Spread before costs (cost unknown: a leg has no order-book sample)+0.477%
7d average+0.208%if it closes, per $10,000$48funding while held, a day+$0.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni LDO | 0.4385 | 0.0090 | pay 0.0090% / 8h | 2h 37m | $227K | $157K | — |
| Short | Lighter LDO | 0.4405 | 0.0096 | get 0.0012% / 1h | 37m 09s | $886K | $208K | 10x |
Variational Omni LDO
Lighter 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
- $47.66
- Funding while held
- $0.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $47.84
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Lighter: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0006%
- Per $10,000 a day
- +$0.18
- 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 Variational Omni RFQ quote, 23 min ago | 7.94 bp | doesn't fit | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 min ago | 3.51 bp | 5.9 bp −$6 | 33.6 bp −$336 | 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%
Injective
Coinbase InternationalVariational Omni0.4385+0.795%
ApeX Omni0.4390+0.920%Extended0.4393+0.981%Bybit0.4393+0.989%OKX0.4393+0.989%Gate0.4393+0.989%dYdX0.4393+0.990%Reya0.4394+1.020%Bitget0.4395+1.034%BingX0.4395+1.034%BloFin0.4395+1.034%KuCoin0.4396+1.057%Backpack0.4396+1.067%Aevo0.4397+1.080%Paradex0.4397+1.083%Pacifica0.4398+1.096%Binance0.4398+1.102%Deribit0.4398+1.103%Polymarket Perps0.4399+1.122%Aster0.4399+1.125%MEXC0.4399+1.126%GMX0.4399+1.137%Kraken Futures0.4400+1.160%Hyperliquid0.4401+1.184%
ApeX Omni
Extended
Bybit
OKX
Gate
dYdX
Reya
Bitget
BingX
BloFin
KuCoin
Backpack
Aevo
Paradex
Pacifica
Binance
Deribit
Polymarket Perps
Aster
MEXC
GMX
Kraken Futures
HyperliquidLighter0.4405+1.276%
SunX0.4500+3.448%
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 | −0.789% | +0.0033% | 1h | $4K | $177K | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.379% | −0.0768% | 1h | $117K | $35K | 50x | as long as short |
| Variational Omni LDOlong | 0.000% | +0.0090% | 8h | $227K | $157K | — | |
| ApeX Omni LDOUSDT | +0.123% | +0.0100% | 1h | $34K | $652K | 50x | as long as short |
| Extended LDO-USD | +0.184% | +0.0104% | 1h | $267K | $1.0M | 25x | as long as short |
| Bybit LDOUSDT | +0.192% | +0.0085% | 8h | $16.8M | $12.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.192% | +0.0100% | 8h | $4.1M | $9.5M | 50x | as long as short |
| Gate LDO_USDT | +0.192% | +0.0100% | 8h | $1.5M | $1.0M | 50x | as long as short |
| dYdX LDO-USD | +0.193% | 0.0000% | 1h | $84K | $21K | 5x | 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 | |
|---|---|---|---|---|---|---|---|
| Bitget LDOUSDT | +0.237% | +0.0100% | 8h | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.237% | +0.0100% | 8h | — | $4.7M | — | as long as short |
| BloFin LDO-USDT | +0.237% | +0.0108% | 8h | $724K | $164K | 75x | as long as short |
| KuCoin LDOUSDTM | +0.260% | +0.0100% | 8h | $2.5M | $3.9M | 50x | as long as short |
| Backpack LDO_USDC_PERP | +0.269% | +0.0100% | 1h | $88K | $179K | 10x | as long as short |
| Aevo LDO-PERP | +0.283% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Paradex LDO-USD-PERP | +0.286% | +0.0100% | 8h | $3K | $56 | 20x | as long as short |
| Pacifica LDO | +0.299% | +0.0100% | 1h | $113K | $189K | 10x | as long as short |
| Binance LDOUSDT | +0.304% | +0.0100% | 8h | $18.4M | $36.2M | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.306% | 0.0000% | 1h | $3K | $10K | 25x | as long as short |
| Polymarket Perps LDO-USD | +0.324% | +0.0100% | 1h | $27K | $1.4M | 5x | as long as short |
| Aster LDOUSDT | +0.327% | +0.0100% | 8h | $170K | $307K | 10x | as long as short |
| MEXC LDO_USDT | +0.328% | +0.0100% | 8h | $10.0M | $6.9M | 200x | as long as short |
| GMX LDO/USD [ETH-USDC] | +0.339% | L +0.0295% / S −0.0171% | 1h | $24K | — | 100x | as long as short |
| Kraken Futures PF_LDOUSD | +0.361% | +0.0253% | 1h | $1.2M | $536K | 50x | as long as short |
| Hyperliquid LDO | +0.385% | +0.0100% | 1h | $12.6M | $3.5M | 5x | as long as short |
| Lighter LDOshort | +0.477% | +0.0096% | 1h | $886K | $208K | 10x | |
| SunX LDO-USDT | +2.632% | +0.0100% | 8h | $2K | $1.4M | 20x | as long as short |