Funding you earn now, next payment 00:00 UTC−0.0852%/8h= −93.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.341%
Price spread now: Coinbase International against ApeX Omni+0.046%7-day average −0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3543.538% of the position
Funding, last 7 days−0.688%−$69 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.046%, 7d avg −0.172%
=The price spread pays, funding is against you. Coinbase International is 0.219% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.172%): +$22 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.688% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LDOUSDT | 0.4310 | 0.0100 | pay 0.0013% / 1h | 26m 30s | $35K | $644K | 50x |
| Short | Coinbase International LDO-PERP-INTX | 0.4312 | −0.0752 | pay 0.0094% / 1h | 26m 30s | $118K | $53K | 50x |
ApeX Omni LDOUSDT
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX 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
- −$178.92
- Price spread: +0.046% → −0.172%
- $21.86
- Slippage, 4 orders
- −$333.83
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$510.89
- Costs to cover
- 3.538%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 47 min ago; Coinbase International: live order book, 46 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 ApeX Omni live order book, 47 min ago | 6.99 bp | 15.0 bp −$15 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 46 min ago | 11.64 bp | 222.1 bp −$222 | 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 | −0.0752% | 1h | 0.4312 | +0.046% | $118K | $53K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4310 | 0.000% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.640% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4307 | −0.071% | $3K | $8 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4308 | −0.037% | $12.0M | $4.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4312 | +0.051% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4310 | +0.001% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4313 | +0.066% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4312 | +0.046% | $16.4M | $12.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4310 | 0.000% | $4.1M | $9.1M | 50x | as long as short |
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4308 | −0.046% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4309 | −0.023% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4310 | 0.000% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4312 | +0.046% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4310 | 0.000% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4308 | −0.058% | $87K | $148K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4302 | −0.189% | $201K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4305 | −0.121% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTlong | +0.0100% | 1h | 0.4310 | long leg | $35K | $644K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4313 | +0.058% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4408 | +2.274% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4309 | −0.022% | $263K | $1.6M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4309 | −0.035% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0129% | 8h | 0.4311 | +0.023% | $791K | $222K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4311 | +0.017% | $1.1M | $526K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0214% | 1h | 0.4308 | −0.046% | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4306 | −0.090% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4305 | −0.107% | $300K | — | 15x | as long as short |
| Lighter LDO | +0.0664% | 1h | 0.4319 | +0.216% | $877K | $267K | 10x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO