Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.018%
Price spread now: Variational Omni against Lighter−0.313%7-day average −0.221% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.347%+$35 · spread now −0.313%, 7d avg −0.221%
=Together, before fees+0.321%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.092% cheaper against Lighter than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.221%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4332 | 0.0096 | pay 0.0012% / 1h | 47m 20s | $878K | $264K | 10x |
| Short | Variational Omni LDO | 0.4319 | 0.0100 | get 0.0100% / 8h | 2h 47m | $202K | $119K | — |
Lighter LDO
Variational Omni LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0.84
- Price spread: −0.313% → −0.221%
- −$9.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.36
- Costs to cover
- 0.000%
- Break-even
- 76.6 days
Slippage unknown: Lighter: live order book, 37 min ago; Variational Omni: RFQ quote, 41 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, 37 min ago | 6.07 bp | 15.9 bp −$16 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 41 min ago | 5.72 bp | doesn't fit | 35.5 bp −$355 | 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 | 0.4325 | −0.164% | $117K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0329% | 1h | 0.4324 | −0.176% | $1.1M | $557K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0213% | 1h | 0.4321 | −0.256% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4328 | −0.095% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.433% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0082% | 8h | 0.4328 | −0.095% | $795K | $229K | 75x | as long as short |
| Lighter LDOlong | +0.0096% | 1h | 0.4332 | long leg | $878K | $264K | 10x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4325 | −0.171% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4323 | −0.217% | $11.9M | $3.5M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4324 | −0.187% | $170K | $144K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4328 | −0.106% | $111K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4321 | −0.263% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4319 | −0.302% | $16.8M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4319 | −0.302% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4317 | −0.349% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4319 | −0.302% | $8.8M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4320 | −0.279% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4316 | −0.372% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4318 | −0.325% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4334 | +0.032% | $89K | $186K | 10x | as long as short |
| Variational Omni LDOshort | +0.0100% | 8h | 0.4319 | −0.313% | $202K | $119K | — | |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4327 | −0.122% | $310K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.279% | $35K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4322 | −0.229% | $34K | $696K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4423 | +2.098% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4318 | −0.334% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4321 | −0.256% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4321 | −0.250% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4318 | −0.316% | $301K | — | 15x | as long as short |
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
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