Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.024%
Price spread now: Lighter against KuCoin+0.264%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.264%, 7d avg +0.183%
=Together, before fees+0.302%+ Points / potential airdropLighter: Season 3 · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.081% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.183%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LDOUSDTM | 0.4278 | 0.0100 | pay 0.0100% / 8h | 4h 13m | $2.8M | $3.7M | 50x |
| Short | Lighter LDO | 0.4289 | 0.0248 | get 0.0031% / 1h | 13m 20s | $873K | $266K | 10x |
KuCoin LDOUSDTM
Lighter LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $31.08
- Price spread: +0.264% → +0.183%
- $8.11
- Slippage, 4 orders
- −$80.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$52.82
- Costs to cover
- 0.920%
- Break-even
- 18.9 days
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 42 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 KuCoin live order book, 4 min ago | 2.34 bp | 30.5 bp −$31 | 805.8 bp −$8,058 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 42 min ago | 4.09 bp | 7.9 bp −$8 | 36.2 bp −$362 | 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 | −0.0416% | 1h | 0.4250 | −0.655% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | −0.137% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.927% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4278 | −0.010% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4283 | +0.117% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4283 | +0.110% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4279 | +0.035% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4282 | +0.094% | $18.0M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4279 | +0.023% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4279 | +0.023% | $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 | 0.4276 | −0.047% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4280 | +0.047% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTMlong | +0.0100% | 8h | 0.4278 | long leg | $2.8M | $3.7M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4279 | +0.023% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4278 | 0.000% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4274 | −0.103% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4269 | −0.204% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4272 | −0.149% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.187% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4283 | +0.105% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4382 | +2.431% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4279 | +0.031% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4283 | +0.121% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0109% | 8h | 0.4280 | +0.047% | $909K | $253K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4284 | +0.140% | $7K | $20K | 25x | as long as short |
| Lighter LDOshort | +0.0248% | 1h | 0.4289 | +0.264% | $873K | $266K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4281 | +0.061% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4279 | +0.032% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4282 | +0.091% | $1.2M | $681K | 50x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD