Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.010%
Price spread now: Lighter against MEXC+0.135%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now +0.135%, 7d avg +0.183%
=Together, before fees+0.263%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.048% cheaper against MEXC than usual: you would sell low and buy high (spread +0.135% now, against its 7-day average of +0.183%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.104% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment. 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 | MEXC LDO_USDT | 0.4363 | 0.0100 | pay 0.0100% / 8h | 44m 09s | $8.5M | $7.5M | 200x |
| Short | Lighter LDO | 0.4369 | 0.0336 | get 0.0042% / 1h | 44m 09s | $886K | $268K | 10x |
MEXC LDO_USDT
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $49.56
- Price spread: +0.135% → +0.183%
- −$4.82
- Slippage, 4 orders
- −$32.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $12.62
- Costs to cover
- 0.321%
- Break-even
- 5.2 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 31 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 MEXC live order book, 4 min ago | 1.15 bp | 3.8 bp −$4 | 12.3 bp −$123 | 86.7 bp −$8,667 | 150.9 bp −$75.4K |
| Sell Lighter live order book, 31 min ago | 3.79 bp | 9.0 bp −$9 | 56.1 bp −$561 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.5000% | 1h | 0.4110 | −5.799% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4354 | −0.206% | $118K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4363 | +0.010% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4363 | 0.000% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4362 | −0.033% | $1.1M | $529K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4358 | −0.106% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4366 | +0.078% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4364 | +0.020% | $172K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4359 | −0.091% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4363 | −0.006% | $18.2M | $37.6M | 75x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4357 | −0.138% | $16.5M | $12.6M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4356 | −0.160% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4360 | −0.069% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDTlong | +0.0100% | 8h | 0.4363 | long leg | $8.5M | $7.5M | 200x | |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4362 | −0.023% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4360 | −0.069% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4360 | −0.069% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4362 | −0.025% | $88K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4361 | −0.047% | $204K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4377 | +0.314% | $313K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | −0.069% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4363 | −0.007% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4462 | +2.269% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4357 | −0.127% | $263K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4362 | −0.012% | $39K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0119% | 8h | 0.4364 | +0.023% | $791K | $221K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4362 | −0.012% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4358 | −0.104% | $304K | — | 15x | as long as short |
| Lighter LDOshort | +0.0336% | 1h | 0.4369 | +0.135% | $886K | $268K | 10x |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate 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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP