Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX−0.093%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.093%, 7d avg +0.062%
=Together, before fees+0.119%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$12 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 0.155% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DOGEUSDC | 0.09948 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $282K | $128.8M | 20x |
| Short | Lighter DOGE | 0.09939 | 0.0096 | get 0.0012% / 1h | 19m 28s | $820K | $6.1M | 15x |
edgeX DOGEUSDC
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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: −0.093% → +0.062%
- −$15.51
- Slippage, 4 orders
- −$14.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.52
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Lighter: live order book, 4 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 edgeX live order book, 5 min ago | 2.01 bp | 6.5 bp −$7 | 6.9 bp −$69 | 14.4 bp −$1,441 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.15 bp | 7.2 bp −$7 | 16.3 bp −$163 | 35.3 bp −$3,532 | doesn't fit |
DOGE on 43 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 | −0.0107% | 8h | 0.09924 | −0.245% | $150.4M | $273.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09930 | −0.185% | $390K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09924 | −0.250% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.09919 | −0.300% | $223K | $49K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0032% | 1h | 0.09917 | −0.316% | $592K | $118K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09915 | −0.334% | $5.8M | $34.2M | 50x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09939 | −0.093% | $820K | $6.1M | 15x | |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09926 | −0.225% | $829 | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09924 | −0.250% | $528K | $989K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09924 | −0.243% | $4.6M | $48.2M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09927 | −0.212% | $326K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09927 | −0.219% | $314.8M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09930 | −0.185% | $157.2M | $440.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09932 | −0.165% | $109.9M | $977.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09936 | −0.124% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09984 | +0.356% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09923 | −0.255% | $240.8M | $132.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09925 | −0.235% | $110.7M | $230.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09926 | −0.225% | $65.6M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09926 | −0.225% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09929 | −0.195% | $339K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09945 | −0.037% | $992K | $8.2M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.09948 | long leg | $282K | $128.8M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09957 | +0.087% | $636K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.016% | $145K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09926 | −0.227% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09932 | −0.165% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09918 | −0.309% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09926 | −0.228% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09918 | −0.305% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09919 | −0.296% | $5.9M | $55.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09920 | −0.285% | $91.4M | $16.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09921 | −0.271% | $558K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09914 | −0.343% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0109% | 8h | 0.09922 | −0.263% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09931 | −0.178% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09929 | −0.193% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09923 | −0.255% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09941 | −0.070% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09918 | −0.306% | $309K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09931 | −0.178% | $399K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0701% | 1h | 0.09936 | −0.124% | $121.4M | $97.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1000 | +0.519% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP