Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.065%
Price spread now: Lighter against dYdX+0.201%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.201% dearer against dYdX than usual: you sell high and buy low: +$20 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 | dYdX LDO-USD | 0.4185 | 0 | get 0.0000% / 1h | 36m 30s | $81K | $5K | 5x |
| Short | Lighter LDO | 0.4193 | 0.0248 | get 0.0031% / 1h | 36m 30s | $845K | $270K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $52.08
- Price spread: +0.201% → 0.000%
- $20.07
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $62.15
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 63 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 63 min ago | 4.26 bp | 10.8 bp −$11 | 42.7 bp −$427 | doesn't fit | doesn't fit |
dYdX: 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 | −0.0920% | 1h | 0.4172 | −0.301% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USDlong | 0.0000% | 1h | 0.4185 | long leg | $81K | $5K | 5x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4192 | +0.177% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.783% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0084% | 8h | 0.4193 | +0.201% | $879K | $256K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4180 | −0.113% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4189 | +0.112% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4183 | −0.043% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4185 | +0.002% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4182 | −0.066% | $17.5M | $30.9M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4180 | −0.110% | $16.0M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4183 | −0.038% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4182 | −0.062% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4179 | −0.134% | $6.6M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4185 | +0.010% | $2.6M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4178 | −0.158% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4180 | −0.110% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4193 | +0.196% | $89K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4223 | +0.922% | $201K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4216 | +0.762% | $296K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +1.085% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4191 | +0.155% | $22K | $371K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4288 | +2.471% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4178 | −0.167% | $254K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4192 | +0.177% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0226% | 1h | 0.4192 | +0.171% | $1.1M | $720K | 50x | as long as short |
| Lighter LDOshort | +0.0248% | 1h | 0.4193 | +0.201% | $845K | $270K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4190 | +0.125% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0345% | 1h | 0.4187 | +0.053% | $292K | — | 15x | as long as short |
Lighter LDO
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
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
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]