Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.025%
Price spread now: Lighter against Paradex+0.270%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.270% dearer against Paradex than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LDO-USD-PERP | 0.4268 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $3K | — | 20x |
| Short | Lighter LDO | 0.4280 | 0.0224 | get 0.0028% / 1h | 25m 39s | $870K | $265K | 10x |
Paradex LDO-USD-PERP
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $26.09
- Price spread: +0.270% → 0.000%
- $27.04
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $49.13
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 29 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 29 min ago | 4.09 bp | 7.9 bp −$8 | 36.2 bp −$362 | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.038% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4271 | +0.066% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4273 | +0.109% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.710% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERPlong | +0.0100% | 8h | 0.4268 | long leg | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4274 | +0.139% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4274 | +0.127% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4272 | +0.094% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4273 | +0.106% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4273 | +0.109% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC 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-SWAP | +0.0100% | 8h | 0.4273 | +0.109% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4272 | +0.085% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4271 | +0.062% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4274 | +0.132% | $2.7M | $3.7M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4272 | +0.085% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4273 | +0.109% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4271 | +0.071% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4269 | +0.008% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4284 | +0.373% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | +0.507% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4270 | +0.029% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4368 | +2.334% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4272 | +0.088% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4272 | +0.090% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0116% | 8h | 0.4273 | +0.109% | $902K | $252K | 75x | as long as short |
| Lighter LDOshort | +0.0224% | 1h | 0.4280 | +0.270% | $870K | $265K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4266 | −0.050% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4265 | −0.071% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4277 | +0.198% | $1.1M | $684K | 50x | as long as short |
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
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD