Funding you earn now, next payment 03:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.021%
Price spread now: Lighter against BingX+0.183%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.395%+$40 · spread now +0.183%, 7d avg +0.214%
=Together, before fees+0.413%+ Points / potential airdropLighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.031% cheaper against BingX than usual: you would sell low and buy high (spread +0.183% now, against its 7-day average of +0.214%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.018% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4319 | 0.0100 | pay 0.0100% / 8h | 5h 16m | — | $10.0M | — |
| Short | Lighter LDO | 0.4327 | 0.0440 | get 0.0055% / 1h | 16m 08s | $878K | $265K | 10x |
BingX LDO-USDT
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $71.4
- Price spread: +0.183% → +0.214%
- −$3.11
- Slippage, 4 orders
- −$78.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.56
- Costs to cover
- 0.888%
- Break-even
- 9.0 days
Slippage from BingX: live order book, 2 min ago; Lighter: live order book, 44 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 BingX live order book, 2 min ago | 3.47 bp | 14.0 bp −$14 | 25.3 bp −$253 | 203.1 bp −$20.3K | 418.3 bp −$209.1K |
| Sell Lighter live order book, 44 min ago | 9.05 bp | 12.3 bp −$12 | 69.2 bp −$692 | 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 | −0.0512% | 1h | 0.4304 | −0.347% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4320 | +0.023% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.839% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4327 | +0.185% | $917K | $256K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4320 | +0.032% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4319 | +0.005% | $11.8M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4324 | +0.121% | $170K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4324 | +0.112% | $111K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4320 | +0.023% | $18.1M | $31.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4314 | −0.116% | $16.2M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4315 | −0.093% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4322 | +0.069% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4317 | −0.046% | $7.9M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4320 | +0.023% | $2.8M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4320 | +0.023% | $3.4M | $3.2M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4319 | long leg | — | $10.0M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4319 | −0.012% | $94K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4317 | −0.043% | $203K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.142% | $308K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | +0.023% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4324 | +0.120% | $23K | $540K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4424 | +2.431% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4315 | −0.102% | $259K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4319 | +0.011% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0213% | 1h | 0.4320 | +0.023% | $8K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4323 | +0.097% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4320 | +0.013% | $301K | — | 15x | as long as short |
| Lighter LDOshort | +0.0440% | 1h | 0.4327 | +0.183% | $878K | $265K | 10x | |
| Kraken Futures PF_LDOUSD | +0.0572% | 1h | 0.4321 | +0.056% | $1.2M | $678K | 50x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD