DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.020%

Price spread now: Reya against Lighter−0.048%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.048% cheaper against Lighter than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DOGE	0.1001	0.0096	pay 0.0012% / 1h	4m 18s	$855K	$6.8M	15x
Short	Reya DOGERUSDPERP	0.1001	0.0195	get 0.0024% / 1h	4m 18s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee ReyabpOrdersPrice spread, now −0.048%Rate

Funding earned: $20.89
Price spread: −0.048% → 0.000%: −$4.76
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $10.13
Costs to cover: 0.060%
Break-even: 3.6 days

Slippage unknown: Lighter: live order book, 4 min ago; Reya: no order-book sample. 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 Lighter live order book, 4 min ago	5.34 bp	5.7 bp −$6	8.6 bp −$86	28.3 bp −$2,828	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1000	−0.129%	$598K	$6.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1001	−0.005%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.1001	−0.054%	$5.6M	$40.2M	50x	as long as short
dYdX DOGE-USD	+0.0025%	1h	0.1001	−0.049%	$225K	$69K	10x	as long as short
Polymarket Perps DOGE-USD	+0.0042%	1h	0.1001	−0.089%	$269K	$1.2M	10x	as long as short
Lighter DOGElong	+0.0096%	1h	0.1001	long leg	$855K	$6.8M	15x
Bitget DOGEUSDT	+0.0096%	8h	0.1000	−0.149%	$142.8M	$343.3M	75x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1002	+0.001%	$540K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1001	−0.087%	$4.4M	$58.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1001	−0.064%	$320K	$514K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1001	−0.086%	$328.8M	$1.70B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1001	−0.079%	$165.7M	$519.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1001	−0.039%	$118.1M	$1.19B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09955	−0.600%	$382K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1001	−0.029%	$248.7M	$155.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1001	−0.029%	$112.3M	$257.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	−0.099%	$66.5M	$50.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1002	+0.021%	—	$80.7M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.009%	$315K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	+0.038%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1001	−0.011%	$314K	$139.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1002	+0.011%	$638K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	+0.051%	$150K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1001	−0.009%	$64K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1001	−0.021%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1002	+0.048%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	−0.069%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1002	+0.035%	$5.9M	$68.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1001	−0.099%	$91.9M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1000	−0.104%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1001	−0.052%	$487K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1001	−0.007%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0110%	8h	0.1001	−0.049%	$1K	$527K	10x	as long as short
Hyperliquid DOGE	+0.0114%	1h	0.1002	+0.071%	$124.1M	$116.2M	10x	as long as short
Reya DOGERUSDPERPshort	+0.0195%	1h	0.1001	−0.048%	$2K	—	20x
01 Exchange DOGEUSD	+0.0200%	1h	0.1002	+0.021%	$445	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1001	−0.009%	$15.9M	$27.1M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.1001	−0.049%	$27K	$300K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1000	−0.128%	$18K	$382K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0249%	1h	0.1002	+0.034%	$575K	$252K	25x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0294%	1h	0.1002	+0.002%	$316K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1001	−0.069%	$2.0M	$34.5M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.1002	+0.021%	$405K	$453K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.143%	$6K	$242K	12x	as long as short