Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Bulk−0.009%7-day average +0.038% · 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−$37as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.009%, 7d avg +0.038%
=Together, before fees+0.065%+ Points / potential airdropLighter: Season 3 · farm board+$7 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 0.047% cheaper against Bulk than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.09918 | 0.0100 | pay 0.0013% / 1h | 19m 42s | $379K | $16K | 10x |
| Short | Lighter DOGE | 0.09917 | 0.0096 | get 0.0012% / 1h | 19m 42s | $828K | $6.9M | 15x |
Bulk DOGE-USD
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bulk. 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: −0.009% → +0.038%
- −$4.72
- Slippage, 4 orders
- −$25.19
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.76
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 19 min ago; Lighter: live order book, 14 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 Bulk live order book, 19 min ago | 5.03 bp | 8.5 bp −$9 | 8.5 bp −$85 | 14.0 bp −$1,402 | 26.7 bp −$13.3K |
| Sell Lighter live order book, 14 min ago | 4.34 bp | 7.4 bp −$7 | 14.2 bp −$142 | 29.7 bp −$2,972 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09903 | −0.152% | $5.5M | $40.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09899 | −0.193% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09903 | −0.156% | $35K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0003% | 1h | 0.09910 | −0.081% | $223K | $63K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0006% | 8h | 0.09906 | −0.125% | $140.5M | $347.7M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0023% | 1h | 0.09898 | −0.208% | $258K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.167% | $6K | $242K | 12x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09917 | −0.009% | $828K | $6.9M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09897 | −0.210% | $535K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09918 | −0.005% | $123.5M | $117.3M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
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 | 0.09911 | −0.079% | $4.5M | $59.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09910 | −0.083% | $322K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09911 | −0.074% | $327.3M | $1.73B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09907 | −0.115% | $163.9M | $526.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09913 | −0.054% | $115.2M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09915 | −0.034% | $16K | $311K | 10x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.09918 | long leg | $379K | $16K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09911 | −0.074% | $249.0M | $158.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09913 | −0.054% | $117.2M | $259.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09911 | −0.074% | $66.2M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09906 | −0.125% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09906 | −0.125% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09880 | −0.389% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09892 | −0.264% | $300K | $139.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09892 | −0.267% | $623K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −0.286% | $141K | $345K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09900 | −0.185% | $71K | $473K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09900 | −0.184% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09901 | −0.171% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09904 | −0.145% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09905 | −0.139% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09905 | −0.135% | $90.6M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09911 | −0.072% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09909 | −0.096% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09903 | −0.160% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09912 | −0.064% | $828 | $542K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0144% | 1h | 0.09906 | −0.127% | $569K | $257K | 25x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09907 | −0.114% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0200% | 1h | 0.09896 | −0.223% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09906 | −0.125% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09890 | −0.286% | $15.4M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09923 | +0.051% | $441 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09902 | −0.163% | $312K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09922 | +0.040% | $404K | $461K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
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
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC