Funding you earn now, next payment 02:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h −0.325%
Price spread now: Coinbase International against KuCoin−0.792%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days−0.552%−$55 on $10k
+Price spread, last 4 days (all we have)+1.019%+$102 · spread now −0.792%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Coinbase International is 0.713% cheaper against KuCoin than usual: you would sell low and buy high (−$71 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LDOUSDTM | 0.4293 | 0.0100 | pay 0.0100% / 8h | 5h 36m | $2.7M | $4.0M | 50x |
| Short | Coinbase International LDO-PERP-INTX | 0.4259 | −0.0512 | pay 0.0064% / 1h | 36m 34s | $119K | $43K | 50x |
KuCoin LDOUSDTM
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- −$128.52
- Price spread: −0.792% → −0.079%
- −$71.3
- Slippage, 4 orders
- −$103.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$325.57
- Costs to cover
- 1.257%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Coinbase International: live order book, 26 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 KuCoin live order book, 6 min ago | 2.33 bp | 33.3 bp −$33 | 783.9 bp −$7,839 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 13.96 bp | 19.0 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 | −0.0512% | 1h | 0.4259 | −0.792% | $119K | $43K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4289 | −0.098% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.263% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0098% | 8h | 0.4282 | −0.256% | $912K | $254K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4292 | −0.029% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4291 | −0.047% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4292 | −0.013% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4295 | +0.045% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4296 | +0.074% | $18.0M | $31.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4292 | −0.023% | $16.1M | $10.4M | 50x | as long as short |
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
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 | 0.4293 | 0.000% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4292 | −0.023% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4295 | +0.047% | $7.8M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTMlong | +0.0100% | 8h | 0.4293 | long leg | $2.7M | $4.0M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4295 | +0.047% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4294 | +0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4291 | −0.044% | $87K | $144K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4279 | −0.322% | $201K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4281 | −0.287% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.303% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4291 | −0.044% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4389 | +2.236% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4292 | −0.022% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4289 | −0.091% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0216% | 1h | 0.4290 | −0.070% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4290 | −0.081% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4286 | −0.162% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4302 | +0.212% | $874K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0576% | 1h | 0.4292 | −0.022% | $1.2M | $697K | 50x | 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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD