Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter+0.020%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$110.113% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.020%, 7d avg −0.010%
=Together, before fees+0.016%+ Points / potential airdropLighter: Season 3 · farm board+$2 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: MEXC is 0.030% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09922 | 0.0096 | pay 0.0012% / 1h | 39m 41s | $729K | $6.2M | 15x |
| Short | MEXC DOGE_USDT | 0.09924 | 0.0100 | get 0.0100% / 8h | 4h 39m | $111.0M | $234.4M | 300x |
Lighter DOGE
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.020% → −0.010%
- $2.97
- Slippage, 4 orders
- −$11.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$7.48
- Costs to cover
- 0.113%
- Break-even
- 69.3 days
Slippage from Lighter: live order book, 13 min ago; MEXC: live order book, 4 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, 13 min ago | 1.26 bp | 3.3 bp −$3 | 6.4 bp −$64 | 20.7 bp −$2,069 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.50 bp | 0.5 bp −$1 | 2.2 bp −$22 | 11.5 bp −$1,154 | 42.0 bp −$21.0K |
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 | −0.0055% | 8h | 0.09915 | −0.071% | $149.9M | $275.2M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09921 | −0.008% | $5.7M | $35.5M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09939 | +0.167% | $394K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09926 | +0.037% | $593K | $118K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09919 | −0.035% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0030% | 1h | 0.09917 | −0.049% | $223K | $49K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0076% | 1h | 0.09924 | +0.019% | $258K | $831K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09922 | long leg | $729K | $6.2M | 15x | |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09936 | +0.141% | $898 | $449K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09935 | +0.131% | $526K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Polymarket Perps DOGE-USD
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09924 | +0.022% | $4.6M | $49.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09948 | +0.262% | $323K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09919 | −0.028% | $317.2M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09908 | −0.141% | $161.0M | $443.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09906 | −0.161% | $111.2M | $992.2M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.373% | $380K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09920 | −0.020% | $243.5M | $133.5M | 75x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09924 | +0.020% | $111.0M | $234.4M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09923 | +0.010% | $65.5M | $43.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09927 | +0.050% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09916 | −0.060% | $311K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09927 | +0.047% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09907 | −0.147% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09876 | −0.464% | $622K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.423% | $144K | $284K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09927 | +0.050% | $70K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09925 | +0.028% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09933 | +0.115% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09922 | 0.000% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09922 | −0.004% | $5.9M | $57.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09920 | −0.020% | $91.2M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09943 | +0.207% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09918 | −0.036% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09927 | +0.050% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0189% | 1h | 0.09929 | +0.067% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09948 | +0.264% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09927 | +0.050% | $15.5M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09909 | −0.128% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09924 | +0.024% | $311K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0270% | 1h | 0.09930 | +0.078% | $120.8M | $100.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09932 | +0.101% | $2.3M | $26.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09958 | +0.363% | $118K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09950 | +0.287% | $402K | $412K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.181% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate 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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP