Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.279%57s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.279%, 7d avg +0.029%
=Together, before fees+0.260%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$26 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 0.307% cheaper against Pacifica than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DOGE | 0.1030 | 0.0100 | pay 0.0013% / 1h | 25m 51s | $330K | $518K | 20x |
| Short | Lighter DOGE | 0.1027 | 0.0096 | get 0.0012% / 1h | 25m 51s | $725K | $6.4M | 15x |
Pacifica DOGE
Lighter DOGEFunding 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 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: −0.279% → +0.029%
- −$30.71
- Slippage, 4 orders
- −$29.62
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$69.18
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 28 min ago; Lighter: live order book, 12 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, 28 min ago | 4.26 bp | 8.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 min ago | 2.28 bp | 11.7 bp −$12 | 18.6 bp −$186 | 37.0 bp −$3,700 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1028 | −0.250% | $709K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1027 | −0.346% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.1029 | −0.094% | $231K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0053% | 8h | 0.1027 | −0.313% | $134.1M | $315.4M | 75x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.1027 | −0.279% | $725K | $6.4M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1027 | −0.274% | $557K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.292% | $4.9M | $54.3M | 75x | as long as short |
| Pacifica DOGElong | +0.0100% | 1h | 0.1030 | long leg | $330K | $518K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.295% | $340.3M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.303% | $168.7M | $495.7M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Nado DOGE-PERP
Aster DOGEUSDT
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1027 | −0.283% | $117.3M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +1.558% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1026 | −0.371% | $253.9M | $145.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1027 | −0.293% | $116.0M | $243.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1027 | −0.342% | $67.4M | $48.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1027 | −0.303% | — | $79.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1027 | −0.332% | $342K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | −0.404% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1038 | +0.768% | $331K | $135.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | +0.768% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1039 | +0.852% | $155K | $327K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1027 | −0.351% | $259K | $974K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1027 | −0.274% | $69K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1027 | −0.274% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1028 | −0.246% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1028 | −0.254% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1027 | −0.312% | $6.1M | $65.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.264% | $94.5M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1029 | −0.121% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1027 | −0.346% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1028 | −0.262% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0122% | 8h | 0.1028 | −0.254% | $2K | $496K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1026 | −0.361% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1030 | +0.008% | $16.7M | $27.2M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1032 | +0.183% | $19K | $292K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0237% | 1h | 0.1028 | −0.243% | $583K | $247K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0245% | 1h | 0.1027 | −0.285% | $5.5M | $38.7M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1026 | −0.366% | $331K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1028 | −0.217% | $457 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1028 | −0.254% | $2.0M | $33.0M | 50x | as long as short |
| Hyperliquid DOGE | +0.0528% | 1h | 0.1028 | −0.215% | $128.2M | $110.1M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1028 | −0.186% | $111K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1028 | −0.200% | $415K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.211% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
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
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
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP