Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Bybit against Pacifica−0.116%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.116%, 7d avg −0.092%
=Together, before fees−0.236%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.024% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LDO | 0.4312 | 0.0100 | pay 0.0013% / 1h | 56m 33s | $111K | $178K | 10x |
| Short | Bybit LDOUSDT | 0.4307 | 0.0100 | get 0.0100% / 8h | 1h 56m | $16.4M | $13.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. 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
- Price spread: −0.116% → −0.092%
- −$2.44
- Slippage, 4 orders
- −$43.9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$65.35
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 26 min ago; Bybit: 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 Pacifica live order book, 26 min ago | 3.44 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.17 bp | 12.4 bp −$12 | 35.3 bp −$353 | 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 | −0.974% | $4K | $13 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −0.928% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4301 | −0.264% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4302 | −0.232% | $3K | $10K | 25x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4325 | +0.304% | $878K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4309 | −0.060% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4315 | +0.079% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4312 | −0.004% | $170K | $152K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4312 | long leg | $111K | $178K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4313 | +0.016% | $17.9M | $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 LDOUSDTshort | +0.0100% | 8h | 0.4307 | −0.116% | $16.4M | $13.4M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4307 | −0.116% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4307 | −0.116% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4312 | 0.000% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4311 | −0.023% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4309 | −0.070% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4310 | −0.046% | — | $3.9M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4292 | −0.457% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4296 | −0.372% | $308K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.278% | $34K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4314 | +0.042% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4403 | +2.110% | $1K | $1.5M | 20x | as long as short |
| Backpack LDO_USDC_PERP | +0.0103% | 1h | 0.4306 | −0.128% | $86K | $186K | 10x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4309 | −0.080% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4302 | −0.238% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0117% | 8h | 0.4298 | −0.325% | $788K | $227K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0298% | 1h | 0.4305 | −0.162% | $1.1M | $564K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4301 | −0.260% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4295 | −0.388% | $300K | — | 15x | as long as short |
Pacifica LDO
Bybit LDOUSDT
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Binance 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
Backpack LDO_USDC_PERP
Extended LDO-USD
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]