Funding you earn now, next payment 22:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.004%
Price spread now: Lighter against Aster+0.162%7-day average +0.122% · 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−$123as in the Price arb table
costs, in and out, $10k−$1271.267% of the position
Funding, last 5 days (all we have)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.162%, 7d avg +0.122%
=Together, before fees−0.061%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LDOUSDT | 0.4348 | 0.0100 | pay 0.0100% / 8h | 2h 58m | $171K | $148K | 10x |
| Short | Lighter LDO | 0.4355 | 0.0208 | get 0.0026% / 1h | 58m 13s | $883K | $263K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $22.68
- Price spread: +0.162% → +0.122%
- $4.05
- Slippage, 4 orders
- −$118.72
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100
- Costs to cover
- 1.267%
- Break-even
- 37.9 days
Slippage from Aster: live order book, 28 min ago; Lighter: live order book, 27 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 Aster live order book, 28 min ago | 10.35 bp | 86.9 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 27 min ago | 6.07 bp | 6.1 bp −$6 | 40.4 bp −$404 | doesn't fit | doesn't fit |
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0688% | 1h | 0.4347 | −0.029% | $118K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0327% | 1h | 0.4345 | −0.065% | $1.1M | $554K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4350 | +0.041% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4345 | −0.075% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.799% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4344 | −0.091% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4350 | +0.045% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4348 | long leg | $171K | $148K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4349 | +0.021% | $112K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4342 | −0.136% | $18.1M | $38.2M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4344 | −0.098% | $16.8M | $13.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4339 | −0.213% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4344 | −0.098% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4346 | −0.052% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4346 | −0.052% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4345 | −0.075% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4344 | −0.098% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4350 | +0.043% | $87K | $187K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4349 | +0.007% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | −0.096% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | +0.040% | $35K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4348 | −0.010% | $26K | $716K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4442 | +2.156% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4340 | −0.190% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4344 | −0.093% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0123% | 8h | 0.4347 | −0.029% | $798K | $230K | 75x | as long as short |
| Lighter LDOshort | +0.0208% | 1h | 0.4355 | +0.162% | $883K | $263K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4345 | −0.068% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4342 | −0.141% | $303K | — | 15x | as long as short |
Aster LDOUSDT
Lighter LDO
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]