Settings8H · net · $10k
Funding arb · Price arb /

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.033%
Price spread now: SunX against Lighter+2.217%7-day average +2.118% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +2.217%, 7d avg +2.118%
Together, before fees−0.097%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.099% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +2.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LDO0.42440.0096pay 0.0012% / 1h47m 26s$855K$269K10x
ShortSunX LDO-USDT0.43380.0100get 0.0100% / 8h1h 47m$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +2.217% → +2.118%
$9.94
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$2.78
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: live order book, 58 min ago; SunX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 58 min ago5.32 bp14.7 bp −$1555.4 bp −$554doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago494.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

LDO on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LDO-PERP-INTX−0.0648%1h0.4218−0.610%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4244+0.005%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4239−0.115%$7K$20K25xas long as short
Backpack LDO_USDC_PERP+0.0027%1h0.4239−0.127%$89K$181K10xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.155%$4K$1112xas long as short
Lighter LDOlong+0.0096%1h0.4244long leg$855K$269K10x
Paradex LDO-USD-PERP+0.0100%8h0.4234−0.235%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4240−0.092%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4241−0.072%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4239−0.115%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4237−0.163%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4231−0.304%$16.0M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4230−0.328%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4242−0.045%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4237−0.163%$6.9M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4238−0.139%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4237−0.163%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4236−0.186%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4239−0.120%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4242−0.036%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.144%$32K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4239−0.118%$22K$375K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4338+2.217%$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4234−0.243%$255K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4239−0.124%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4239−0.115%$895K$259K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4237−0.171%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4233−0.248%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0379%1h0.4241−0.067%$1.1M$656K50xas long as short