Funding you earn now, next payment 00:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.010%
Price spread now: KuCoin against Lighter−0.142%7-day average −0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.142%, 7d avg −0.185%
=Together, before fees−0.322%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.043% dearer against Lighter than usual: you sell high and buy low (spread −0.142% now, against its 7-day average of −0.185%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4360 | 0.0248 | pay 0.0031% / 1h | 42m 14s | $884K | $268K | 10x |
| Short | KuCoin LDOUSDTM | 0.4354 | 0.0100 | get 0.0100% / 8h | 42m 14s | $2.8M | $4.2M | 50x |
Lighter LDO
KuCoin LDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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: −0.142% → −0.185%
- $4.32
- Slippage, 4 orders
- −$92.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$130.94
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 33 min ago; KuCoin: live order book, just now.
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, 33 min ago | 3.79 bp | 16.0 bp −$16 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 1.15 bp | 41.0 bp −$41 | 233.9 bp −$2,339 | 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 | −5.738% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4360 | −0.005% | $118K | $56K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4363 | +0.074% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4352 | −0.188% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4355 | −0.122% | $1.1M | $529K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4352 | −0.188% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4357 | −0.071% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4356 | −0.092% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4355 | −0.112% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4349 | −0.248% | $18.1M | $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 | 0.4347 | −0.303% | $16.5M | $12.6M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4345 | −0.349% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4352 | −0.188% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4351 | −0.211% | $8.4M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4354 | −0.142% | $2.8M | $4.2M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4355 | −0.119% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4349 | −0.257% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4356 | −0.085% | $88K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4361 | +0.017% | $204K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4363 | +0.064% | $314K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4370 | +0.225% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4352 | −0.188% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4451 | +2.082% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4346 | −0.314% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4352 | −0.188% | $39K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0112% | 8h | 0.4358 | −0.050% | $792K | $221K | 75x | as long as short |
| Lighter LDOlong | +0.0248% | 1h | 0.4360 | long leg | $884K | $268K | 10x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4352 | −0.180% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4348 | −0.280% | $303K | — | 15x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP