Funding you earn now, next payment 06:00 UTC−0.0590%/8h= −64.6% APRnext payment −$0.74 per $10,000 · paid last 24h −0.166%
Price spread now: Lighter against RISEx−0.022%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 4 days (all we have)−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.022%, 7d avg +0.001%
=Together, before fees−0.325%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Lighter is 0.023% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx DOGE/USDC | 0.09996 | 0.0686 | pay 0.0086% / 1h | 45m 26s | $403K | $440K | 10x |
| Short | Lighter DOGE | 0.09993 | 0.0096 | get 0.0012% / 1h | 45m 26s | $742K | $6.5M | 15x |
RISEx DOGE/USDC
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against RISEx. 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
- −$123.92
- Price spread: −0.022% → +0.001%
- −$2.26
- Slippage, 4 orders
- −$21.31
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$153.49
- Costs to cover
- 0.273%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Lighter: live order book, 8 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 RISEx live order book, 3 min ago | 2.50 bp | 5.5 bp −$6 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.85 bp | 8.7 bp −$9 | 14.2 bp −$142 | 36.6 bp −$3,663 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.09997 | +0.012% | $224K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09971 | −0.246% | $644K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09981 | −0.149% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09967 | −0.283% | $5.5M | $39.6M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0008% | 1h | 0.09985 | −0.109% | $266K | $1.2M | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09993 | −0.022% | $742K | $6.5M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09990 | −0.050% | $541K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.057% | $4.5M | $56.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09995 | −0.005% | $320K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.102% | $325.5M | $1.66B | 75x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09977 | −0.185% | $162.7M | $512.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09978 | −0.175% | $115.0M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1000 | +0.049% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09992 | −0.035% | $246.8M | $149.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09992 | −0.035% | $114.0M | $250.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09993 | −0.025% | $66.4M | $49.2M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09988 | −0.075% | $131.4M | $326.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09973 | −0.225% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09978 | −0.175% | $309K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09959 | −0.368% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | −0.134% | $312K | $138.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09977 | −0.185% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.155% | $149K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09976 | −0.195% | $64K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09962 | −0.335% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09968 | −0.273% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09967 | −0.285% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09963 | −0.329% | $5.9M | $67.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09970 | −0.255% | $91.7M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09993 | −0.022% | $18K | $5K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0101% | 1h | 0.09967 | −0.280% | $566K | $248K | 25x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09986 | −0.091% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09965 | −0.302% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0114% | 8h | 0.09988 | −0.075% | $1K | $517K | 10x | as long as short |
| Hyperliquid DOGE | +0.0131% | 1h | 0.09999 | +0.034% | $124.7M | $114.2M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09994 | −0.017% | $444 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09990 | −0.058% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09979 | −0.165% | $16.0M | $26.9M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1000 | +0.055% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09981 | −0.143% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0288% | 1h | 0.09961 | −0.345% | $322K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09967 | −0.285% | $2.0M | $33.8M | 50x | as long as short |
| RISEx DOGE/USDClong | +0.0686% | 1h | 0.09996 | long leg | $403K | $440K | 10x | |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.347% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Injective DOGE/USDC PERP