Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Backpack against Aster−0.062%45s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1041.040% of the position
Funding, last 5 days (all we have)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now −0.062%, 7d avg −0.063%
=Together, before fees−0.323%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LDOUSDT | 0.4356 | 0.0100 | pay 0.0100% / 8h | 2h 18m | $171K | $144K | 10x |
| Short | Backpack LDO_USDC_PERP | 0.4353 | 0.0100 | get 0.0013% / 1h | 18m 23s | $86K | $186K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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: −0.062% → −0.063%
- $0.13
- Slippage, 4 orders
- −$85.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$103.82
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Backpack: live order book, 5 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 Aster live order book, 3 min ago | 8.02 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 5 min ago | 1.83 bp | 16.2 bp −$16 | 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-INTX | −0.0688% | 1h | 0.4290 | −1.517% | $116K | $54K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0327% | 1h | 0.4358 | +0.037% | $1.1M | $556K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4355 | −0.025% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0018% | 1h | 0.4359 | +0.064% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.976% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0088% | 8h | 0.4350 | −0.140% | $790K | $230K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4369 | +0.303% | $886K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4352 | −0.095% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4357 | +0.028% | $12.1M | $3.6M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4356 | long leg | $171K | $144K | 10x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4355 | −0.025% | $112K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4354 | −0.048% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4352 | −0.094% | $16.9M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4352 | −0.094% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4356 | −0.002% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4353 | −0.071% | $8.7M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4354 | −0.048% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4350 | −0.140% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4353 | −0.071% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERPshort | +0.0100% | 1h | 0.4353 | −0.062% | $86K | $186K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4359 | +0.073% | $204K | $89K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4358 | +0.044% | $310K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | +0.090% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4356 | +0.003% | $22K | $739K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4455 | +2.271% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4351 | −0.127% | $262K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4354 | −0.048% | $39K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4354 | −0.037% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4352 | −0.102% | $303K | — | 15x | as long as short |
Aster LDOUSDT
Backpack LDO_USDC_PERP
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
GMX LDO/USD [ETH-USDC]