Funding you earn now, next payment 00:00 UTC+0.5000%/8h= +547.5% APRnext payment +$6.25 per $10,000 · paid last 24h +0.285%
Price spread now: Deribit against Injective+6.083%63s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$150 a day on $10k at the current rate, and Deribit is 6.083% dearer against Injective than usual: you sell high and buy low: +$608 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LDO/USDC PERP | 0.4110 | −0.5000 | get 0.0625% / 1h | 57m 42s | $4K | $14 | 12x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4360 | 0 | get 0.0000% / 1h | 57m 42s | $3K | $10K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- $1,050
- Price spread: +6.083% → 0.000%
- $608.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1,651.25
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and 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 PERPlong | −0.5000% | 1h | 0.4110 | long leg | $4K | $14 | 12x | |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4363 | +6.156% | $118K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4361 | +6.113% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4360 | +6.083% | $3K | $10K | 25x | |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4361 | +6.106% | $1.1M | $527K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4359 | +6.051% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4365 | +6.214% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4362 | +6.124% | $172K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4360 | +6.083% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4361 | +6.116% | $18.1M | $37.7M | 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 | 0.4357 | +6.010% | $16.6M | $12.8M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4354 | +5.937% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4358 | +6.034% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4360 | +6.083% | $8.5M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4360 | +6.083% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4357 | +6.010% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4357 | +6.010% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4361 | +6.105% | $88K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4352 | +5.886% | $204K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4359 | +6.059% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | +6.083% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4360 | +6.085% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4460 | +8.516% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4356 | +5.976% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4359 | +6.057% | $39K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0119% | 8h | 0.4362 | +6.131% | $790K | $225K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4359 | +6.064% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0334% | 1h | 0.4355 | +5.971% | $304K | — | 15x | as long as short |
| Lighter LDO | +0.0432% | 1h | 0.4369 | +6.311% | $886K | $268K | 10x | as long as short |
Injective LDO/USDC PERP
Deribit LDO_USDC-PERPETUAL
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
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
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
GMX LDO/USD [ETH-USDC]
Lighter LDO