After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.064%7d average−0.084%fees + slippage, in and out−$46spread needed0.459%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4402 | 0.0104 | pay 0.0013% / 1h | 39m 30s | $867K | $188K | 10x |
| Short | Hyperliquid LDO | 0.4399 | 0.0100 | get 0.0013% / 1h | 39m 30s | $12.6M | $3.5M | 5x |
Lighter LDO
Hyperliquid LDOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$6.36
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$36.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$52.38
- Spread needed to break even
- 0.459%
Slippage from Lighter: live order book, 17 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Lighter live order book, 17 min ago | 3.51 bp | 17.0 bp −$17 | 79.5 bp −$795 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.25 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4350cheapestCoinbase International0.4368+0.414%Variational Omni0.4385+0.795%Bybit0.4385+0.805%Extended0.4386+0.827%OKX0.4387+0.851%Paradex0.4389+0.891%ApeX Omni0.4390+0.920%BingX0.4391+0.943%Reya0.4392+0.963%Binance0.4392+0.964%Pacifica0.4392+0.966%Bitget0.4392+0.966%BloFin0.4392+0.966%MEXC0.4393+0.989%KuCoin0.4393+0.989%dYdX0.4393+0.990%Gate0.4394+1.011%Aevo0.4394+1.022%Aster0.4395+1.025%Deribit0.4395+1.034%Polymarket Perps0.4395+1.037%Backpack0.4396+1.055%GMX0.4396+1.063%Kraken Futures0.4398+1.093%
Injective
Coinbase International
Variational Omni
Bybit
Extended
OKX
Paradex
ApeX Omni
BingX
Reya
Binance
Pacifica
Bitget
BloFin
MEXC
KuCoin
dYdX
Gate
Aevo
Aster
Deribit
Polymarket Perps
Backpack
GMX
Kraken FuturesHyperliquid0.4399+1.124%
Lighter0.4402+1.189%
SunX0.4497+3.379%
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −1.175% | +0.0033% | 1h | $4K | $177K | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.766% | −0.0768% | 1h | $117K | $35K | 50x | as long as short |
| Variational Omni LDO | −0.388% | +0.0090% | 8h | $227K | $157K | — | as long as short |
| Bybit LDOUSDT | −0.379% | +0.0084% | 8h | $16.8M | $12.3M | 50x | as long as short |
| Extended LDO-USD | −0.358% | +0.0104% | 1h | $267K | $1.0M | 25x | as long as short |
| OKX LDO-USDT-SWAP | −0.334% | +0.0100% | 8h | $4.1M | $9.4M | 50x | as long as short |
| Paradex LDO-USD-PERP | −0.294% | +0.0100% | 8h | $3K | $56 | 20x | as long as short |
| ApeX Omni LDOUSDT | −0.266% | +0.0100% | 1h | $34K | $651K | 50x | as long as short |
| BingX LDO-USDT | −0.243% | +0.0100% | 8h | — | $7.1M | — | as long as short |
| Reya LDORUSDPERP | −0.223% | +0.0321% | 1h | $306K | — | 15x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | −0.221% | +0.0100% | 8h | $18.4M | $36.2M | 75x | as long as short |
| Pacifica LDO | −0.220% | +0.0100% | 1h | $113K | $189K | 10x | as long as short |
| Bitget LDOUSDT | −0.220% | +0.0100% | 8h | $3.4M | $3.6M | 75x | as long as short |
| BloFin LDO-USDT | −0.220% | +0.0123% | 8h | $918K | $164K | 75x | as long as short |
| MEXC LDO_USDT | −0.198% | +0.0100% | 8h | $10.0M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | −0.198% | +0.0100% | 8h | $2.5M | $3.9M | 50x | as long as short |
| dYdX LDO-USD | −0.196% | 0.0000% | 1h | $84K | $21K | 5x | as long as short |
| Gate LDO_USDT | −0.175% | +0.0100% | 8h | $1.5M | $1.0M | 50x | as long as short |
| Aevo LDO-PERP | −0.164% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Aster LDOUSDT | −0.162% | +0.0100% | 8h | $170K | $307K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.152% | −0.0205% | 1h | $3K | $10K | 25x | as long as short |
| Polymarket Perps LDO-USD | −0.150% | +0.0100% | 1h | $27K | $1.4M | 5x | as long as short |
| Backpack LDO_USDC_PERP | −0.132% | +0.0100% | 1h | $88K | $179K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | −0.124% | L +0.0295% / S −0.0170% | 1h | $24K | — | 100x | as long as short |
| Kraken Futures PF_LDOUSD | −0.095% | +0.0253% | 1h | $1.2M | $535K | 50x | as long as short |
| Hyperliquid LDOshort | −0.064% | +0.0100% | 1h | $12.6M | $3.5M | 5x | |
| Lighter LDOlong | 0.000% | +0.0104% | 1h | $867K | $188K | 10x | |
| SunX LDO-USDT | +2.165% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |