Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: SunX against Backpack+2.370%7-day average +2.302% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now +2.370%, 7d avg +2.302%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.067% dearer against Backpack than usual: you sell high and buy low, +$7 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 | Backpack LDO_USDC_PERP | 0.4287 | 0.0100 | pay 0.0013% / 1h | 19m 47s | $88K | $156K | 10x |
| Short | SunX LDO-USDT | 0.4389 | 0.0100 | get 0.0100% / 8h | 6h 19m | $2K | $1.3M | 20x |
Backpack LDO_USDC_PERP
SunX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. 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: +2.370% → +2.302%
- $6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$11.27
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 48 min ago; SunX: live order book, 4 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 Backpack live order book, 48 min ago | 1.27 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 251.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LDO on 28 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 | 0.4268 | −0.452% | $119K | $44K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4290 | +0.064% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4286 | −0.033% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.138% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4283 | −0.102% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4286 | −0.042% | $11.7M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4292 | +0.116% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4289 | +0.026% | $110K | $159K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4287 | −0.017% | $17.9M | $33.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4281 | −0.149% | $16.1M | $10.9M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4281 | −0.149% | $4.0M | $7.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4290 | +0.061% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4290 | +0.061% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4290 | +0.061% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4283 | −0.103% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4288 | +0.014% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERPlong | +0.0100% | 1h | 0.4287 | long leg | $88K | $156K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4289 | +0.030% | $202K | $70K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4296 | +0.192% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.294% | $33K | $642K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4288 | +0.009% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDTshort | +0.0100% | 8h | 0.4389 | +2.370% | $2K | $1.3M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4287 | −0.007% | $261K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | −0.027% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0264% | 1h | 0.4294 | +0.147% | $872K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4285 | −0.049% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4284 | −0.072% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4287 | −0.020% | $1.2M | $778K | 50x | as long as short |
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD