Funding you earn now, next payment 22:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.004%
Price spread now: Gate against Lighter−0.420%7-day average −0.208% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now −0.420%, 7d avg −0.208%
=Together, before fees−0.305%+ Points / potential airdropLighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.212% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.208%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4354 | 0.0128 | pay 0.0016% / 1h | 54m 43s | $882K | $263K | 10x |
| Short | Gate LDO_USDT | 0.4336 | 0.0100 | get 0.0100% / 8h | 2h 54m | $1.4M | $1.1M | 50x |
Lighter LDO
Gate LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.88
- Price spread: −0.420% → −0.208%
- −$21.24
- Slippage, 4 orders
- −$57.06
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.18
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 30 min ago; Gate: live order book, 3 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, 30 min ago | 6.07 bp | 15.9 bp −$16 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.61 bp | 25.2 bp −$25 | 134.6 bp −$1,346 | 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 | −0.168% | $118K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0327% | 1h | 0.4349 | −0.113% | $1.1M | $554K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4345 | −0.215% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4348 | −0.145% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.936% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0096% | 8h | 0.4346 | −0.191% | $799K | $230K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4336 | −0.410% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4345 | −0.214% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4345 | −0.208% | $171K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4343 | −0.264% | $111K | $182K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4340 | −0.318% | $18.1M | $37.9M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4338 | −0.374% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4332 | −0.512% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4336 | −0.420% | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4339 | −0.351% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4342 | −0.282% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4334 | −0.466% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4336 | −0.420% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4347 | −0.170% | $87K | $185K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4340 | −0.317% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4341 | −0.311% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | −0.328% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4347 | −0.168% | $26K | $692K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4442 | +2.014% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4333 | −0.488% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4347 | −0.176% | $38K | — | 3x | as long as short |
| Lighter LDOlong | +0.0128% | 1h | 0.4354 | long leg | $882K | $263K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4346 | −0.180% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4343 | −0.262% | $303K | — | 15x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP