Funding you earn now, next payment 00:00 UTC−0.5100%/8h= −558.5% APRnext payment −$6.38 per $10,000 · paid last 24h −0.357%
Price spread now: Injective against ApeX Omni−4.419%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.385%−$138 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$153 a day on $10k at the current rate, and Injective is 4.419% cheaper against ApeX Omni than usual: you would sell low and buy high (−$442 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.385% in total (about -72.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LDOUSDT | 0.4300 | 0.0100 | pay 0.0013% / 1h | 5m 30s | $34K | $646K | 50x |
| Short | Injective LDO/USDC PERP | 0.4110 | −0.5000 | pay 0.0625% / 1h | 5m 30s | $4K | $14 | 12x |
ApeX Omni LDOUSDT
Injective LDO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1,071
- Price spread: −4.419% → 0.000%
- −$441.86
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,522.88
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 8 min ago; Injective: no order-book sample. Net counts fees only.
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, 8 min ago | 6.99 bp | 15.0 bp −$15 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERPshort | −0.5000% | 1h | 0.4110 | −4.419% | $4K | $14 | 12x | |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4312 | +0.279% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | 0.000% | $83K | $17K | 5x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4304 | +0.088% | $1.1M | $527K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4298 | −0.052% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4305 | +0.126% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4304 | +0.104% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4302 | +0.037% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4302 | +0.044% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4298 | −0.047% | $16.3M | $12.5M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Kraken Futures PF_LDOUSD
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 | 0.4297 | −0.070% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4299 | −0.023% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4301 | +0.023% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4302 | +0.047% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4299 | −0.023% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4300 | 0.000% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4301 | +0.026% | $86K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4296 | −0.095% | $201K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4299 | −0.026% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTlong | +0.0100% | 1h | 0.4300 | long leg | $34K | $646K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4303 | +0.070% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4400 | +2.326% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4297 | −0.072% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4300 | −0.004% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4301 | +0.023% | $786K | $219K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4300 | 0.000% | $3K | $10K | 25x | as long as short |
| Lighter LDO | +0.0312% | 1h | 0.4310 | +0.233% | $875K | $269K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4299 | −0.025% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4298 | −0.036% | $300K | — | 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
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP