Funding you earn now, next payment 07:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.033%
Price spread now: Lighter against KuCoin+0.226%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.226%, 7d avg +0.183%
=Together, before fees+0.241%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.043% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.183%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LDOUSDTM | 0.4206 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $2.7M | $3.4M | 50x |
| Short | Lighter LDO | 0.4215 | 0.0128 | get 0.0016% / 1h | 31m 59s | $850K | $271K | 10x |
KuCoin LDOUSDTM
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $5.88
- Price spread: +0.226% → +0.183%
- $4.26
- Slippage, 4 orders
- −$100.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$102.82
- Costs to cover
- 1.130%
- Break-even
- 129.4 days
Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 2.37 bp | 42.5 bp −$42 | 866.6 bp −$8,666 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 4.26 bp | 10.8 bp −$11 | 42.7 bp −$427 | 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 | −0.0648% | 1h | 0.4193 | −0.309% | $117K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4210 | +0.102% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4209 | +0.071% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.282% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4206 | +0.001% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4209 | +0.083% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4211 | +0.125% | $166K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4210 | +0.095% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4210 | +0.095% | $17.6M | $30.9M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4206 | 0.000% | $15.9M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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 | 0.4208 | +0.048% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4204 | −0.048% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4204 | −0.048% | $6.7M | $6.0M | 200x | as long as short |
| KuCoin LDOUSDTMlong | +0.0100% | 8h | 0.4206 | long leg | $2.7M | $3.4M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4206 | 0.000% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4206 | 0.000% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4207 | +0.029% | $88K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4214 | +0.185% | $197K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4226 | +0.465% | $301K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +0.571% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4211 | +0.112% | $22K | $376K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4307 | +2.401% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4205 | −0.018% | $253K | $1.1M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4209 | +0.079% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0115% | 8h | 0.4215 | +0.214% | $888K | $257K | 75x | as long as short |
| Lighter LDOshort | +0.0128% | 1h | 0.4215 | +0.226% | $850K | $271K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4208 | +0.059% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4205 | −0.015% | $293K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0382% | 1h | 0.4210 | +0.097% | $1.1M | $714K | 50x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
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
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD