Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Nado+0.100%7-day average +0.061% · 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−$21as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.100%, 7d avg +0.061%
=Together, before fees−0.196%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$20 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: Lighter is 0.039% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DOGE-PERP | 0.09828 | 0.0100 | pay 0.0012% / 1h | 48m 27s | $508K | $1.1M | 10x |
| Short | Lighter DOGE | 0.09837 | 0.0096 | get 0.0012% / 1h | 48m 27s | $818K | $6.4M | 15x |
Nado DOGE-PERP
Lighter DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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: +0.100% → +0.061%
- $3.91
- Slippage, 4 orders
- −$18.04
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.98
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Lighter: live order book, 8 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 Nado live order book, 3 min ago | 0.51 bp | 7.0 bp −$7 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 3.04 bp | 5.4 bp −$5 | 11.9 bp −$119 | 30.8 bp −$3,077 | doesn't fit |
DOGE on 43 exchanges
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 | −0.0139% | 1h | 0.09843 | +0.154% | $5.3M | $39.5M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0041% | 8h | 0.09817 | −0.107% | $138.9M | $305.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09831 | +0.034% | $524K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09843 | +0.154% | $33K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0004% | 1h | 0.09841 | +0.132% | $551K | $292K | 25x | as long as short |
| Bybit DOGEUSDT | +0.0016% | 8h | 0.09819 | −0.086% | $165.5M | $493.0M | 75x | as long as short |
| Gate DOGE_USDT | +0.0028% | 8h | 0.09825 | −0.025% | $252.4M | $144.0M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.148% | $6K | $240K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09839 | +0.120% | $18K | $311K | 10x | as long as short |
| Lighter DOGEshort | +0.0096% | 1h | 0.09837 | +0.100% | $818K | $6.4M | 15x |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Bybit DOGEUSDT
Gate DOGE_USDT
Injective DOGE/USDC PERP
Phoenix DOGEShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09828 | +0.005% | $942 | $539K | 10x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09828 | long leg | $508K | $1.1M | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09827 | −0.004% | $4.9M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09831 | +0.034% | $313K | $436K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09823 | −0.050% | $325.1M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09826 | −0.015% | $118.1M | $1.10B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09830 | +0.025% | $16K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09860 | +0.331% | $376K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09829 | +0.015% | $113.3M | $247.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09832 | +0.046% | $65.0M | $45.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09824 | −0.036% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09840 | +0.127% | $307K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09820 | −0.076% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09825 | −0.030% | $264K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09845 | +0.179% | $620K | $3.8M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09830 | +0.025% | $138K | $344K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09821 | −0.070% | $236K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09837 | +0.097% | $68K | $414K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09834 | +0.065% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09840 | +0.127% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09840 | +0.127% | $5.9M | $64.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09841 | +0.137% | $89.9M | $15.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09826 | −0.015% | $18K | $5K | 30x | as long as short |
| Hyperliquid DOGE | +0.0103% | 1h | 0.09832 | +0.046% | $122.0M | $108.0M | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09823 | −0.043% | $483K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09838 | +0.105% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0136% | 1h | 0.09827 | −0.004% | $452 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0206% | 1h | 0.09823 | −0.046% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0184% | 1h | 0.09831 | +0.034% | $285K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09841 | +0.137% | $15.5M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09842 | +0.148% | $2.2M | $32.9M | 50x | as long as short |
| dYdX DOGE-USD | +0.0374% | 1h | 0.09831 | +0.034% | $231K | $75K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09831 | +0.032% | $408K | $402K | 10x | as long as short |
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD
RISEx DOGE/USDC