Funding you earn now, next payment 05:00 UTC+0.0564%/8h= +61.8% APRpaid last 24h +0.286%
Price spread now: Variational Omni against Coinbase International+0.663%58s7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.547%+$55 on $10k
+Price spread, last 4 days (all we have)−0.894%−$89 · spread now +0.663%, 7d avg +0.028%
=Together, before fees−0.347%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Variational Omni is 0.635% dearer against Coinbase International than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4189 | −0.0464 | get 0.0058% / 1h | 42m 18s | $116K | $40K | 50x |
| Short | Variational Omni LDO | 0.4217 | 0.0100 | get 0.0100% / 8h | 2h 42m | $198K | $60K | — |
Coinbase International LDO-PERP-INTX
Variational Omni LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.663% → +0.028%
- $63.5
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $171.94
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 7 min ago. Net counts fees only.
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, 5 min ago | 27.25 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 7 min ago | 5.91 bp | doesn't fit | 34.3 bp −$343 | 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 | 0.4189 | long leg | $116K | $40K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4218 | +0.696% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4215 | +0.621% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.886% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0091% | 8h | 0.4217 | +0.668% | $897K | $256K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4211 | +0.517% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4214 | +0.606% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4216 | +0.643% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4214 | +0.605% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4214 | +0.597% | $17.7M | $30.8M | 75x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4211 | +0.525% | $15.9M | $10.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4214 | +0.597% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4212 | +0.549% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4212 | +0.549% | $7.3M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4213 | +0.573% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4213 | +0.573% | $3.2M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4213 | +0.573% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4212 | +0.556% | $90K | $179K | 10x | as long as short |
| Variational Omni LDOshort | +0.0100% | 8h | 0.4217 | +0.663% | $198K | $60K | — | |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4217 | +0.679% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4220 | +0.740% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4214 | +0.590% | $27K | $368K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4311 | +2.912% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4212 | +0.554% | $253K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4216 | +0.635% | $37K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4212 | +0.556% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4210 | +0.495% | $294K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4222 | +0.783% | $851K | $263K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0599% | 1h | 0.4220 | +0.740% | $1.1M | $658K | 50x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD