Funding you earn now, next payment 22:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.107%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.107%, 7d avg −0.080%
=Together, before fees−0.043%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.027% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09909 | 0.0096 | pay 0.0012% / 1h | 5m 06s | $751K | $5.2M | 15x |
| Short | Bitget DOGEUSDT | 0.09898 | −0.0278 | pay 0.0278% / 8h | 2h 05m | $151.7M | $261.3M | 75x |
Lighter DOGE
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- −$78.54
- Price spread: −0.107% → −0.080%
- −$2.74
- Slippage, 4 orders
- −$19.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.1
- Costs to cover
- 0.318%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Bitget: 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 Lighter live order book, 3 min ago | 1.16 bp | 6.1 bp −$6 | 8.4 bp −$84 | 26.3 bp −$2,634 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.50 bp | 10.5 bp −$10 | 13.5 bp −$135 | 22.6 bp −$2,264 | 43.5 bp −$21.8K |
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 DOGEUSDTshort | −0.0278% | 8h | 0.09898 | −0.107% | $151.7M | $261.3M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09907 | −0.017% | $367K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09907 | −0.015% | $619K | $106K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09903 | −0.052% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0078% | 8h | 0.09904 | −0.046% | $236.0M | $121.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09951 | +0.425% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09902 | −0.067% | $838 | $345K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09909 | long leg | $751K | $5.2M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.062% | $627K | $698K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09904 | −0.046% | $4.9M | $40.7M | 75x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09912 | +0.034% | $334K | $496K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.023% | $313.7M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09902 | −0.067% | $158.3M | $399.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09908 | −0.006% | $108.5M | $892.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09910 | +0.014% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09906 | −0.026% | $109.8M | $221.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09905 | −0.036% | $64.8M | $39.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09905 | −0.036% | — | $73.5M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09902 | −0.066% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09933 | +0.248% | $267K | $112.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09924 | +0.160% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.115% | $144K | $228K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09901 | −0.081% | $270K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09904 | −0.046% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.057% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09908 | −0.009% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09905 | −0.036% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09909 | 0.000% | $5.9M | $47.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.026% | $91.8M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09947 | +0.388% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09905 | −0.032% | $18K | $5K | 30x | as long as short |
| dYdX DOGE-USD | +0.0101% | 1h | 0.09907 | −0.012% | $222K | $44K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09900 | −0.083% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09906 | −0.026% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09907 | −0.013% | $523 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.09902 | −0.067% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09910 | +0.014% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09906 | −0.026% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09903 | −0.059% | $316K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0253% | 1h | 0.09911 | +0.024% | $523K | $931K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09904 | −0.048% | $5.9M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0408% | 1h | 0.09915 | +0.067% | $109.1M | $79.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09910 | +0.014% | $311K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09960 | +0.519% | $5K | $180K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
dYdX DOGE-USD
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP