Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: ApeX Omni against Backpack−0.118%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 3 days (all we have)+0.354%+$35 · spread now −0.118%, 7d avg +0.109%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.227% cheaper against Backpack than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LDO_USDC_PERP | 0.4325 | 0.0100 | pay 0.0013% / 1h | 40m 19s | $86K | $182K | 10x |
| Short | ApeX Omni LDOUSDT | 0.4320 | 0.0100 | get 0.0013% / 1h | 40m 19s | $35K | $648K | 50x |
Backpack LDO_USDC_PERP
ApeX Omni LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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: −0.118% → +0.109%
- −$22.72
- Slippage, 4 orders
- −$46.82
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$89.54
- Costs to cover
- 0.668%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 43 min ago; ApeX Omni: live order book, 43 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 Backpack live order book, 43 min ago | 1.83 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 43 min ago | 8.02 bp | 17.5 bp −$17 | 112.6 bp −$1,126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −4.973% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.228% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4326 | +0.030% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4330 | +0.113% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4327 | +0.046% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4333 | +0.176% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4332 | +0.149% | $170K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4329 | +0.090% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4330 | +0.112% | $18.0M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4325 | −0.002% | $16.5M | $13.3M | 50x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
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 | 0.4325 | −0.002% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4327 | +0.044% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4329 | +0.090% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4328 | +0.067% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4327 | +0.044% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4327 | +0.044% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERPlong | +0.0100% | 1h | 0.4325 | long leg | $86K | $182K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4318 | −0.164% | $202K | $85K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4322 | −0.066% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTshort | +0.0100% | 1h | 0.4320 | −0.118% | $35K | $648K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4330 | +0.113% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4432 | +2.472% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4325 | −0.011% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4331 | +0.135% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4326 | +0.021% | $788K | $229K | 75x | as long as short |
| Lighter LDO | +0.0160% | 1h | 0.4339 | +0.314% | $880K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0296% | 1h | 0.4331 | +0.139% | $1.1M | $562K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4330 | +0.119% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4325 | +0.002% | $302K | — | 15x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP