Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.019%
Price spread now: Aster against Lighter−0.171%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
Funding, last 5 days (all we have)−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.171%, 7d avg −0.125%
=Together, before fees+0.080%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.046% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.125%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4306 | 0.0216 | pay 0.0027% / 1h | 59m 15s | $875K | $265K | 10x |
| Short | Aster LDOUSDT | 0.4299 | 0.0100 | get 0.0100% / 8h | 5h 59m | $169K | $134K | 10x |
Lighter LDO
Aster LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$24.36
- Price spread: −0.171% → −0.125%
- −$4.61
- Slippage, 4 orders
- −$154.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$191.54
- Costs to cover
- 1.626%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; Aster: live order book, 2 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, 1 min ago | 9.05 bp | 48.1 bp −$48 | 74.4 bp −$744 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 9.30 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
LDO on 28 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 | −0.0512% | 1h | 0.4259 | −1.096% | $119K | $43K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4297 | −0.214% | $7K | $20K | 25x | as long as short |
| dYdX LDO-USD | +0.0004% | 1h | 0.4300 | −0.138% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.556% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4297 | −0.218% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4298 | −0.188% | $11.8M | $3.4M | 5x | as long as short |
| Aster LDOUSDTshort | +0.0100% | 8h | 0.4299 | −0.171% | $169K | $134K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4300 | −0.144% | $110K | $144K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4298 | −0.190% | $18.0M | $32.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4294 | −0.283% | $16.1M | $10.6M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4293 | −0.307% | $4.0M | $7.4M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4299 | −0.167% | $1.5M | $996K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4297 | −0.214% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4296 | −0.237% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4294 | −0.283% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4296 | −0.237% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4295 | −0.260% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4295 | −0.266% | $202K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4299 | −0.168% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.144% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4297 | −0.209% | $23K | $687K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4395 | +2.062% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4292 | −0.325% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4295 | −0.248% | $38K | — | 3x | as long as short |
| Lighter LDOlong | +0.0216% | 1h | 0.4306 | long leg | $875K | $265K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4296 | −0.248% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4293 | −0.305% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0575% | 1h | 0.4299 | −0.162% | $1.2M | $734K | 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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD