Funding you earn now, next payment 02:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.019%
Price spread now: SunX against Lighter+2.304%7-day average +2.121% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 3 days (all we have)−0.171%−$17 · spread now +2.304%, 7d avg +2.121%
=Together, before fees−0.186%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.183% dearer against Lighter than usual: you sell high and buy low (spread +2.304% now, against its 7-day average of +2.121%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.015% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4315 | 0.0272 | pay 0.0034% / 1h | 24m 39s | $876K | $268K | 10x |
| Short | SunX LDO-USDT | 0.4414 | 0.0100 | get 0.0100% / 8h | 6h 24m | $2K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$36.12
- Price spread: +2.304% → +2.121%
- $18.29
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$25.83
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 40 min ago; SunX: live order book, 9 min ago. Net counts fees only.
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, 40 min ago | 6.34 bp | 30.9 bp −$31 | 66.2 bp −$662 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 253.96 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LDO on 28 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 | −0.0416% | 1h | 0.4289 | −0.593% | $119K | $44K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4303 | −0.263% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4301 | −0.315% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.742% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4297 | −0.418% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4307 | −0.185% | $11.8M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4306 | −0.193% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4304 | −0.252% | $110K | $159K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4300 | −0.340% | $18.0M | $33.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4296 | −0.431% | $16.1M | $11.0M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4296 | −0.431% | $4.1M | $7.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4303 | −0.269% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4302 | −0.292% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4304 | −0.246% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4300 | −0.338% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4301 | −0.315% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4299 | −0.373% | $89K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4300 | −0.343% | $202K | $71K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4299 | −0.362% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | −0.570% | $33K | $642K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4306 | −0.202% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDTshort | +0.0100% | 8h | 0.4414 | +2.304% | $2K | $1.3M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4297 | −0.400% | $261K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4301 | −0.304% | $38K | — | 3x | as long as short |
| Lighter LDOlong | +0.0272% | 1h | 0.4315 | long leg | $876K | $268K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4302 | −0.281% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4301 | −0.318% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0559% | 1h | 0.4304 | −0.252% | $1.2M | $778K | 50x | as long as short |
Lighter LDO
SunX LDO-USDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
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
Extended LDO-USD
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD