Funding you earn now, next payment 03:00 UTC−0.0516%/8h= −56.5% APRpaid last 24h −0.312%
Price spread now: Coinbase International against BingX+0.328%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days−0.742%−$74 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.328%, 7d avg −0.050%
=The price spread pays, funding is against you. Coinbase International is 0.378% dearer against BingX than usual: you sell high and buy low (spread +0.328% now, against its 7-day average of −0.050%): +$38 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4274 | 0.0100 | pay 0.0100% / 8h | 4h 53m | — | $9.9M | — |
| Short | Coinbase International LDO-PERP-INTX | 0.4288 | −0.0416 | pay 0.0052% / 1h | 53m 27s | $119K | $41K | 50x |
BingX LDO-USDT
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$108.36
- Price spread: +0.328% → −0.050%
- $37.8
- Slippage, 4 orders
- −$52.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$143.47
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Coinbase International: live order book, 4 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 BingX live order book, 15 min ago | 3.49 bp | 13.1 bp −$13 | 27.2 bp −$272 | 172.9 bp −$17.3K | 466.5 bp −$233.3K |
| Sell Coinbase International live order book, 4 min ago | 15.23 bp | 20.2 bp −$20 | 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-INTXshort | −0.0416% | 1h | 0.4288 | +0.328% | $119K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | −0.041% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4273 | −0.023% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.837% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4272 | −0.040% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4277 | +0.073% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4279 | +0.111% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4277 | +0.059% | $110K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4277 | +0.064% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4271 | −0.070% | $16.1M | $9.9M | 50x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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 | 0.4273 | −0.023% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4276 | +0.047% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4276 | +0.047% | $7.7M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4276 | +0.047% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4275 | +0.023% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4274 | long leg | — | $9.9M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4273 | −0.021% | $93K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4283 | +0.206% | $201K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4279 | +0.118% | $301K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.094% | $33K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4277 | +0.070% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4375 | +2.363% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4272 | −0.050% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4272 | −0.040% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0117% | 8h | 0.4278 | +0.094% | $922K | $253K | 75x | as long as short |
| Lighter LDO | +0.0128% | 1h | 0.4284 | +0.234% | $870K | $265K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4273 | −0.012% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4273 | −0.016% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4277 | +0.064% | $1.1M | $683K | 50x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD