Funding you earn now, next payment 01:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.013%
Price spread now: Lighter against Aster+0.124%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
Funding, last 5 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.124%, 7d avg +0.123%
=Together, before fees−0.044%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.123%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.012% in total (about 0.8% 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 | Aster LDOUSDT | 0.4306 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $169K | $149K | 10x |
| Short | Lighter LDO | 0.4311 | 0.0552 | get 0.0069% / 1h | 34m 50s | $875K | $267K | 10x |
Aster LDOUSDT
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $94.92
- Price spread: +0.124% → +0.123%
- $0.08
- Slippage, 4 orders
- −$109.39
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.39
- Costs to cover
- 1.174%
- Break-even
- 8.7 days
Slippage from Aster: live order book, 36 min ago; Lighter: live order book, 35 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 Aster live order book, 36 min ago | 3.49 bp | 68.4 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 35 min ago | 5.34 bp | 10.7 bp −$11 | 41.7 bp −$417 | 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 | −0.0752% | 1h | 0.4300 | −0.138% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4306 | +0.008% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.551% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDT | +0.0092% | 8h | 0.4299 | −0.162% | $789K | $221K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4301 | −0.119% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4305 | −0.032% | $12.0M | $4.0M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4306 | long leg | $169K | $149K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4305 | −0.016% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4303 | −0.065% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4298 | −0.185% | $16.3M | $12.4M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
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 | 0.4299 | −0.162% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4304 | −0.046% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4302 | −0.092% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4304 | −0.046% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4300 | −0.138% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4302 | −0.092% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4302 | −0.099% | $87K | $149K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4303 | −0.061% | $201K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4301 | −0.115% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.094% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4302 | −0.097% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4403 | +2.254% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4299 | −0.170% | $259K | $1.6M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4301 | −0.104% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4305 | −0.029% | $1.1M | $525K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4303 | −0.069% | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4300 | −0.148% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4297 | −0.205% | $300K | — | 15x | as long as short |
| Lighter LDOshort | +0.0552% | 1h | 0.4311 | +0.124% | $875K | $267K | 10x |
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
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP