Funding you earn now, next payment 05:00 UTC+0.0564%/8h= +61.8% APRpaid last 24h +0.297%
Price spread now: KuCoin against Coinbase International+0.883%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2952.952% of the position
Funding, last 7 days+0.566%+$57 on $10k
+Price spread, last 4 days (all we have)−1.123%−$112 · spread now +0.883%, 7d avg +0.088%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.795% dearer against Coinbase International than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4192 | −0.0464 | get 0.0058% / 1h | 15m 54s | $117K | $41K | 50x |
| Short | KuCoin LDOUSDTM | 0.4229 | 0.0100 | get 0.0100% / 8h | 2h 15m | $2.7M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $118.44
- Price spread: +0.883% → +0.088%
- $79.5
- Slippage, 4 orders
- −$273.23
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.29
- Costs to cover
- 2.952%
- Break-even
- 12.7 days
Slippage from Coinbase International: live order book, 32 min ago; KuCoin: live order book, 6 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, 32 min ago | 27.25 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.18 bp | 42.7 bp −$43 | 279.0 bp −$2,790 | 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 | −0.0464% | 1h | 0.4192 | long leg | $117K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4226 | +0.818% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4228 | +0.859% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.956% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0072% | 8h | 0.4230 | +0.906% | $887K | $258K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4224 | +0.759% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4232 | +0.947% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4232 | +0.964% | $167K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4228 | +0.848% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4232 | +0.964% | $17.7M | $31.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4229 | +0.883% | $16.1M | $10.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4227 | +0.835% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4228 | +0.859% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4230 | +0.906% | $7.2M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4229 | +0.883% | $2.7M | $3.5M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4226 | +0.811% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4229 | +0.883% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4228 | +0.866% | $89K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4215 | +0.543% | $196K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4231 | +0.931% | $298K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +0.906% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4230 | +0.906% | $22K | $380K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4329 | +3.268% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4226 | +0.820% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4228 | +0.847% | $37K | — | 3x | as long as short |
| Lighter LDO | +0.0200% | 1h | 0.4236 | +1.042% | $854K | $267K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4228 | +0.851% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4227 | +0.826% | $295K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0598% | 1h | 0.4230 | +0.897% | $1.1M | $660K | 50x | as long as short |
Coinbase International LDO-PERP-INTX
KuCoin LDOUSDTM
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
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
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD