Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.001%
Price spread now: Katana Perps against Lighter−0.201%7-day average −0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.201%, 7d avg −0.061%
=Together, before fees+0.087%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Katana Perps is 0.140% cheaper against Lighter than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.061%). If the spread goes back, that is −$14 on $10k: about 41 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09993 | 0.0096 | pay 0.0012% / 1h | 58m 02s | $848K | $6.8M | 15x |
| Short | Katana Perps DOGE-USD | 0.09973 | 0.0107 | get 0.0107% / 8h | 58m 02s | $833 | $536K | 10x |
Lighter DOGE
Katana Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- $2.38
- Price spread: −0.201% → −0.061%
- −$14.03
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$15.46
- Costs to cover
- 0.038%
- Break-even
- 52.5 days
Slippage unknown: Lighter: live order book, 5 min ago; Katana Perps: no order-book sample. Net counts fees only.
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, 5 min ago | 1.25 bp | 6.9 bp −$7 | 10.3 bp −$103 | 28.7 bp −$2,875 | doesn't fit |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09984 | −0.088% | $5.6M | $40.6M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09972 | −0.216% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09979 | −0.137% | $612K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09985 | −0.082% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.373% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0034% | 8h | 0.09979 | −0.141% | $141.5M | $344.6M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09982 | −0.113% | $18K | $382K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09993 | long leg | $848K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | −0.181% | $538K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09994 | +0.006% | $124.4M | $117.0M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.078% | $4.5M | $58.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09976 | −0.168% | $318K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09989 | −0.037% | $329.9M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09983 | −0.101% | $164.4M | $522.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09987 | −0.061% | $117.2M | $1.21B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09974 | −0.191% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09979 | −0.139% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09982 | −0.111% | $249.8M | $154.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09983 | −0.101% | $112.3M | $256.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09986 | −0.071% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09982 | −0.111% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | −0.041% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09969 | −0.244% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09981 | −0.118% | $303K | $140.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09977 | −0.165% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.131% | $146K | $341K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09973 | −0.199% | $262K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09985 | −0.081% | $70K | $470K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09981 | −0.121% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09992 | −0.015% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09988 | −0.051% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09984 | −0.090% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.031% | $91.5M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09974 | −0.193% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09982 | −0.114% | $490K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09986 | −0.066% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USDshort | +0.0107% | 8h | 0.09973 | −0.201% | $833 | $536K | 10x | |
| Reya DOGERUSDPERP | +0.0198% | 1h | 0.09974 | −0.189% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09985 | −0.081% | $1.9M | $34.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09979 | −0.141% | $16.3M | $27.1M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0221% | 1h | 0.09991 | −0.024% | $573K | $252K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09985 | −0.077% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.09983 | −0.104% | $444 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09983 | −0.105% | $401K | $458K | 10x | as long as short |
Aster DOGEUSDT
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-USDC
Backpack DOGE_USDC_PERP
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC