Funding you earn now, next payment 03:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.021%
Price spread now: Lighter against OKX+0.323%7-day average +0.232% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.323%, 7d avg +0.232%
=Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.091% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.232%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LDO-USDT-SWAP | 0.4304 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $4.0M | $7.0M | 50x |
| Short | Lighter LDO | 0.4318 | 0.0432 | get 0.0054% / 1h | 14m 06s | $877K | $265K | 10x |
OKX LDO-USDT-SWAP
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $69.72
- Price spread: +0.323% → +0.232%
- $9.07
- Slippage, 4 orders
- −$84.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.36
- Costs to cover
- 0.942%
- Break-even
- 8.5 days
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 46 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 OKX live order book, 4 min ago | 2.31 bp | 17.9 bp −$18 | 80.2 bp −$802 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 46 min ago | 9.05 bp | 12.3 bp −$12 | 69.2 bp −$692 | 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 | −0.0512% | 1h | 0.4304 | 0.000% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4310 | +0.143% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4308 | +0.093% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.507% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4306 | +0.054% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4313 | +0.214% | $11.8M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4312 | +0.190% | $170K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4309 | +0.126% | $111K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4310 | +0.139% | $18.1M | $31.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4306 | +0.046% | $16.2M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAPlong | +0.0100% | 8h | 0.4304 | long leg | $4.0M | $7.0M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4312 | +0.186% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4309 | +0.116% | $7.8M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4310 | +0.139% | $2.8M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4311 | +0.163% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4310 | +0.139% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4310 | +0.139% | $94K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4317 | +0.306% | $203K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4323 | +0.441% | $306K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | +0.372% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4309 | +0.107% | $23K | $535K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4407 | +2.393% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4304 | +0.002% | $259K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4309 | +0.124% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0116% | 8h | 0.4316 | +0.279% | $916K | $255K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4305 | +0.029% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4303 | −0.028% | $300K | — | 15x | as long as short |
| Lighter LDOshort | +0.0432% | 1h | 0.4318 | +0.323% | $877K | $265K | 10x | |
| Kraken Futures PF_LDOUSD | +0.0573% | 1h | 0.4311 | +0.161% | $1.2M | $678K | 50x | as long as short |
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
Kraken Futures PF_LDOUSD