Funding you earn now, next payment 21:00 UTC+0.0792%/8h= +86.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.357%
Price spread now: Extended against Coinbase International−0.205%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$720.725% of the position
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now −0.205%, 7d avg −0.018%
=Together, before fees+0.572%+ Points / potential airdropExtended: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.187% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.018%). If the spread goes back, that is −$19 on $10k: about 19 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.607% in total) that is about 2.2 days.
| 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 | 47m 28s | $117K | $55K | 50x |
| Short | Extended LDO-USD | 0.4316 | 0.0104 | get 0.0013% / 1h | 47m 28s | $259K | $1.0M | 25x |
Coinbase International LDO-PERP-INTX
Extended LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $166.32
- Price spread: −0.205% → −0.018%
- −$18.71
- Slippage, 4 orders
- −$57.48
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $75.13
- Costs to cover
- 0.725%
- Break-even
- 3.8 days
Slippage from Coinbase International: live order book, 40 min ago; Extended: live order book, 1 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, 40 min ago | 13.79 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.47 bp | 15.4 bp −$15 | 108.0 bp −$1,080 | 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 | −0.0688% | 1h | 0.4325 | long leg | $117K | $55K | 50x | |
| Deribit LDO_USDC-PERPETUAL | −0.0442% | 1h | 0.4332 | +0.162% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4333 | +0.187% | $1.1M | $554K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4328 | +0.069% | $84K | $17K | 5x | 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 | +0.0084% | 8h | 0.4324 | −0.023% | $794K | $229K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4338 | +0.289% | $879K | $263K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4325 | −0.007% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4323 | −0.053% | $11.9M | $3.5M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4328 | +0.070% | $170K | $144K | 10x | as long as short |
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4328 | +0.058% | $111K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4320 | −0.116% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4318 | −0.162% | $16.8M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4316 | −0.208% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4325 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4319 | −0.139% | $8.8M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4320 | −0.116% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4316 | −0.208% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4317 | −0.185% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4334 | +0.197% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4319 | −0.150% | $202K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4327 | +0.042% | $310K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.116% | $35K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4322 | −0.065% | $34K | $696K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4429 | +2.405% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4316 | −0.205% | $259K | $1.0M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4330 | +0.127% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4333 | +0.196% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4318 | −0.152% | $301K | — | 15x | as long as short |
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
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP