Funding you earn now, next payment 03:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.64 per $10,000 · paid last 24h +0.311%
Price spread now: ApeX Omni against Coinbase International+0.211%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days+0.703%+$70 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.211%, 7d avg +0.176%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and ApeX Omni is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.176%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4261 | −0.0416 | get 0.0052% / 1h | 49m 26s | $119K | $41K | 50x |
| Short | ApeX Omni LDOUSDT | 0.4270 | 0.0100 | get 0.0013% / 1h | 49m 26s | $33K | $640K | 50x |
Coinbase International LDO-PERP-INTX
ApeX Omni LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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: +0.211% → +0.176%
- $3.47
- Slippage, 4 orders
- −$54.6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $37.23
- Costs to cover
- 0.746%
- Break-even
- 4.6 days
Slippage from Coinbase International: live order book, 8 min ago; ApeX Omni: live order book, 9 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 Coinbase International live order book, 8 min ago | 15.23 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 9 min ago | 7.03 bp | 14.5 bp −$15 | 91.5 bp −$915 | 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-INTXlong | −0.0416% | 1h | 0.4261 | long leg | $119K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4260 | −0.023% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4256 | −0.117% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.544% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4270 | +0.202% | $867K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4259 | −0.038% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4259 | −0.035% | $11.6M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4260 | −0.026% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4261 | −0.002% | $109K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4258 | −0.068% | $17.9M | $31.1M | 75x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4253 | −0.188% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4254 | −0.164% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4258 | −0.070% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4257 | −0.094% | $7.7M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4259 | −0.047% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4254 | −0.164% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4257 | −0.094% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4260 | −0.012% | $92K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4260 | −0.017% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | +0.345% | $300K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDTshort | +0.0100% | 1h | 0.4270 | +0.211% | $33K | $640K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4259 | −0.052% | $22K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4359 | +2.300% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4252 | −0.209% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4255 | −0.143% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0104% | 8h | 0.4264 | +0.070% | $917K | $252K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4257 | −0.100% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4254 | −0.156% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0495% | 1h | 0.4259 | −0.037% | $1.1M | $683K | 50x | as long as short |
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
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD