LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.64 per $10,000 · paid last 24h +0.312%

Price spread now: Pacifica against Coinbase International+0.032%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$830.833% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.742%+$74 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.032%, 7d avg +0.091%

Together, before fees+0.564%+ Points / potential airdropPacifica: Active · farm board+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.091%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LDO-PERP-INTX	0.4263	−0.0416	get 0.0052% / 1h	4m 16s	$119K	$41K	50x
Short	Pacifica LDO	0.4264	0.0100	get 0.0013% / 1h	4m 16s	$109K	$26K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PacificabpOrdersPrice spread, now +0.032%Rate

Funding earned: $108.36
Price spread: +0.032% → +0.091%: −$5.89
Slippage, 4 orders: −$65.3
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $19.17
Costs to cover: 0.833%
Break-even: 5.8 days

Slippage from Coinbase International: live order book, 53 min ago; Pacifica: live order book, 53 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, 53 min ago	15.23 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 53 min ago	5.84 bp	19.5 bp −$19	doesn't fit	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	−0.0416%	1h	0.4263	long leg	$119K	$41K	50x
dYdX LDO-USD	0.0000%	1h	0.4270	+0.164%	$82K	$5K	5x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−3.589%	$4K	$13	12x	as long as short
BloFin LDO-USDT	+0.0095%	8h	0.4265	+0.047%	$907K	$252K	75x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4261	−0.058%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4270	+0.162%	$11.6M	$3.2M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4268	+0.114%	$168K	$120K	10x	as long as short
Pacifica LDOshort	+0.0100%	1h	0.4264	+0.032%	$109K	$26K	10x
Binance LDOUSDT	+0.0100%	8h	0.4269	+0.138%	$17.9M	$31.0M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4267	+0.094%	$16.1M	$9.9M	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	0.4268	+0.117%	$4.0M	$6.8M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4268	+0.117%	$1.5M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4266	+0.070%	$7.7M	$6.5M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4266	+0.070%	$2.7M	$3.7M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4266	+0.070%	$3.3M	$3.1M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4267	+0.094%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4265	+0.038%	$91K	$176K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4265	+0.041%	$200K	$60K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4272	+0.217%	$306K	$3.4M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4270	+0.164%	$33K	$639K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4267	+0.087%	$23K	$516K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4367	+2.440%	$2K	$1.2M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4266	+0.065%	$260K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4270	+0.159%	$38K	—	3x	as long as short
Deribit LDO_USDC-PERPETUAL	+0.0219%	1h	0.4269	+0.141%	$7K	$20K	25x	as long as short
Lighter LDO	+0.0296%	1h	0.4281	+0.418%	$872K	$267K	10x	as long as short
GMX LDO/USD [ETH-USDC]	L +0.0319% / S −0.0201%	1h	0.4267	+0.100%	$23K	—	100x	as long as short
Reya LDORUSDPERP	+0.0341%	1h	0.4266	+0.061%	$297K	—	15x	as long as short
Kraken Futures PF_LDOUSD	+0.0494%	1h	0.4274	+0.257%	$1.1M	$680K	50x	as long as short