Funding you earn now, next payment 02:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.030%
Price spread now: Lighter against Bitget+0.147%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.147%, 7d avg +0.083%
=Together, before fees+0.057%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.064% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.083%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% 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 | Bitget DOGEUSDT | 0.1004 | −0.0095 | get 0.0095% / 8h | 6h 04m | $152.2M | $273.0M | 75x |
| Short | Lighter DOGE | 0.1006 | 0.0096 | get 0.0012% / 1h | 4m 40s | $828K | $6.1M | 15x |
Bitget DOGEUSDT
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $40.11
- Price spread: +0.147% → +0.083%
- $6.44
- Slippage, 4 orders
- −$18.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.86
- Costs to cover
- 0.307%
- Break-even
- 4.2 days
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 3 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 Bitget live order book, 4 min ago | 0.50 bp | 8.0 bp −$8 | 13.8 bp −$138 | 26.4 bp −$2,636 | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.35 bp | 10.4 bp −$10 | 20.4 bp −$204 | 38.5 bp −$3,851 | 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 DOGEUSDTlong | −0.0095% | 8h | 0.1004 | long leg | $152.2M | $273.0M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.296% | $392K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1003 | −0.128% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1004 | −0.010% | $225K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.1003 | −0.128% | $5.8M | $34.5M | 50x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.1006 | +0.147% | $828K | $6.1M | 15x | |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.1004 | −0.010% | $1K | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.159% | $536K | $987K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.069% | $4.7M | $48.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.058% | $330K | $503K | 20x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.059% | $319.9M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.050% | $159.8M | $437.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1005 | +0.110% | $111.3M | $988.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1006 | +0.169% | $129K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | −0.251% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.030% | $243.8M | $133.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1005 | +0.050% | $114.3M | $232.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1004 | +0.040% | $66.5M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.070% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1002 | −0.189% | $345K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.251% | $999K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09999 | −0.418% | $294K | $129.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09943 | −0.979% | $631K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.408% | $146K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1003 | −0.110% | $258K | $644K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.110% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.116% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.220% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | −0.100% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.113% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.129% | $92.4M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1005 | +0.062% | $563K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | −0.095% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0107% | 8h | 0.1004 | +0.007% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0109% | 1h | 0.1003 | −0.084% | $599K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.1003 | −0.083% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1005 | +0.061% | $536 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1003 | −0.060% | $2.1M | $25.6M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09990 | −0.507% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1003 | −0.115% | $312K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.1005 | +0.084% | $405K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0692% | 1h | 0.1004 | +0.030% | $122.7M | $98.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1006 | +0.189% | $5K | $239K | 12x | as long as short |
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
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
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