Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.040%
Price spread now: Lighter against Extended+0.243%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.243%, 7d avg +0.273%
=Together, before fees+0.178%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.030% cheaper against Extended than usual: you would sell low and buy high (spread +0.243% now, against its 7-day average of +0.273%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4168 | 0.0104 | pay 0.0013% / 1h | 58m 44s | $252K | $1.4M | 25x |
| Short | Lighter LDO | 0.4178 | 0.0136 | get 0.0017% / 1h | 58m 44s | $843K | $243K | 10x |
Extended LDO-USD
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $6.72
- Price spread: +0.243% → +0.273%
- −$2.96
- Slippage, 4 orders
- −$63.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$64.59
- Costs to cover
- 0.684%
- Break-even
- 74.3 days
Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 49 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 Extended live order book, 3 min ago | 3.60 bp | 16.5 bp −$16 | 113.9 bp −$1,139 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 49 min ago | 7.96 bp | 9.2 bp −$9 | 48.0 bp −$480 | doesn't fit | doesn't fit |
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0384% | 1h | 0.4143 | −0.597% | $114K | $47K | 50x | as long as short |
| Backpack LDO_USDC_PERP | −0.0011% | 1h | 0.4169 | +0.034% | $87K | $173K | 10x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4177 | +0.217% | $80K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4171 | +0.075% | $7K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.389% | $4K | $10 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4165 | −0.078% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4173 | +0.113% | $11.4M | $2.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4173 | +0.132% | $164K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4170 | +0.058% | $105K | $7K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4169 | +0.026% | $17.5M | $30.8M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Backpack LDO_USDC_PERP
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4166 | −0.045% | $16.0M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4166 | −0.045% | $4.0M | $6.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4172 | +0.099% | $1.6M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4169 | +0.027% | $6.3M | $5.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4171 | +0.075% | $2.6M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4168 | +0.003% | $3.2M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4168 | +0.003% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4164 | −0.092% | $198K | $51K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4178 | +0.247% | $294K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4170 | +0.051% | $31K | $632K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4172 | +0.099% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4269 | +2.426% | $1K | $1.1M | 20x | as long as short |
| BloFin LDO-USDT | +0.0103% | 8h | 0.4174 | +0.147% | $883K | $267K | 75x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4168 | long leg | $252K | $1.4M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4173 | +0.111% | $37K | — | 3x | as long as short |
| Lighter LDOshort | +0.0136% | 1h | 0.4178 | +0.243% | $843K | $243K | 10x | |
| Reya LDORUSDPERP | +0.0349% | 1h | 0.4169 | +0.028% | $291K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0362% | 1h | 0.4173 | +0.120% | $1.0M | $743K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0385% / S −0.0308% | 1h | 0.4172 | +0.091% | $29K | — | 100x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Aevo LDO-PERP
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]