Funding you earn now, next payment 21:00 UTC−0.0792%/8h= −86.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.357%
Price spread now: Coinbase International against Extended−0.684%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days−0.607%−$61 on $10k
+Price spread, last 3 days (all we have)+0.925%+$92 · spread now −0.684%, 7d avg +0.018%
=Together, before fees+0.317%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Coinbase International is 0.702% cheaper against Extended than usual: you would sell low and buy high (−$70 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4320 | 0.0104 | pay 0.0013% / 1h | 36m 41s | $259K | $1.0M | 25x |
| Short | Coinbase International LDO-PERP-INTX | 0.4290 | −0.0688 | pay 0.0086% / 1h | 36m 41s | $116K | $54K | 50x |
Extended LDO-USD
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$166.32
- Price spread: −0.684% → +0.018%
- −$70.19
- Slippage, 4 orders
- −$62.28
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$313.79
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Coinbase International: live order book, 51 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 Extended live order book, 2 min ago | 5.80 bp | 17.7 bp −$18 | 79.0 bp −$790 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 51 min ago | 13.79 bp | 18.8 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-INTXshort | −0.0688% | 1h | 0.4290 | −0.684% | $116K | $54K | 50x | |
| Kraken Futures PF_LDOUSD | −0.0329% | 1h | 0.4325 | +0.128% | $1.1M | $557K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0212% | 1h | 0.4323 | +0.080% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4322 | +0.054% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.147% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0073% | 8h | 0.4325 | +0.126% | $795K | $228K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4336 | +0.386% | $879K | $264K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4321 | +0.042% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4325 | +0.117% | $11.9M | $3.5M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4325 | +0.121% | $170K | $144K | 10x | as long as short |
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4322 | +0.050% | $111K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4322 | +0.058% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4321 | +0.034% | $16.8M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4318 | −0.036% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4319 | −0.013% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4322 | +0.057% | $8.7M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4323 | +0.080% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4320 | +0.011% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4318 | −0.036% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4324 | +0.110% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4315 | −0.116% | $201K | $89K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4315 | −0.107% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | +0.011% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4325 | +0.115% | $34K | $697K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4422 | +2.372% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4320 | long leg | $259K | $1.0M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4323 | +0.083% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4323 | +0.090% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4320 | +0.009% | $301K | — | 15x | as long as short |
Pacifica LDO
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
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP