Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Bybit against ApeX Omni−0.093%69s7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.400%−$40 · spread now −0.093%, 7d avg −0.181%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.088% dearer against ApeX Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.181%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LDOUSDT | 0.4320 | 0.0100 | pay 0.0013% / 1h | 16m 26s | $33K | $640K | 50x |
| Short | Bybit LDOUSDT | 0.4316 | 0.0100 | get 0.0100% / 8h | 5h 16m | $16.2M | $10.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. 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
- $0
- Price spread: −0.093% → −0.181%
- $8.8
- Slippage, 4 orders
- −$37.96
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.17
- Costs to cover
- 0.590%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 47 min ago; Bybit: live order book, 2 min ago.
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 ApeX Omni live order book, 47 min ago | 6.98 bp | 16.3 bp −$16 | 105.1 bp −$1,051 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.16 bp | 14.0 bp −$14 | 34.8 bp −$348 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0512% | 1h | 0.4304 | −0.370% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4320 | 0.000% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.861% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4327 | +0.162% | $917K | $256K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4320 | +0.009% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4325 | +0.125% | $11.8M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4326 | +0.136% | $170K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4324 | +0.088% | $111K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4324 | +0.093% | $18.1M | $31.2M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4316 | −0.093% | $16.2M | $10.0M | 50x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4316 | −0.093% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4324 | +0.093% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4323 | +0.069% | $7.9M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4323 | +0.069% | $2.8M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4323 | +0.069% | $3.4M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4322 | +0.046% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4323 | +0.076% | $94K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4316 | −0.100% | $203K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.119% | $308K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDTlong | +0.0100% | 1h | 0.4320 | long leg | $33K | $640K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4324 | +0.097% | $23K | $540K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4423 | +2.384% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4316 | −0.101% | $259K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4319 | −0.013% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0213% | 1h | 0.4325 | +0.116% | $8K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4323 | +0.074% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4320 | −0.010% | $301K | — | 15x | as long as short |
| Lighter LDO | +0.0448% | 1h | 0.4332 | +0.278% | $879K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0571% | 1h | 0.4325 | +0.120% | $1.2M | $678K | 50x | as long as short |
ApeX Omni LDOUSDT
Bybit LDOUSDT
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Lighter LDO
Kraken Futures PF_LDOUSD