Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against Lighter−0.019%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.019%, 7d avg −0.070%
=Together, before fees+0.053%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.052% dearer against Lighter than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.070%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.049% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.42 per $10,000. 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 | Lighter LDO | 0.4321 | 0.0440 | pay 0.0055% / 1h | 52m 44s | $877K | $267K | 10x |
| Short | ApeX Omni LDOUSDT | 0.4320 | 0.0100 | get 0.0013% / 1h | 52m 44s | $35K | $646K | 50x |
Lighter LDO
ApeX Omni LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$71.4
- Price spread: −0.019% → −0.070%
- $5.18
- Slippage, 4 orders
- −$47.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$123.95
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 17 min ago; ApeX Omni: live order book, 20 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 Lighter live order book, 17 min ago | 5.34 bp | 17.1 bp −$17 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 20 min ago | 6.99 bp | 14.9 bp −$15 | 105.5 bp −$1,055 | 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 | 0.4303 | −0.412% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4313 | −0.171% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4313 | −0.181% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.879% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4307 | −0.327% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4314 | −0.155% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4314 | −0.156% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4312 | −0.210% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4313 | −0.175% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4307 | −0.319% | $16.3M | $12.5M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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 | 0.4307 | −0.319% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4310 | −0.250% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4312 | −0.204% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4313 | −0.181% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4309 | −0.273% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4311 | −0.227% | — | $3.7M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4317 | −0.078% | $202K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4313 | −0.179% | $304K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTshort | +0.0100% | 1h | 0.4320 | −0.019% | $35K | $646K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4314 | −0.155% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4411 | +2.088% | $2K | $1.5M | 20x | as long as short |
| BloFin LDO-USDT | +0.0102% | 8h | 0.4311 | −0.227% | $788K | $222K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4308 | −0.295% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4312 | −0.202% | $38K | — | 3x | as long as short |
| Backpack LDO_USDC_PERP | +0.0175% | 1h | 0.4312 | −0.197% | $87K | $164K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4313 | −0.173% | $1.1M | $524K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4311 | −0.220% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4309 | −0.276% | $301K | — | 15x | as long as short |
| Lighter LDOlong | +0.0440% | 1h | 0.4321 | long leg | $877K | $267K | 10x |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Backpack LDO_USDC_PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP