Funding you earn now, next payment 23:00 UTC−0.1116%/8h= −122.2% APRpaid last 24h −0.337%
Price spread now: Coinbase International against Variational Omni−0.069%7-day average −0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.501%−$50 on $10k
+Price spread, last 3 days (all we have)+0.300%+$30 · spread now −0.069%, 7d avg −0.022%
=Together, before fees−0.201%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Coinbase International is 0.047% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni LDO | 0.4342 | 0.0100 | pay 0.0100% / 8h | 32m 56s | $204K | $83K | — |
| Short | Coinbase International LDO-PERP-INTX | 0.4339 | −0.1016 | pay 0.0127% / 1h | 32m 56s | $118K | $55K | 50x |
Variational Omni LDO
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$234.36
- Price spread: −0.069% → −0.022%
- −$4.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$249.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Coinbase International: live order book, 45 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 Variational Omni RFQ quote, 46 min ago | 4.62 bp | doesn't fit | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 45 min ago | 39.29 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.5000% | 1h | 0.4110 | −5.343% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTXshort | −0.1016% | 1h | 0.4339 | −0.069% | $118K | $55K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4347 | +0.123% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4348 | +0.138% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4347 | +0.124% | $1.1M | $525K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4344 | +0.041% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4350 | +0.180% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4346 | +0.102% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4345 | +0.069% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4345 | +0.071% | $18.1M | $37.6M | 75x | as long as short |
Injective LDO/USDC PERP
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
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 | 0.4340 | −0.046% | $16.5M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4341 | −0.023% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4343 | +0.023% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4344 | +0.046% | $8.4M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4347 | +0.115% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4342 | 0.000% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4344 | +0.046% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4346 | +0.083% | $88K | $178K | 10x | as long as short |
| Variational Omni LDOlong | +0.0100% | 8h | 0.4342 | long leg | $204K | $83K | — | |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4350 | +0.183% | $309K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | +0.184% | $35K | $650K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4348 | +0.138% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4446 | +2.395% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4340 | −0.041% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4349 | +0.150% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0128% | 8h | 0.4346 | +0.092% | $794K | $220K | 75x | as long as short |
| Lighter LDO | +0.0216% | 1h | 0.4354 | +0.276% | $883K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4348 | +0.140% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4343 | +0.029% | $303K | — | 15x | 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
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP