Spread before costs (cost unknown: a leg has no order-book sample)−0.575%
7d average−0.207%if it closes, per $10,000$57funding while held, a day−$5.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LDO | 0.4345 | 0.0272 | pay 0.0034% / 1h | 55m 00s | $882K | $266K | 10x |
| Short | Variational Omni LDO | 0.4320 | 0.0100 | get 0.0100% / 8h | 55m 00s | $222K | $149K | — |
Lighter LDO
Variational Omni 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
- −$57.47
- Funding while held
- −$5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$62.63
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 57 min ago; Variational Omni: RFQ quote, 60 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0172%
- Per $10,000 a day
- −$5.16
- 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, 57 min ago | 3.95 bp | 24.8 bp −$25 | 81.3 bp −$813 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 4.61 bp | doesn't fit | 41.5 bp −$415 | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4301cheapest
Coinbase InternationalVariational Omni0.4320+0.438%
Reya0.4327+0.596%dYdX0.4327+0.608%BloFin0.4328+0.628%Extended0.4330+0.667%Bybit0.4330+0.674%Bitget0.4330+0.674%ApeX Omni0.4330+0.674%Polymarket Perps0.4331+0.695%OKX0.4331+0.698%Paradex0.4331+0.704%Gate0.4332+0.721%KuCoin0.4332+0.721%BingX0.4332+0.721%GMX0.4332+0.726%Deribit0.4333+0.744%Pacifica0.4333+0.746%Kraken Futures0.4333+0.749%Aster0.4334+0.760%Backpack0.4334+0.772%Binance0.4334+0.774%Aevo0.4334+0.778%MEXC0.4335+0.791%Hyperliquid0.4338+0.853%
Reya
dYdX
BloFin
Extended
Bybit
Bitget
ApeX Omni
Polymarket Perps
OKX
Paradex
Gate
KuCoin
BingX
GMX
Deribit
Pacifica
Kraken Futures
Aster
Backpack
Binance
Aevo
MEXC
HyperliquidLighter0.4345+1.018%
Injective0.4350+1.139%SunX0.4435+3.116%
Injective
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −1.008% | −0.1248% | 1h | $115K | $42K | 50x | as long as short |
| Variational Omni LDOshort | −0.575% | +0.0100% | 8h | $222K | $149K | — | |
| Reya LDORUSDPERP | −0.418% | +0.0324% | 1h | $302K | — | 15x | as long as short |
| dYdX LDO-USD | −0.407% | 0.0000% | 1h | $83K | $17K | 5x | as long as short |
| BloFin LDO-USDT | −0.387% | +0.0087% | 8h | $834K | $151K | 75x | as long as short |
| Extended LDO-USD | −0.348% | +0.0104% | 1h | $260K | $1.0M | 25x | as long as short |
| Bybit LDOUSDT | −0.341% | +0.0082% | 8h | $16.5M | $12.5M | 50x | as long as short |
| Bitget LDOUSDT | −0.341% | +0.0100% | 8h | $3.3M | $3.8M | 75x | as long as short |
| ApeX Omni LDOUSDT | −0.341% | +0.0100% | 1h | $33K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | −0.320% | +0.0100% | 1h | $27K | $1.5M | 5x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | −0.318% | +0.0100% | 8h | $4.0M | $9.6M | 50x | as long as short |
| Paradex LDO-USD-PERP | −0.311% | +0.0100% | 8h | $3K | $56 | 20x | as long as short |
| Gate LDO_USDT | −0.295% | +0.0100% | 8h | $1.4M | $1.1M | 50x | as long as short |
| KuCoin LDOUSDTM | −0.295% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| BingX LDO-USDT | −0.295% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| GMX LDO/USD [ETH-USDC] | −0.289% | L +0.0300% / S −0.0178% | 1h | $24K | — | 100x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.272% | 0.0000% | 1h | $3K | $10K | 25x | as long as short |
| Pacifica LDO | −0.270% | +0.0100% | 1h | $111K | $188K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | −0.267% | −0.0095% | 1h | $1.1M | $543K | 50x | as long as short |
| Aster LDOUSDT | −0.256% | +0.0100% | 8h | $168K | $312K | 10x | as long as short |
| Backpack LDO_USDC_PERP | −0.244% | +0.0100% | 1h | $88K | $191K | 10x | as long as short |
| Binance LDOUSDT | −0.242% | +0.0100% | 8h | $17.9M | $38.0M | 75x | as long as short |
| Aevo LDO-PERP | −0.238% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| MEXC LDO_USDT | −0.226% | +0.0100% | 8h | $10.0M | $7.3M | 200x | as long as short |
| Hyperliquid LDO | −0.163% | +0.0100% | 1h | $12.3M | $3.5M | 5x | as long as short |
| Lighter LDOlong | 0.000% | +0.0272% | 1h | $882K | $266K | 10x | |
| Injective LDO/USDC PERP | +0.120% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.076% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |