Funding you earn now, next payment 02:00 UTC+0.0612%/8h= +67.0% APRpaid last 24h +0.325%
Price spread now: Bitget against Coinbase International+0.446%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days+0.736%+$74 on $10k
+Price spread, last 4 days (all we have)−0.723%−$72 · spread now +0.446%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bitget is 0.413% dearer against Coinbase International than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4259 | −0.0512 | get 0.0064% / 1h | 44m 16s | $119K | $43K | 50x |
| Short | Bitget LDOUSDT | 0.4278 | 0.0100 | get 0.0100% / 8h | 5h 44m | $3.3M | $3.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $128.52
- Price spread: +0.446% → +0.033%
- $41.31
- Slippage, 4 orders
- −$53.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $94.48
- Costs to cover
- 0.754%
- Break-even
- 1.9 days
Slippage from Coinbase International: live order book, 18 min ago; Bitget: live order book, 3 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, 18 min ago | 13.96 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.34 bp | 16.5 bp −$16 | 33.4 bp −$334 | 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 | −0.0512% | 1h | 0.4259 | long leg | $119K | $43K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | +0.493% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4279 | +0.470% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.498% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4276 | +0.404% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4279 | +0.470% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4280 | +0.486% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4281 | +0.515% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4278 | +0.455% | $17.9M | $32.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4277 | +0.423% | $16.1M | $10.5M | 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 | 0.4280 | +0.493% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4279 | +0.470% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4281 | +0.517% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4278 | +0.446% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDTshort | +0.0100% | 8h | 0.4278 | +0.446% | $3.3M | $3.2M | 75x | |
| BingX LDO-USDT | +0.0100% | 8h | 0.4275 | +0.376% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4279 | +0.472% | $89K | $142K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4268 | +0.206% | $200K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4268 | +0.214% | $303K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | +0.493% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4279 | +0.479% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4378 | +2.794% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0103% | 8h | 0.4280 | +0.493% | — | $255K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4276 | +0.390% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4278 | +0.440% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4276 | +0.393% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4275 | +0.377% | $298K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4287 | +0.667% | $871K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0577% | 1h | 0.4283 | +0.552% | $1.2M | $711K | 50x | as long as short |
Coinbase International LDO-PERP-INTX
Bitget LDOUSDT
Deribit LDO_USDC-PERPETUAL
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
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Extended LDO-USD
GMX LDO/USD [ETH-USDC]
Lighter LDO
Kraken Futures PF_LDOUSD