Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.024%
Price spread now: Lighter against MEXC+0.044%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now +0.044%, 7d avg +0.185%
=Together, before fees+0.500%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.140% cheaper against MEXC than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.185%). If the spread goes back, that is −$14 on $10k: about 3.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.119% in total) that is about 8.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LDO_USDT | 0.4278 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $7.7M | $6.5M | 200x |
| Short | Lighter LDO | 0.4280 | 0.0224 | get 0.0028% / 1h | 25m 31s | $870K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $26.04
- Price spread: +0.044% → +0.185%
- −$14.05
- Slippage, 4 orders
- −$31.86
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.87
- Costs to cover
- 0.319%
- Break-even
- 12.3 days
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 30 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 MEXC live order book, 2 min ago | 1.17 bp | 6.3 bp −$6 | 12.1 bp −$121 | 89.7 bp −$8,973 | 153.4 bp −$76.7K |
| Sell Lighter live order book, 30 min ago | 4.09 bp | 7.9 bp −$8 | 36.2 bp −$362 | 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 | −0.0416% | 1h | 0.4270 | −0.187% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4271 | −0.159% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4273 | −0.117% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.927% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4268 | −0.225% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4280 | +0.047% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4273 | −0.106% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4272 | −0.131% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4278 | −0.012% | $18.0M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4276 | −0.047% | $16.1M | $10.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4276 | −0.047% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4272 | −0.140% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDTlong | +0.0100% | 8h | 0.4278 | long leg | $7.7M | $6.5M | 200x | |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4279 | +0.023% | $2.7M | $3.7M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4277 | −0.023% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4273 | −0.117% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4271 | −0.154% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4269 | −0.217% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4274 | −0.096% | $301K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.187% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4280 | +0.044% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4368 | +2.104% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4272 | −0.138% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4272 | −0.135% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0116% | 8h | 0.4273 | −0.117% | $902K | $252K | 75x | as long as short |
| Lighter LDOshort | +0.0224% | 1h | 0.4280 | +0.044% | $870K | $265K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4266 | −0.275% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4276 | −0.052% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4277 | −0.028% | $1.1M | $684K | 50x | as long as short |
MEXC LDO_USDT
Lighter LDO
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
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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD