Funding you earn now, next payment 07:00 UTC−0.1020%/8h= −111.7% APRnext payment −$1.28 per $10,000 · paid last 24h −0.298%
Price spread now: Coinbase International against ApeX Omni−0.948%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$440as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$3683.677% of the position
Funding, last 7 days−0.720%−$72 on $10k
+Price spread, last 4 days (all we have)+1.020%+$102 · spread now −0.948%, 7d avg −0.203%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Coinbase International is 0.745% cheaper against ApeX Omni than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of −0.203%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LDOUSDT | 0.4220 | 0.0100 | pay 0.0013% / 1h | 42m 40s | $31K | $633K | 50x |
| Short | Coinbase International LDO-PERP-INTX | 0.4180 | −0.0920 | pay 0.0115% / 1h | 42m 40s | $116K | $39K | 50x |
ApeX Omni LDOUSDT
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$214.2
- Price spread: −0.948% → −0.203%
- −$74.47
- Slippage, 4 orders
- −$347.73
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$656.4
- Costs to cover
- 3.677%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Coinbase International: live order book, 60 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, 60 min ago | 5.92 bp | 16.5 bp −$16 | 110.5 bp −$1,105 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 60 min ago | 24.88 bp | 153.3 bp −$153 | doesn't fit | 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-INTXshort | −0.0920% | 1h | 0.4180 | −0.948% | $116K | $39K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4225 | +0.122% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4221 | +0.024% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.607% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4221 | +0.032% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4225 | +0.111% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4224 | +0.089% | $166K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4223 | +0.077% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4224 | +0.104% | $17.7M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4220 | 0.000% | $16.0M | $9.8M | 50x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4222 | +0.047% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4220 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4222 | +0.047% | $6.7M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4223 | +0.071% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4219 | −0.024% | $3.2M | $2.9M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4223 | +0.071% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4220 | +0.009% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4220 | −0.008% | $201K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4216 | −0.096% | $300K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTlong | +0.0100% | 1h | 0.4220 | long leg | $31K | $633K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4228 | +0.178% | $22K | $371K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4323 | +2.441% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0102% | 8h | 0.4219 | −0.024% | $890K | $258K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4218 | −0.051% | $257K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4220 | +0.012% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0225% | 1h | 0.4220 | −0.011% | $1.1M | $711K | 50x | as long as short |
| Lighter LDO | +0.0232% | 1h | 0.4232 | +0.273% | $853K | $270K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4222 | +0.052% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0345% | 1h | 0.4222 | +0.049% | $294K | — | 15x | as long as short |
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
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP