Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Bybit+0.093%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.093%, 7d avg +0.076%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LDOUSDT | 0.4291 | 0.0100 | pay 0.0100% / 8h | 6h 06m | $16.1M | $10.7M | 50x |
| Short | Binance LDOUSDT | 0.4295 | 0.0100 | get 0.0100% / 8h | 6h 06m | $18.0M | $33.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.093% → +0.076%
- $1.73
- Slippage, 4 orders
- −$30.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.07
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 5 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 Bybit live order book, 1 min ago | 2.33 bp | 11.9 bp −$12 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.17 bp | 11.2 bp −$11 | 28.9 bp −$289 | 130.4 bp −$13.0K | doesn't fit |
LDO on 28 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 | 0.4259 | −0.746% | $119K | $44K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4286 | −0.113% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4294 | +0.070% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.218% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4291 | +0.003% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4295 | +0.100% | $11.8M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4293 | +0.056% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4294 | +0.075% | $110K | $158K | 10x | as long as short |
| Binance LDOUSDTshort | +0.0100% | 8h | 0.4295 | +0.093% | $18.0M | $33.0M | 75x | |
| Bybit LDOUSDTlong | +0.0100% | 8h | 0.4291 | long leg | $16.1M | $10.7M | 50x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4290 | −0.023% | $4.0M | $7.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4294 | +0.070% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4295 | +0.093% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4292 | +0.023% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4290 | −0.023% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4292 | +0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4294 | +0.063% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4287 | −0.099% | $201K | $70K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4277 | −0.326% | $304K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.256% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4292 | +0.016% | $23K | $687K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4394 | +2.400% | $1K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4289 | −0.053% | $259K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4291 | +0.007% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0280% | 1h | 0.4301 | +0.240% | $874K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4292 | +0.017% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4288 | −0.068% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0560% | 1h | 0.4297 | +0.133% | $1.2M | $774K | 50x | as long as short |
Bybit LDOUSDT
Binance LDOUSDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD