Funding you earn now, next payment 22:00 UTC+0.0718%/8h= +78.7% APRpaid last 24h +0.349%
Price spread now: BloFin against Coinbase International+1.662%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs+$88as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.650%+$65 on $10k
+Price spread, last 3 days (all we have)−1.863%−$186 · spread now +1.662%, 7d avg +0.106%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and BloFin is 1.555% dearer against Coinbase International than usual: you sell high and buy low: +$156 more if the spread goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4272 | −0.0600 | get 0.0075% / 1h | 38m 36s | $116K | $54K | 50x |
| Short | BloFin LDO-USDT | 0.4343 | 0.0118 | get 0.0118% / 8h | 1h 38m | $792K | $230K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $150.86
- Price spread: +1.662% → +0.106%
- $155.55
- Slippage, 4 orders
- −$45.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $238.56
- Costs to cover
- 0.679%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 44 min ago; BloFin: live order book, 43 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, 44 min ago | 14.91 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 6.88 bp | 12.9 bp −$13 | 19.0 bp −$190 | 61.1 bp −$6,107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −3.792% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTXlong | −0.0600% | 1h | 0.4272 | long leg | $116K | $54K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4344 | +1.696% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4345 | +1.709% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4345 | +1.701% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4348 | +1.784% | $12.0M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4344 | +1.691% | $171K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4346 | +1.732% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4347 | +1.756% | $18.1M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4343 | +1.662% | $16.6M | $13.3M | 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 | 0.4341 | +1.615% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4344 | +1.685% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4346 | +1.732% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4345 | +1.709% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4343 | +1.662% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4344 | +1.685% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4345 | +1.704% | $86K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4318 | +1.077% | $202K | $85K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4324 | +1.217% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +1.358% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4337 | +1.524% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4439 | +3.909% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4342 | +1.633% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4345 | +1.720% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0118% | 8h | 0.4343 | +1.662% | $792K | $230K | 75x | |
| Lighter LDO | +0.0176% | 1h | 0.4355 | +1.950% | $884K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0295% | 1h | 0.4345 | +1.705% | $1.1M | $563K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4345 | +1.702% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4341 | +1.605% | $303K | — | 15x | as long as short |
Coinbase International LDO-PERP-INTX
BloFin LDO-USDT
Injective LDO/USDC PERP
Deribit LDO_USDC-PERPETUAL
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
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]