Funding you earn now, next payment 01:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.321%
Price spread now: Bybit against Coinbase International+0.023%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3433.432% of the position
Funding, last 7 days+0.622%+$62 on $10k
+Price spread, last 3 days (all we have)−0.290%−$29 · spread now +0.023%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.024% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4286 | −0.0416 | get 0.0052% / 1h | 31m 55s | $119K | $44K | 50x |
| Short | Bybit LDOUSDT | 0.4287 | 0.0100 | get 0.0100% / 8h | 6h 31m | $16.1M | $11.0M | 50x |
Coinbase International LDO-PERP-INTX
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.023% → −0.001%
- $2.45
- Slippage, 4 orders
- −$322.2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$232.39
- Costs to cover
- 3.432%
- Break-even
- 22.0 days
Slippage from Coinbase International: live order book, 36 min ago; Bybit: live order book, 2 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, 36 min ago | 8.05 bp | 100.7 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.34 bp | 17.2 bp −$17 | 36.8 bp −$368 | doesn't fit | 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-INTXlong | −0.0416% | 1h | 0.4286 | long leg | $119K | $44K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4287 | +0.031% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.106% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4285 | −0.020% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | +0.147% | $11.9M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4293 | +0.163% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4291 | +0.115% | $110K | $160K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4292 | +0.134% | $17.9M | $33.9M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4287 | +0.023% | $16.1M | $11.0M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4287 | +0.023% | $4.0M | $7.8M | 50x | as long as short |
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
OKX LDO-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4290 | +0.093% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4284 | −0.047% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4290 | +0.093% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | +0.070% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4289 | +0.070% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4290 | +0.089% | $89K | $158K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4280 | −0.132% | $201K | $78K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4282 | −0.094% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.140% | $33K | $643K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4294 | +0.198% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4393 | +2.497% | $1K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4281 | −0.126% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4292 | +0.148% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0208% | 1h | 0.4300 | +0.317% | $874K | $268K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0216% | 1h | 0.4295 | +0.210% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4291 | +0.122% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4292 | +0.149% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0560% | 1h | 0.4294 | +0.193% | $1.2M | $784K | 50x | as long as short |
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
Aevo LDO-PERP
Lighter LDO
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD