Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Backpack against SunX−2.180%7-day average −2.302% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −2.180%, 7d avg −2.302%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.122% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −2.302%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LDO-USDT | 0.4366 | 0.0100 | pay 0.0100% / 8h | 5h 46m | $2K | $1.2M | 20x |
| Short | Backpack LDO_USDC_PERP | 0.4271 | 0.0100 | get 0.0013% / 1h | 46m 03s | $89K | $142K | 10x |
SunX LDO-USDT
Backpack LDO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SunX. 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: −2.180% → −2.302%
- $12.17
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$5.83
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Backpack: live order book, 17 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 SunX live order book, 8 min ago | 251.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 17 min ago | 0.47 bp | 15.1 bp −$15 | 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-INTX | −0.0512% | 1h | 0.4259 | −2.451% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4271 | −2.172% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4275 | −2.084% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −5.863% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0072% | 8h | 0.4268 | −2.245% | — | $254K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4263 | −2.353% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4272 | −2.146% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4274 | −2.102% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4268 | −2.233% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4271 | −2.171% | $17.9M | $32.0M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
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 | 0.4266 | −2.290% | $16.0M | $10.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4266 | −2.290% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4270 | −2.199% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4270 | −2.199% | $7.6M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4271 | −2.176% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4267 | −2.268% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4270 | −2.199% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERPshort | +0.0100% | 1h | 0.4271 | −2.180% | $89K | $142K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4268 | −2.250% | $200K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | −1.662% | $302K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −1.970% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4273 | −2.121% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDTlong | +0.0100% | 8h | 0.4366 | long leg | $2K | $1.2M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4269 | −2.216% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4275 | −2.092% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4274 | −2.107% | $23K | — | 100x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4279 | −1.990% | $869K | $265K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4270 | −2.208% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0578% | 1h | 0.4274 | −2.116% | $1.1M | $711K | 50x | as long as short |
Bybit 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
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Lighter LDO
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD