Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter against ApeX Omni−0.058%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.058%, 7d avg +0.070%
=Together, before fees+0.020%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.128% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.070%). If the spread goes back, that is −$13 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.046% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LDOUSDT | 0.4330 | 0.0100 | pay 0.0013% / 1h | 18m 58s | $35K | $647K | 50x |
| Short | Lighter LDO | 0.4328 | 0.0224 | get 0.0028% / 1h | 18m 58s | $878K | $268K | 10x |
ApeX Omni LDOUSDT
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $26.04
- Price spread: −0.058% → +0.070%
- −$12.8
- Slippage, 4 orders
- −$48.23
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$44.99
- Costs to cover
- 0.582%
- Break-even
- 19.1 days
Slippage from ApeX Omni: live order book, 59 min ago; Lighter: live order book, 56 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 ApeX Omni live order book, 59 min ago | 6.92 bp | 16.0 bp −$16 | 110.6 bp −$1,106 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 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 | −5.081% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4322 | −0.185% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4320 | −0.226% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4320 | −0.231% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4322 | −0.184% | $1.1M | $527K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4317 | −0.293% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4322 | −0.178% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4324 | −0.140% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4320 | −0.225% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4319 | −0.248% | $18.0M | $37.7M | 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 | 0.4315 | −0.346% | $16.4M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4314 | −0.370% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4318 | −0.277% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4313 | −0.393% | $8.2M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4319 | −0.254% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4316 | −0.323% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4317 | −0.300% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4319 | −0.263% | $87K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4329 | −0.025% | $203K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4327 | −0.067% | $311K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDTlong | +0.0100% | 1h | 0.4330 | long leg | $35K | $647K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4324 | −0.134% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4421 | +2.102% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4314 | −0.360% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4320 | −0.234% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0113% | 8h | 0.4322 | −0.185% | $790K | $220K | 75x | as long as short |
| Lighter LDOshort | +0.0224% | 1h | 0.4328 | −0.058% | $878K | $268K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4322 | −0.192% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4319 | −0.244% | $301K | — | 15x | as long as short |
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
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP