Funding you earn now, next payment 05:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.026%
Price spread now: Lighter against Extended+0.286%7-day average +0.272% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.545% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.286%, 7d avg +0.272%
=Together, before fees+0.077%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.272%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 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 | Extended LDO-USD | 0.4251 | 0.0104 | pay 0.0013% / 1h | 25m 20s | $255K | $1.2M | 25x |
| Short | Lighter LDO | 0.4263 | 0.0464 | get 0.0058% / 1h | 25m 20s | $873K | $250K | 10x |
Extended LDO-USD
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $75.6
- Price spread: +0.286% → +0.272%
- $1.44
- Slippage, 4 orders
- −$49.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $22.58
- Costs to cover
- 0.545%
- Break-even
- 4.9 days
Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 25 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 Extended live order book, 3 min ago | 5.87 bp | 18.1 bp −$18 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 2.68 bp | 8.8 bp −$9 | 33.3 bp −$333 | 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 | −0.0352% | 1h | 0.4253 | +0.046% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4257 | +0.145% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.318% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4252 | +0.029% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4257 | +0.147% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4257 | +0.147% | $167K | $100K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4256 | +0.123% | $109K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4255 | +0.093% | $17.9M | $30.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4250 | −0.024% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4253 | +0.046% | $4.0M | $6.8M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4256 | +0.117% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4254 | +0.070% | $7.6M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4256 | +0.117% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4252 | +0.023% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4255 | +0.093% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4259 | +0.178% | $90K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4256 | +0.110% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4265 | +0.328% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | +0.211% | $32K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4256 | +0.128% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4353 | +2.399% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4251 | long leg | $255K | $1.2M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4254 | +0.070% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0129% | 8h | 0.4258 | +0.164% | $906K | $252K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0220% | 1h | 0.4255 | +0.093% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4253 | +0.048% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4251 | +0.005% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0395% | 1h | 0.4258 | +0.164% | $1.1M | $653K | 50x | as long as short |
| Lighter LDOshort | +0.0464% | 1h | 0.4263 | +0.286% | $873K | $250K | 10x |
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
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD