Funding you earn now, next payment 00:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +0.359%
Price spread now: KuCoin against Injective+4.964%100s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.216%+$122 on $10k
+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 +$153 a day on $10k at the current rate, and KuCoin is 4.964% dearer against Injective than usual: you sell high and buy low: +$496 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.216% in total (about 63.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 59m 30s | $4K | $14 | 12x |
| Short | KuCoin LDOUSDTM | 0.4314 | 0.0100 | get 0.0100% / 8h | 7h 59m | $2.8M | $4.2M | 50x |
Injective LDO/USDC PERP
KuCoin LDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1,071
- Price spread: +4.964% → 0.000%
- $496.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1,555.33
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 8 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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 2.33 bp | 33.1 bp −$33 | 255.3 bp −$2,553 | doesn't fit | doesn't fit |
Injective: 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 | 0.4287 | +4.307% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4312 | +4.924% | $83K | $17K | 5x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4314 | +4.956% | $1.1M | $527K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4309 | +4.834% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4316 | +5.010% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4315 | +4.976% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4314 | +4.963% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4312 | +4.915% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4311 | +4.891% | $16.4M | $12.5M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Kraken Futures PF_LDOUSD
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 | 0.4308 | +4.818% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4308 | +4.818% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4312 | +4.915% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4314 | +4.964% | $2.8M | $4.2M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4311 | +4.891% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4308 | +4.818% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4313 | +4.939% | $87K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4304 | +4.718% | $201K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4312 | +4.919% | $304K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +4.866% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4313 | +4.942% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4415 | +7.421% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4308 | +4.809% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4314 | +4.967% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0111% | 8h | 0.4315 | +4.988% | $789K | $219K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0214% | 1h | 0.4316 | +5.012% | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4315 | +4.981% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4309 | +4.840% | $301K | — | 15x | as long as short |
| Lighter LDO | +0.0352% | 1h | 0.4322 | +5.163% | $877K | $267K | 10x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
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
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO