Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin+0.183%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days−0.251%−$25 · spread now +0.183%, 7d avg +0.020%
=Together, before fees−0.205%+ Points / potential airdropLighter: Season 3 · farm board−$20 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 0.163% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOGEUSDTM | 0.1022 | 0.0100 | pay 0.0100% / 8h | 3h 17m | $67.2M | $48.3M | 75x |
| Short | Lighter DOGE | 0.1024 | 0.0096 | get 0.0012% / 1h | 17m 22s | $759K | $6.5M | 15x |
KuCoin DOGEUSDTM
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.183% → +0.020%
- $16.31
- Slippage, 4 orders
- −$26.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.62
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Lighter: live order book, 6 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 KuCoin live order book, 7 min ago | 1.94 bp | 12.9 bp −$13 | 23.9 bp −$239 | 51.2 bp −$5,118 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.76 bp | 7.9 bp −$8 | 17.1 bp −$171 | 32.5 bp −$3,249 | 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 | 0.1023 | +0.124% | $691K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1022 | +0.013% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0022% | 1h | 0.1022 | 0.000% | $229K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0071% | 8h | 0.1022 | −0.010% | $133.4M | $316.8M | 75x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.1024 | +0.183% | $759K | $6.5M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1022 | −0.020% | $559K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1022 | +0.040% | $4.9M | $54.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1023 | +0.086% | $326K | $519K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1022 | +0.043% | $336.7M | $1.62B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1022 | +0.020% | $166.9M | $499.7M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
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 | 0.1022 | +0.078% | $116.4M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +0.763% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1022 | 0.000% | $252.7M | $146.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1022 | +0.049% | $116.5M | $245.9M | 300x | as long as short |
| KuCoin DOGEUSDTMlong | +0.0100% | 8h | 0.1022 | long leg | $67.2M | $48.3M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1022 | 0.000% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1022 | −0.010% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1023 | +0.115% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1024 | +0.189% | $329K | $136.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1024 | +0.182% | $645K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1023 | +0.127% | $154K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1021 | −0.059% | $261K | $1.0M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1022 | +0.059% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1023 | +0.103% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1023 | +0.162% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1023 | +0.117% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1023 | +0.135% | $6.0M | $65.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1022 | +0.039% | $93.9M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1022 | +0.041% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1022 | +0.016% | $494K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1023 | +0.117% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0121% | 8h | 0.1022 | +0.049% | $1K | $503K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1021 | −0.037% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1023 | +0.176% | $16.6M | $27.1M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1024 | +0.242% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0246% | 1h | 0.1023 | +0.122% | $5.5M | $39.0M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1022 | +0.017% | $330K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1022 | +0.047% | $455 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0258% | 1h | 0.1023 | +0.148% | $581K | $247K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1024 | +0.196% | $2.1M | $33.5M | 50x | as long as short |
| Hyperliquid DOGE | +0.0477% | 1h | 0.1022 | +0.069% | $127.6M | $110.9M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1023 | +0.117% | $111K | $204K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1023 | +0.103% | $413K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +3.064% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDC
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
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP