Funding you earn now, next payment 03:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.051%
Price spread now: Lighter against dYdX+0.257%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.245%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter is 0.257% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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 | dYdX LDO-USD | 0.4281 | 0 | get 0.0000% / 1h | 53m 42s | $83K | $5K | 5x |
| Short | Lighter LDO | 0.4292 | 0.0408 | get 0.0051% / 1h | 53m 42s | $872K | $265K | 10x |
dYdX LDO-USD
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $85.68
- Price spread: +0.257% → 0.000%
- $25.69
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $101.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 9.05 bp | 12.3 bp −$12 | 69.2 bp −$692 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.521% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USDlong | 0.0000% | 1h | 0.4281 | long leg | $83K | $5K | 5x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4285 | +0.086% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.001% | $4K | $13 | 12x | as long as short |
| ApeX Omni LDOUSDT | +0.0080% | 1h | 0.4280 | −0.030% | $33K | $638K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4279 | −0.055% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4285 | +0.091% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4286 | +0.103% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4283 | +0.042% | $110K | $144K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4285 | +0.086% | $17.9M | $32.3M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
ApeX Omni LDOUSDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4281 | −0.007% | $16.1M | $10.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4282 | +0.016% | $4.0M | $7.3M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4284 | +0.063% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4284 | +0.063% | $7.6M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4282 | +0.016% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4285 | +0.086% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4281 | −0.007% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4280 | −0.040% | $88K | $142K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4304 | +0.525% | $201K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4278 | −0.077% | $302K | $3.4M | 10x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4281 | −0.014% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4381 | +2.329% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4279 | −0.054% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4285 | +0.077% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4280 | −0.035% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4277 | −0.111% | $298K | — | 15x | as long as short |
| Lighter LDOshort | +0.0408% | 1h | 0.4292 | +0.257% | $872K | $265K | 10x | |
| Kraken Futures PF_LDOUSD | +0.0576% | 1h | 0.4289 | +0.171% | $1.2M | $711K | 50x | 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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD