Funding you earn now, next payment 06:00 UTC−0.1121%/8h= −122.7% APRnext payment −$1.40 per $10,000 · paid last 24h −0.213%
Price spread now: Lighter against Injective−6.112%7-day average −0.154% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.510%−$151 on $10k
+Price spread, last 4 days (all we have)+6.251%+$625 · spread now −6.112%, 7d avg −0.154%
=Together, before fees+4.741%+ Points / potential airdropLighter: Season 3 · farm board+$474 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Lighter is 5.958% cheaper against Injective than usual: you would sell low and buy high (−$596 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOGE/USDC PERP | 0.1053 | 0.1217 | pay 0.0152% / 1h | 29m 03s | $6K | $242K | 12x |
| Short | Lighter DOGE | 0.09886 | 0.0096 | get 0.0012% / 1h | 29m 03s | $843K | $6.8M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- −$235.31
- Price spread: −6.112% → −0.154%
- −$595.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$831.16
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 85 min ago; Lighter: live order book, 4 min ago. 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 Injective live order book, 85 min ago | 38.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.26 bp | 5.3 bp −$5 | 16.8 bp −$168 | 37.1 bp −$3,711 | 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 | 0.09890 | −6.078% | $640K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09886 | −6.119% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09881 | −6.165% | $5.6M | $39.9M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0029% | 1h | 0.09885 | −6.121% | $267K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0045% | 1h | 0.09878 | −6.189% | $222K | $70K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09886 | −6.112% | $843K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09891 | −6.064% | $535K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09877 | −6.205% | $4.4M | $57.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09888 | −6.099% | $316K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09876 | −6.211% | $322.5M | $1.68B | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09871 | −6.258% | $162.1M | $516.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09875 | −6.220% | $114.5M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | −5.983% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09875 | −6.220% | $246.0M | $151.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09879 | −6.182% | $109.6M | $253.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09887 | −6.106% | $65.5M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09869 | −6.277% | $132.6M | $332.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09877 | −6.201% | — | $80.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09876 | −6.211% | $297K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09877 | −6.202% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09887 | −6.109% | $304K | $138.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09882 | −6.154% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −6.078% | $147K | $339K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09882 | −6.154% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09882 | −6.150% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09886 | −6.117% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09882 | −6.154% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09885 | −6.128% | $5.9M | $67.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09879 | −6.182% | $90.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09883 | −6.149% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09882 | −6.155% | $482K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09885 | −6.130% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0110% | 1h | 0.09883 | −6.144% | $122.9M | $115.0M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09895 | −6.030% | $2K | $524K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09900 | −5.986% | $440 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09890 | −6.079% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09886 | −6.116% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09906 | −5.926% | $107K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09885 | −6.124% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0286% | 1h | 0.09887 | −6.104% | $316K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0256% | 1h | 0.09889 | −6.085% | $562K | $247K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09887 | −6.106% | $1.9M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09901 | −5.969% | $399K | $442K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.1217% | 1h | 0.1053 | long leg | $6K | $242K | 12x |
Injective DOGE/USDC PERP
Lighter DOGE
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Hyperliquid DOGE
Katana Perps DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC