Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Extended against Hyperliquid−0.167%7-day average −0.178% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.167%, 7d avg −0.178%
=Together, before fees−0.160%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LDO | 0.4318 | 0.0100 | pay 0.0013% / 1h | 55m 53s | $11.9M | $3.8M | 5x |
| Short | Extended LDO-USD | 0.4311 | 0.0104 | get 0.0013% / 1h | 55m 53s | $259K | $1.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- $0.84
- Price spread: −0.167% → −0.178%
- $1.08
- Slippage, 4 orders
- −$40.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$53.02
- Costs to cover
- 0.549%
- Break-even
- 448.9 days
Slippage from Hyperliquid: live order book, 7 min ago; Extended: live order book, 2 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 Hyperliquid live order book, 7 min ago | 0.12 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 5.83 bp | 17.9 bp −$18 | 79.8 bp −$798 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4270 | −1.118% | $4K | $13 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.072% | $116K | $54K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0214% | 1h | 0.4312 | −0.146% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4301 | −0.410% | $83K | $17K | 5x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4326 | +0.176% | $878K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4309 | −0.206% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDOlong | +0.0100% | 1h | 0.4318 | long leg | $11.9M | $3.8M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4313 | −0.123% | $170K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4312 | −0.146% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4315 | −0.080% | $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 | 0.4311 | −0.169% | $16.4M | $13.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4310 | −0.192% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4312 | −0.146% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4315 | −0.076% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4313 | −0.123% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4313 | −0.123% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4311 | −0.169% | — | $3.9M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4292 | −0.602% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4296 | −0.517% | $308K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.424% | $34K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4314 | −0.104% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4413 | +2.193% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4311 | −0.167% | $259K | $1.0M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4313 | −0.123% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0117% | 8h | 0.4298 | −0.470% | $788K | $227K | 75x | as long as short |
| Backpack LDO_USDC_PERP | +0.0179% | 1h | 0.4314 | −0.100% | $86K | $186K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0297% | 1h | 0.4315 | −0.075% | $1.1M | $564K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4313 | −0.133% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4307 | −0.267% | $300K | — | 15x | as long as short |
Hyperliquid LDO
Extended LDO-USD
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Paradex LDO-USD-PERP
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
BloFin LDO-USDT
Backpack LDO_USDC_PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]