Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.045%
Price spread now: Deribit against Aster+0.168%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.168% dearer against Aster than usual: you sell high and buy low (spread +0.168% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.6 days. The two prices were read 55 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 | Aster LDOUSDT | 0.4207 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $165K | $91K | 10x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4214 | 0 | get 0.0000% / 1h | 40m 27s | $7K | $20K | 25x |
Aster LDOUSDT
Deribit LDO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.168% → 0.000%
- $16.76
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$19.24
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 6 min ago; Deribit: 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 Aster live order book, 6 min ago | 8.28 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0464% | 1h | 0.4189 | −0.427% | $116K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4204 | −0.062% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4214 | +0.168% | $7K | $20K | 25x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.304% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4205 | −0.053% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4207 | +0.008% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4207 | long leg | $165K | $91K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4207 | −0.011% | $107K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4206 | −0.028% | $17.7M | $30.9M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4203 | −0.094% | $15.9M | $10.1M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
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 | 0.4204 | −0.070% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4200 | −0.165% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4204 | −0.070% | $7.2M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4203 | −0.094% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4201 | −0.141% | $3.2M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4203 | −0.094% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4209 | +0.037% | $90K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4211 | +0.093% | $198K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4217 | +0.249% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4220 | +0.310% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4206 | −0.027% | $27K | $368K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4313 | +2.521% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4200 | −0.168% | $253K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4206 | −0.025% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0124% | 8h | 0.4211 | +0.096% | $896K | $256K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4205 | −0.052% | $23K | — | 100x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4212 | +0.125% | $849K | $263K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4203 | −0.101% | $293K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0599% | 1h | 0.4217 | +0.228% | $1.1M | $658K | 50x | 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
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Lighter LDO
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD