Funding you earn now, next payment 01:00 UTC−0.0486%/8h= −53.2% APRpaid last 24h −0.334%
Price spread now: Coinbase International against BloFin−0.116%58s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3363.362% of the position
Funding, last 7 days−0.661%−$66 on $10k
+Price spread, last 3 days (all we have)+0.318%+$32 · spread now −0.116%, 7d avg −0.100%
=The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. The two prices were read 58 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 | BloFin LDO-USDT | 0.4299 | 0.0070 | pay 0.0070% / 8h | 6h 49m | $917K | $240K | 75x |
| Short | Coinbase International LDO-PERP-INTX | 0.4294 | −0.0416 | pay 0.0052% / 1h | 49m 57s | $119K | $45K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$102.08
- Price spread: −0.116% → −0.100%
- −$1.62
- Slippage, 4 orders
- −$314.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$439.86
- Costs to cover
- 3.362%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Coinbase International: live order book, 18 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 BloFin live order book, 17 min ago | 4.61 bp | 13.7 bp −$14 | 28.0 bp −$280 | 93.3 bp −$9,327 | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 8.05 bp | 211.1 bp −$211 | 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 | 0.4294 | −0.116% | $119K | $45K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | +0.027% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.396% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0070% | 8h | 0.4299 | long leg | $917K | $240K | 75x | |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4301 | +0.050% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4303 | +0.088% | $11.9M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4300 | +0.027% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4304 | +0.112% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4302 | +0.063% | $18.1M | $34.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4297 | −0.047% | $16.2M | $11.2M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4298 | −0.023% | $4.0M | $8.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4298 | −0.023% | $1.4M | $949K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4302 | +0.070% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4300 | +0.023% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4301 | +0.047% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4298 | −0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4299 | −0.002% | $88K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4293 | −0.143% | $202K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4285 | −0.326% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.442% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4306 | +0.156% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4398 | +2.303% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4299 | 0.000% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4300 | +0.023% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0136% | 1h | 0.4309 | +0.223% | $875K | $267K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4299 | 0.000% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4296 | −0.075% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4299 | −0.003% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0559% | 1h | 0.4307 | +0.188% | $1.2M | $705K | 50x | as long as short |
BloFin LDO-USDT
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
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
Lighter LDO
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD