Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.063%
Price spread now: Pacifica against Deribit+0.046%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.046% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LDO_USDC-PERPETUAL | 0.4330 | 0 | get 0.0000% / 1h | 39m 42s | $3K | $10K | 25x |
| Short | Pacifica LDO | 0.4332 | 0.0100 | get 0.0013% / 1h | 39m 42s | $111K | $178K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: +0.046% → 0.000%
- $4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $10.62
- Costs to cover
- 0.150%
- Break-even
- 3.5 days
Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 43 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 43 min ago | 3.44 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 PERP | −0.0851% | 1h | 0.4110 | −5.081% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.339% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4326 | −0.083% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALlong | 0.0000% | 1h | 0.4330 | long leg | $3K | $10K | 25x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4330 | −0.006% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4335 | +0.125% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4332 | +0.057% | $170K | $152K | 10x | as long as short |
| Pacifica LDOshort | +0.0100% | 1h | 0.4332 | +0.046% | $111K | $178K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4332 | +0.050% | $18.0M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4327 | −0.069% | $16.5M | $13.3M | 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 | 0.4327 | −0.069% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4330 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4332 | +0.046% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4332 | +0.046% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4329 | −0.023% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4329 | −0.023% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4332 | +0.048% | $86K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4318 | −0.277% | $202K | $85K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4322 | −0.179% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.231% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4330 | 0.000% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4432 | +2.356% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4328 | −0.052% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4331 | +0.021% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4326 | −0.092% | $788K | $229K | 75x | as long as short |
| Lighter LDO | +0.0160% | 1h | 0.4339 | +0.215% | $881K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0296% | 1h | 0.4331 | +0.026% | $1.1M | $562K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4330 | +0.005% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4325 | −0.111% | $302K | — | 15x | as long as short |
Deribit LDO_USDC-PERPETUAL
Pacifica LDO
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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
Extended LDO-USD
BloFin LDO-USDT
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]