Funding you earn now, next payment 02:00 UTC+0.0904%/8h= +99.0% APRnext payment +$1.13 per $10,000 · paid last 24h +0.346%
Price spread now: Lighter against Coinbase International−0.218%7-day average +0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days+0.754%+$75 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.218%, 7d avg +0.260%
=Together, before fees+0.957%+ Points / potential airdropLighter: Season 3 · farm board+$96 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.478% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.260%). If the spread goes back, that is −$48 on $10k: about 42 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.754% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4304 | −0.0512 | get 0.0064% / 1h | 5m 44s | $120K | $41K | 50x |
| Short | Lighter LDO | 0.4295 | 0.0392 | get 0.0049% / 1h | 5m 44s | $872K | $265K | 10x |
Coinbase International LDO-PERP-INTX
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- $189.84
- Price spread: −0.218% → +0.260%
- −$47.8
- Slippage, 4 orders
- −$94.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $37.33
- Costs to cover
- 1.047%
- Break-even
- 5.6 days
Slippage from Coinbase International: live order book, 57 min ago; Lighter: live order book, 54 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 Coinbase International live order book, 57 min ago | 13.96 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 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-INTXlong | −0.0512% | 1h | 0.4304 | long leg | $120K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | −0.093% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.507% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0083% | 8h | 0.4291 | −0.302% | $918K | $254K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4282 | −0.522% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4288 | −0.379% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4293 | −0.263% | $169K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4286 | −0.428% | $110K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4283 | −0.488% | $18.0M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4280 | −0.558% | $16.1M | $10.0M | 50x | as long as short |
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
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-SWAP | +0.0100% | 8h | 0.4280 | −0.558% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4290 | −0.325% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4283 | −0.488% | $7.8M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4285 | −0.441% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4286 | −0.418% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4287 | −0.395% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4289 | −0.353% | $93K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4283 | −0.484% | $201K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4298 | −0.139% | $304K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.093% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4288 | −0.381% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4388 | +1.952% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4283 | −0.496% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4287 | −0.393% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4288 | −0.372% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4288 | −0.379% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4285 | −0.446% | $299K | — | 15x | as long as short |
| Lighter LDOshort | +0.0392% | 1h | 0.4295 | −0.218% | $872K | $265K | 10x | |
| Kraken Futures PF_LDOUSD | +0.0576% | 1h | 0.4292 | −0.269% | $1.2M | $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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD