Funding you earn now, next payment 08:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.035%
Price spread now: Lighter against BingX+0.311%7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.311%, 7d avg +0.215%
=Together, before fees−0.005%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Lighter is 0.096% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.215%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% 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 | BingX LDO-USDT | 0.4209 | 0.0100 | pay 0.0100% / 8h | 18m 40s | — | $10.1M | — |
| Short | Lighter LDO | 0.4222 | 0.0384 | get 0.0048% / 1h | 18m 40s | $851K | $271K | 10x |
BingX LDO-USDT
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $59.64
- Price spread: +0.311% → +0.215%
- $9.63
- Slippage, 4 orders
- −$36.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $23.2
- Costs to cover
- 0.461%
- Break-even
- 4.3 days
Slippage from BingX: live order book, 10 min ago; Lighter: live order book, 16 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 BingX live order book, 10 min ago | 3.58 bp | 13.2 bp −$13 | 27.2 bp −$272 | 214.4 bp −$21.4K | 424.4 bp −$212.2K |
| Sell Lighter live order book, 16 min ago | 3.33 bp | 9.0 bp −$9 | 32.6 bp −$326 | 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 | −0.0920% | 1h | 0.4178 | −0.737% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4214 | +0.109% | $81K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.352% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4214 | +0.112% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4214 | +0.116% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4213 | +0.102% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4213 | +0.095% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4215 | +0.137% | $17.7M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4213 | +0.095% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4214 | +0.119% | $4.0M | $6.6M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4208 | −0.024% | $1.4M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4216 | +0.166% | $6.6M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4210 | +0.024% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4209 | 0.000% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4209 | long leg | — | $10.1M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4209 | +0.007% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4192 | −0.409% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4193 | −0.380% | $294K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4190 | −0.451% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4213 | +0.086% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4309 | +2.376% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4214 | +0.111% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4209 | +0.008% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0125% | 8h | 0.4207 | −0.048% | $886K | $258K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0225% | 1h | 0.4208 | −0.018% | $1.1M | $729K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4208 | −0.023% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4208 | −0.033% | $293K | — | 15x | as long as short |
| Lighter LDOshort | +0.0384% | 1h | 0.4222 | +0.311% | $851K | $271K | 10x | |
| Deribit LDO_USDC-PERPETUAL | +0.0463% | 1h | 0.4211 | +0.048% | $7K | $20K | 25x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Deribit LDO_USDC-PERPETUAL