Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h −0.422%
Price spread now: Injective against Paradex−3.440%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.440% cheaper against Paradex than usual: you would sell low and buy high (−$344 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LDO-USD-PERP | 0.4256 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $3K | — | 20x |
| Short | Injective LDO/USDC PERP | 0.4110 | 0.0033 | get 0.0004% / 1h | 48m 00s | $4K | $13 | 12x |
Paradex LDO-USD-PERP
Injective LDO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Paradex. 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
- −$13.94
- Price spread: −3.440% → 0.000%
- −$344.04
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$362
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Injective: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4261 | +0.107% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4260 | +0.084% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4258 | +0.037% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERPshort | +0.0033% | 1h | 0.4110 | −3.440% | $4K | $13 | 12x | |
| Lighter LDO | +0.0096% | 1h | 0.4266 | +0.215% | $866K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERPlong | +0.0100% | 8h | 0.4256 | long leg | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4259 | +0.060% | $11.6M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4261 | +0.096% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4261 | +0.106% | $109K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4256 | −0.010% | $17.8M | $31.1M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4252 | −0.104% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4255 | −0.034% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4258 | +0.037% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4255 | −0.034% | $7.6M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4259 | +0.060% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4256 | −0.010% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4255 | −0.034% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4259 | +0.051% | $92K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4260 | +0.090% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | +0.453% | $300K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.319% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4263 | +0.156% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4359 | +2.410% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4254 | −0.067% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4255 | −0.034% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0124% | 8h | 0.4256 | −0.010% | $915K | $252K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4260 | +0.084% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4259 | +0.050% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0495% | 1h | 0.4261 | +0.096% | $1.1M | $683K | 50x | as long as short |
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
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD