Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Arcus against Lighter+0.155%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.155%, 7d avg −0.033%
=Together, before fees−0.212%+ Points / potential airdropLighter: Season 3 · farm board−$21 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: Arcus is 0.188% dearer against Lighter than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09879 | 0.0096 | pay 0.0012% / 1h | 42m 16s | $757K | $5.9M | 15x |
| Short | Arcus DOGE-USD | 0.09894 | 0.0100 | get 0.0013% / 1h | 42m 16s | $127K | $182K | 10x |
Lighter DOGE
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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: +0.155% → −0.033%
- $18.8
- Slippage, 4 orders
- −$28.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$13.75
- Costs to cover
- 0.334%
- Break-even
- 121.6 days
Slippage from Lighter: live order book, 11 min ago; Arcus: live order book, 22 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 Lighter live order book, 11 min ago | 2.16 bp | 9.6 bp −$10 | 16.4 bp −$164 | 29.8 bp −$2,983 | doesn't fit |
| Sell Arcus live order book, 22 min ago | 3.00 bp | 6.8 bp −$7 | 22.3 bp −$223 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0135% | 8h | 0.09878 | −0.007% | $149.9M | $273.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09874 | −0.048% | $378K | $5.0M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09870 | −0.092% | $590K | $119K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09866 | −0.132% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0033% | 1h | 0.09878 | −0.004% | $222K | $59K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09865 | −0.139% | $5.8M | $34.0M | 50x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09879 | long leg | $757K | $5.9M | 15x | |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09881 | +0.023% | $2K | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09883 | +0.049% | $485K | $976K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09881 | +0.020% | $4.6M | $48.0M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09886 | +0.077% | $327K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09874 | −0.046% | $313.7M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09884 | +0.054% | $156.6M | $442.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09887 | +0.084% | $108.4M | $968.8M | 50x | as long as short |
| Arcus DOGE-USDshort | +0.0100% | 1h | 0.09894 | +0.155% | $127K | $182K | 10x | |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +1.125% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09880 | +0.013% | $239.5M | $130.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09883 | +0.044% | $111.5M | $226.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09876 | −0.027% | $64.8M | $42.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09890 | +0.114% | — | $76.6M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09882 | +0.033% | $349K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09951 | +0.731% | $969K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09983 | +1.057% | $268K | $127.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09944 | +0.662% | $635K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +1.025% | $146K | $275K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09880 | +0.011% | $254K | $641K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09869 | −0.098% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09870 | −0.084% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09871 | −0.076% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09870 | −0.088% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09867 | −0.123% | $5.9M | $54.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09875 | −0.037% | $91.1M | $17.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09869 | −0.102% | $523K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09871 | −0.076% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0116% | 8h | 0.09882 | +0.032% | $18K | $7K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09884 | +0.057% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09887 | +0.081% | $527 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09978 | +1.005% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09869 | −0.098% | $2.0M | $24.7M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09962 | +0.843% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09868 | −0.105% | $307K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09886 | +0.074% | $318K | $406K | 10x | as long as short |
| Hyperliquid DOGE | +0.0688% | 1h | 0.09898 | +0.194% | $120.3M | $97.0M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | +1.025% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP