Funding you earn now, next payment 23:00 UTC−0.0851%/8h= −93.2% APRnext payment −$1.06 per $10,000 · paid last 24h −0.285%
Price spread now: Injective against Deribit−0.882%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Injective is 0.882% cheaper against Deribit than usual: you would sell low and buy high (−$88 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LDO_USDC-PERPETUAL | 0.4308 | 0 | get 0.0000% / 1h | 52m 26s | $3K | $10K | 25x |
| Short | Injective LDO/USDC PERP | 0.4270 | −0.0851 | pay 0.0106% / 1h | 52m 26s | $4K | $13 | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- −$178.68
- Price spread: −0.882% → 0.000%
- −$88.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$273.9
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Deribit and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERPshort | −0.0851% | 1h | 0.4270 | −0.882% | $4K | $13 | 12x | |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −0.836% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4307 | −0.033% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALlong | 0.0000% | 1h | 0.4308 | long leg | $3K | $10K | 25x | |
| BloFin LDO-USDT | +0.0095% | 8h | 0.4309 | +0.023% | $788K | $228K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4310 | +0.038% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4314 | +0.146% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4312 | +0.104% | $170K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4311 | +0.060% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4312 | +0.095% | $18.0M | $38.4M | 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 | 0.4306 | −0.046% | $16.4M | $13.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4305 | −0.070% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4311 | +0.070% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4312 | +0.093% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4310 | +0.046% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4309 | +0.023% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4307 | −0.023% | — | $3.8M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4306 | −0.043% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4317 | +0.209% | $310K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | +0.279% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4314 | +0.139% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4410 | +2.368% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4307 | −0.028% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4312 | +0.088% | $38K | — | 3x | as long as short |
| Backpack LDO_USDC_PERP | +0.0116% | 1h | 0.4307 | −0.028% | $86K | $186K | 10x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4323 | +0.355% | $877K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0298% | 1h | 0.4312 | +0.083% | $1.1M | $564K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4310 | +0.052% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4309 | +0.029% | $301K | — | 15x | as long as short |
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
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
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Backpack LDO_USDC_PERP
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]