Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Lighter−0.088%7-day average −0.045% · 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−$27as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 3 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.088%, 7d avg −0.045%
=Together, before fees+0.039%+ Points / potential airdropLighter: Season 3 · farm board+$4 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: SoDEX is 0.042% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DOGE | 0.09907 | 0.0096 | pay 0.0012% / 1h | 5m 00s | $826K | $6.9M | 15x |
| Short | SoDEX DOGE-USD | 0.09898 | 0.0100 | get 0.0013% / 1h | 5m 00s | $2K | $5.5M | 10x |
Lighter DOGE
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.088% → −0.045%
- −$4.23
- Slippage, 4 orders
- −$14.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$25.77
- Costs to cover
- 0.224%
- Break-even
- 221.8 days
Slippage from Lighter: live order book, 3 min ago; SoDEX: 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, 3 min ago | 3.73 bp | 6.7 bp −$7 | 10.6 bp −$106 | 29.6 bp −$2,958 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.50 bp | 4.5 bp −$5 | 8.2 bp −$82 | 149.2 bp −$14.9K | 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 | −0.0060% | 1h | 0.09901 | −0.062% | $5.5M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0003% | 8h | 0.09889 | −0.179% | $140.2M | $347.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09896 | −0.103% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09898 | −0.090% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.292% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0034% | 1h | 0.09898 | −0.090% | $258K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0040% | 1h | 0.09896 | −0.108% | $222K | $63K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0093% | 1h | 0.09903 | −0.034% | $569K | $262K | 25x | as long as short |
| Lighter DOGElong | +0.0096% | 1h | 0.09907 | long leg | $826K | $6.9M | 15x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.032% | $536K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09908 | +0.016% | $123.4M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09897 | −0.095% | $5.0M | $59.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09896 | −0.111% | $321K | $507K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09897 | −0.098% | $326.9M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09893 | −0.138% | $163.8M | $525.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09896 | −0.108% | $115.2M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09906 | −0.007% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | +0.033% | $378K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09891 | −0.158% | $249.1M | $159.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09896 | −0.108% | $117.0M | $259.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09896 | −0.108% | $66.0M | $49.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09896 | −0.108% | — | $54.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09901 | −0.058% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09890 | −0.167% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09904 | −0.024% | $300K | $139.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09904 | −0.026% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.033% | $142K | $346K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09900 | −0.068% | $71K | $478K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09907 | +0.001% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09905 | −0.015% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09898 | −0.088% | $2K | $5.5M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09899 | −0.077% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09899 | −0.078% | $90.5M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09893 | −0.136% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09892 | −0.153% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09900 | −0.063% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09907 | +0.003% | $1K | $541K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09904 | −0.027% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09900 | −0.072% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09909 | +0.023% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09896 | −0.108% | $15.4M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09910 | +0.034% | $441 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0377% / S −0.0750% | 1h | 0.09897 | −0.093% | $616K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09911 | +0.043% | $399K | $456K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC