Funding you earn now, next payment 22:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.004%
Price spread now: Aster against Lighter−0.229%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as 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)+0.135%+$14 · spread now −0.229%, 7d avg −0.122%
=Together, before fees+0.127%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.107% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.122%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4355 | 0.0168 | pay 0.0021% / 1h | 57m 23s | $883K | $263K | 10x |
| Short | Aster LDOUSDT | 0.4345 | 0.0100 | get 0.0100% / 8h | 2h 57m | $171K | $148K | 10x |
Lighter LDO
Aster LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$14.28
- Price spread: −0.229% → −0.122%
- −$10.67
- Slippage, 4 orders
- −$118.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$151.67
- Costs to cover
- 1.267%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 27 min ago; Aster: live order book, 28 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 Lighter live order book, 27 min ago | 6.07 bp | 15.9 bp −$16 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 10.35 bp | 17.8 bp −$18 | doesn't fit | 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 | −0.193% | $118K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0327% | 1h | 0.4345 | −0.229% | $1.1M | $554K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4345 | −0.240% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4343 | −0.285% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.961% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4341 | −0.336% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4348 | −0.181% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDTshort | +0.0100% | 8h | 0.4345 | −0.229% | $171K | $148K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4344 | −0.255% | $112K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4342 | −0.296% | $18.1M | $38.2M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4339 | −0.377% | $16.8M | $13.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4337 | −0.422% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4343 | −0.285% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4342 | −0.308% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4343 | −0.285% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4338 | −0.400% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4341 | −0.331% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4344 | −0.264% | $87K | $185K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4349 | −0.157% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4348 | −0.170% | $304K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | −0.124% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4345 | −0.243% | $26K | $716K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4443 | +2.011% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4339 | −0.388% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4342 | −0.308% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0123% | 8h | 0.4347 | −0.193% | $798K | $230K | 75x | as long as short |
| Lighter LDOlong | +0.0168% | 1h | 0.4355 | long leg | $883K | $263K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4343 | −0.277% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4339 | −0.374% | $303K | — | 15x | as long as short |
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
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP