Funding you earn now, next payment 07:00 UTC+0.0530%/8h= +58.0% APRnext payment +$0.66 per $10,000 · paid last 24h +0.167%
Price spread now: RISEx against Lighter−0.126%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 4 days (all we have)+0.374%+$37 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.126%, 7d avg −0.001%
=Together, before fees+0.450%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.124% cheaper against Lighter than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.001%). If the spread goes back, that is −$12 on $10k: about 19 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.1004 | 0.0096 | pay 0.0012% / 1h | 26m 14s | $849K | $6.8M | 15x |
| Short | RISEx DOGE/USDC | 0.1003 | 0.0626 | get 0.0078% / 1h | 26m 14s | $404K | $458K | 10x |
Lighter DOGE
RISEx DOGE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $111.22
- Price spread: −0.126% → −0.001%
- −$12.45
- Slippage, 4 orders
- −$14.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $78.3
- Costs to cover
- 0.205%
- Break-even
- 2.1 days
Slippage from Lighter: live order book, 12 min ago; RISEx: live order book, 17 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, 12 min ago | 1.60 bp | 3.0 bp −$3 | 9.0 bp −$90 | 21.4 bp −$2,139 | doesn't fit |
| Sell RISEx live order book, 17 min ago | 4.01 bp | 7.0 bp −$7 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0082% | 1h | 0.1003 | −0.066% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1002 | −0.196% | $225K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.332% | $613K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1002 | −0.225% | $36K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +4.898% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0043% | 1h | 0.1002 | −0.222% | $267K | $1.2M | 10x | as long as short |
| Bitget DOGEUSDT | +0.0060% | 8h | 0.1002 | −0.212% | $142.3M | $344.3M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09997 | −0.414% | $18K | $382K | 10x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.1004 | long leg | $849K | $6.8M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.247% | $541K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Bitget DOGEUSDT
Phoenix DOGE
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 | 0.1003 | −0.082% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | −0.217% | $321K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.047% | $330.4M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.103% | $166.0M | $520.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.172% | $117.8M | $1.21B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.481% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.232% | $250.5M | $156.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.152% | $111.4M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.172% | $66.7M | $50.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −0.312% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.332% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.543% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09994 | −0.439% | $303K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | −0.501% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.382% | $150K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | −0.192% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.714% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.108% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | −0.103% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.179% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.083% | $92.1M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1002 | −0.214% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | −0.171% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | −0.176% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0108% | 8h | 0.1002 | −0.202% | $837 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0131% | 1h | 0.1003 | −0.083% | $124.5M | $116.5M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.1002 | −0.184% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.282% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1003 | −0.043% | $1.9M | $35.0M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.1001 | −0.312% | $315K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1003 | −0.076% | $446 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0329% | 1h | 0.1002 | −0.138% | $575K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.1002 | −0.192% | $19K | $306K | 10x | as long as short |
| RISEx DOGE/USDCshort | +0.0626% | 1h | 0.1003 | −0.126% | $404K | $458K | 10x |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC 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
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD