Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against SoDEX+0.243%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.243%, 7d avg +0.051%
=Together, before fees−0.203%+ Points / potential airdropLighter: Season 3 · farm board−$20 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 0.192% dearer against SoDEX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DOGE-USD | 0.09801 | 0.0100 | pay 0.0013% / 1h | 9m 22s | $2K | $5.2M | 10x |
| Short | Lighter DOGE | 0.09825 | 0.0096 | get 0.0012% / 1h | 9m 22s | $798K | $6.3M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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: +0.243% → +0.051%
- $19.22
- Slippage, 4 orders
- −$11.44
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.06
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 3 min ago; Lighter: live order book, 7 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 SoDEX live order book, 3 min ago | 1.02 bp | 5.2 bp −$5 | 8.7 bp −$87 | 150.2 bp −$15.0K | doesn't fit |
| Sell Lighter live order book, 7 min ago | 2.13 bp | 4.4 bp −$4 | 11.3 bp −$113 | 33.0 bp −$3,299 | doesn't fit |
DOGE on 44 exchanges
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 | −0.0080% | 1h | 0.09808 | +0.075% | $5.3M | $38.5M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0056% | 8h | 0.09800 | −0.010% | $138.4M | $288.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09802 | +0.009% | $500K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09808 | +0.075% | $35K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0005% | 1h | 0.09809 | +0.084% | $546K | $292K | 25x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.438% | $6K | $240K | 12x | as long as short |
| Bybit DOGEUSDT | +0.0035% | 8h | 0.09804 | +0.031% | $164.9M | $490.7M | 75x | as long as short |
| dYdX DOGE-USD | +0.0049% | 1h | 0.09815 | +0.144% | $230K | $75K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09825 | +0.243% | $798K | $6.3M | 15x | |
| Gate DOGE_USDT | +0.0097% | 8h | 0.09807 | +0.061% | $252.5M | $145.4M | 75x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09815 | +0.143% | $1K | $528K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09815 | +0.143% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09814 | +0.133% | $511K | $1.0M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09818 | +0.173% | $121.6M | $105.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09810 | +0.096% | $5.0M | $57.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09820 | +0.194% | $314K | $459K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09810 | +0.097% | $323.7M | $1.60B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09807 | +0.061% | $116.2M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09817 | +0.163% | $16K | $308K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09810 | +0.092% | $122.1M | $255.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09814 | +0.133% | $64.4M | $44.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09809 | +0.082% | — | $45.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09803 | +0.020% | $308K | $1.0M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09797 | −0.043% | $1.2M | $7.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09815 | +0.143% | $256K | $123.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09806 | +0.048% | $627K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09810 | +0.092% | $138K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09809 | +0.081% | $195K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09805 | +0.041% | $67K | $403K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09804 | +0.030% | $18K | $6K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09816 | +0.154% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USDlong | +0.0100% | 1h | 0.09801 | long leg | $2K | $5.2M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09805 | +0.039% | $6.0M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09803 | +0.020% | $89.0M | $15.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09815 | +0.143% | $375K | $3K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09802 | +0.006% | $499K | $3.2M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09806 | +0.050% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0163% | 1h | 0.09818 | +0.177% | $18K | $306K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09816 | +0.156% | $452 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0206% / S −0.0201% | 1h | 0.09808 | +0.067% | $277K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0211% | 1h | 0.09805 | +0.043% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09808 | +0.071% | $15.3M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09811 | +0.102% | $2.3M | $32.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0631% | 1h | 0.09819 | +0.181% | $406K | $382K | 10x | as long as short |
SoDEX DOGE-USD
Lighter DOGE
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Injective DOGE/USDC PERP
Bybit DOGEUSDT
Gate DOGE_USDT
Katana Perps DOGE-USD
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
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
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Extended DOGE-USD
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC