Funding you earn now, next payment 21:00 UTC+0.0788%/8h= +86.3% APRpaid last 24h +0.356%
Price spread now: BingX against Coinbase International+0.092%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.705%+$70 on $10k
+Price spread, last 3 days (all we have)−0.319%−$32 · spread now +0.092%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.046% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4325 | −0.0688 | get 0.0086% / 1h | 51m 56s | $117K | $55K | 50x |
| Short | BingX LDO-USDT | 0.4329 | 0.0100 | get 0.0100% / 8h | 2h 51m | — | $3.9M | — |
Coinbase International LDO-PERP-INTX
BingX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $165.48
- Price spread: +0.092% → +0.046%
- $4.62
- Slippage, 4 orders
- −$50.82
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $99.29
- Costs to cover
- 0.708%
- Break-even
- 2.8 days
Slippage from Coinbase International: live order book, 35 min ago; BingX: live order book, 13 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, 35 min ago | 13.79 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.61 bp | 13.1 bp −$13 | 21.9 bp −$219 | 96.7 bp −$9,665 | 386.8 bp −$193.4K |
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 | −0.0688% | 1h | 0.4325 | long leg | $117K | $55K | 50x | |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4336 | +0.247% | $1.1M | $555K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4334 | +0.208% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4334 | +0.208% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.272% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4339 | +0.324% | $795K | $229K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4329 | +0.090% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4335 | +0.229% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4335 | +0.220% | $170K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4332 | +0.170% | $111K | $182K | 10x | as long as short |
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4331 | +0.150% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4328 | +0.069% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4326 | +0.023% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4330 | +0.116% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4332 | +0.162% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4331 | +0.139% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4327 | +0.046% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDTshort | +0.0100% | 8h | 0.4329 | +0.092% | — | $3.9M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4333 | +0.187% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4340 | +0.358% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.439% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.347% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4334 | +0.213% | $26K | $688K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4433 | +2.497% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4326 | +0.031% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4330 | +0.106% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4345 | +0.460% | $880K | $263K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4334 | +0.217% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4329 | +0.090% | $302K | — | 15x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP