Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: SunX against Backpack+2.201%49s7-day average +2.304% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now +2.201%, 7d avg +2.304%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.103% cheaper against Backpack than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +2.304%. The two prices were read 49 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 | Backpack LDO_USDC_PERP | 0.4261 | 0.0100 | pay 0.0013% / 1h | 54m 23s | $88K | $153K | 10x |
| Short | SunX LDO-USDT | 0.4355 | 0.0100 | get 0.0100% / 8h | 6h 54m | $1K | $1.3M | 20x |
Backpack LDO_USDC_PERP
SunX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +2.201% → +2.304%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$28.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 14 min ago; SunX: live order book, 10 min ago. 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 Backpack live order book, 14 min ago | 1.27 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 253.52 bp | doesn't fit | 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 | −0.0416% | 1h | 0.4245 | −0.380% | $118K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4261 | +0.003% | $82K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.548% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4248 | −0.309% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4255 | −0.153% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4255 | −0.148% | $167K | $133K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4262 | +0.019% | $109K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4255 | −0.145% | $17.9M | $34.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4252 | −0.216% | $16.1M | $11.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4253 | −0.192% | $4.0M | $8.1M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4251 | −0.239% | $1.4M | $939K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4252 | −0.216% | $7.6M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4253 | −0.192% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4260 | −0.028% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4250 | −0.263% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERPlong | +0.0100% | 1h | 0.4261 | long leg | $88K | $153K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4257 | −0.091% | $200K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4285 | +0.559% | $301K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | +0.676% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4254 | −0.178% | $22K | $717K | 5x | as long as short |
| SunX LDO-USDTshort | +0.0100% | 8h | 0.4355 | +2.201% | $1K | $1.3M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4256 | −0.133% | $255K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4259 | −0.043% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0111% | 8h | 0.4262 | +0.019% | $919K | $207K | 75x | as long as short |
| Lighter LDO | +0.0168% | 1h | 0.4271 | +0.230% | $867K | $267K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0220% | 1h | 0.4260 | −0.028% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4254 | −0.171% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4248 | −0.318% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0564% | 1h | 0.4266 | +0.119% | $1.1M | $508K | 50x | as long as short |
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
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Lighter LDO
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD