica+0.023%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.023%, 7d avg +0.029%

Together, before fees−0.049%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica DOGE	0.09883	0.0100	pay 0.0013% / 1h	44m 29s	$337K	$503K	20x
Short	Lighter DOGE	0.09886	0.0096	get 0.0012% / 1h	44m 29s	$796K	$5.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee LighterbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$0.84
Price spread: +0.023% → +0.029%: −$0.61
Slippage, 4 orders: −$14.31
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$23.75
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from Pacifica: live order book, 44 min ago; Lighter: 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 Pacifica live order book, 44 min ago	1.50 bp	6.1 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	1.26 bp	3.8 bp −$4	9.6 bp −$96	29.6 bp −$2,964	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	0.09884	+0.007%	$151.7M	$259.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09890	+0.069%	$354K	$4.3M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09897	+0.135%	$619K	$88K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09893	+0.102%	$31K	—	150x	as long as short
dYdX DOGE-USD	+0.0039%	1h	0.09882	−0.014%	$222K	$44K	10x	as long as short
Gate DOGE_USDT	+0.0064%	8h	0.09882	−0.013%	$235.0M	$118.4M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09900	+0.165%	$15K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0095%	8h	0.09883	−0.003%	$2K	$334K	10x	as long as short
Lighter DOGEshort	+0.0096%	1h	0.09886	+0.023%	$796K	$5.0M	15x
Nado DOGE-PERP	+0.0100%	1h	0.09881	−0.018%	$627K	$695K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09885	+0.017%	$4.9M	$40.1M	75x	as long as short
Pacifica DOGElong	+0.0100%	1h	0.09883	long leg	$337K	$503K	20x
Binance DOGEUSDT	+0.0100%	8h	0.09896	+0.128%	$317.0M	$1.25B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09892	+0.088%	$153.9M	$393.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09893	+0.098%	$107.4M	$883.3M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09890	+0.068%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09895	+0.118%	$379K	$19K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09892	+0.088%	$120.2M	$212.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09887	+0.037%	$65.1M	$38.9M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09894	+0.108%	—	$73.2M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09894	+0.104%	$931K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09885	+0.021%	$262K	$110.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09895	+0.118%	$622K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09890	+0.068%	$141K	$222K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09889	+0.062%	$274K	$545K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09895	+0.118%	$72K	$359K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09893	+0.096%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09900	+0.173%	$35K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09894	+0.108%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09894	+0.110%	$6.0M	$46.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09891	+0.078%	$91.8M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09883	−0.005%	$19K	$3K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09882	−0.009%	$545K	$3.5M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09896	+0.124%	$19K	—	3x	as long as short
Backpack DOGE_USDC_PERP	+0.0121%	1h	0.09889	+0.058%	$524K	$855K	15x	as long as short
Reya DOGERUSDPERP	+0.0173%	1h	0.09891	+0.078%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09890	+0.068%	$15.3M	$23.6M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09896	+0.128%	$2.0M	$22.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0263%	1h	0.09893	+0.098%	$305K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0264%	1h	0.09886	+0.024%	$522	$4K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09896	+0.133%	$6.8M	$30.3M	50x	as long as short
Hyperliquid DOGE	+0.0501%	1h	0.09902	+0.193%	$110.5M	$77.7M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09891	+0.083%	$311K	$469K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09920	+0.371%	$5K	$153K	12x	as long as short