Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.046%
Price spread now: Deribit against Extended+0.164%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
=The price spread pays, funding is against you. Deribit is 0.164% dearer against Extended than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4240 | 0.0104 | pay 0.0013% / 1h | 12m 22s | $255K | $1.2M | 25x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4247 | 0 | get 0.0000% / 1h | 12m 22s | $7K | $20K | 25x |
Extended LDO-USD
Deribit LDO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21.84
- Price spread: +0.164% → 0.000%
- $16.41
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.43
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 1 min ago; Deribit: 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 Extended live order book, 1 min ago | 5.89 bp | 18.2 bp −$18 | 102.7 bp −$1,027 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0352% | 1h | 0.4227 | −0.308% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4246 | +0.150% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4247 | +0.164% | $7K | $20K | 25x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.067% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4241 | +0.015% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4243 | +0.072% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4241 | +0.031% | $167K | $93K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4245 | +0.108% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4241 | +0.027% | $17.8M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4240 | −0.001% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4240 | −0.001% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4240 | −0.001% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4240 | −0.001% | $7.5M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4242 | +0.046% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4239 | −0.025% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4241 | +0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4245 | +0.129% | $91K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4248 | +0.182% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4246 | +0.142% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.235% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4243 | +0.072% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4345 | +2.475% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4240 | long leg | $255K | $1.2M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4247 | +0.164% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0129% | 8h | 0.4249 | +0.211% | $905K | $255K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4239 | −0.026% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4239 | −0.034% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0396% | 1h | 0.4250 | +0.230% | $1.1M | $658K | 50x | as long as short |
| Lighter LDO | +0.0472% | 1h | 0.4253 | +0.306% | $855K | $269K | 10x | as long as short |
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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD
Lighter LDO