Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.038%
Price spread now: Gate against Lighter−0.200%7-day average −0.209% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$810.807% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.455%−$45 · spread now −0.200%, 7d avg −0.209%
=Together, before fees−0.560%+ Points / potential airdropLighter: Season 3 · farm board−$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.209%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4202 | 0.0168 | pay 0.0021% / 1h | 34m 35s | $847K | $272K | 10x |
| Short | Gate LDO_USDT | 0.4194 | 0.0100 | get 0.0100% / 8h | 7h 34m | $1.5M | $1.1M | 50x |
Lighter LDO
Gate LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$14.28
- Price spread: −0.200% → −0.209%
- $0.91
- Slippage, 4 orders
- −$65.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.1
- Costs to cover
- 0.807%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 60 min ago; Gate: live order book, 3 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, 60 min ago | 3.33 bp | 11.0 bp −$11 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.96 bp | 27.4 bp −$27 | 120.4 bp −$1,204 | 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 | −0.0952% | 1h | 0.4187 | −0.366% | $115K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0370% | 1h | 0.4193 | −0.227% | $1.1M | $741K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4196 | −0.145% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4194 | −0.200% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.199% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0098% | 8h | 0.4191 | −0.271% | $883K | $257K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4191 | −0.260% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4201 | −0.031% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4196 | −0.152% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4195 | −0.176% | $106K | $29K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4197 | −0.128% | $17.6M | $31.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4194 | −0.200% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4196 | −0.152% | $4.0M | $6.5M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4194 | −0.200% | $1.5M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4194 | −0.200% | $7.0M | $5.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4193 | −0.224% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4196 | −0.152% | $3.2M | $2.9M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4192 | −0.247% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4193 | −0.217% | $89K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4191 | −0.264% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4189 | −0.319% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4200 | −0.057% | $31K | $635K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4198 | −0.105% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4293 | +2.156% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4192 | −0.244% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4194 | −0.210% | $37K | — | 3x | as long as short |
| Lighter LDOlong | +0.0168% | 1h | 0.4202 | long leg | $847K | $272K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4193 | −0.229% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4191 | −0.262% | $292K | — | 15x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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