Funding you earn now, next payment 00:00 UTC−0.0852%/8h= −93.3% APRpaid last 24h −0.343%
Price spread now: Coinbase International against BingX−0.046%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3503.500% of the position
Funding, last 7 days−0.728%−$73 on $10k
+Price spread, last 3 days (all we have)+0.234%+$23 · spread now −0.046%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$26 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4302 | 0.0100 | pay 0.0100% / 8h | 7h 34m | — | $3.7M | — |
| Short | Coinbase International LDO-PERP-INTX | 0.4300 | −0.0752 | pay 0.0094% / 1h | 34m 59s | $117K | $52K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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% → −0.044%
- −$0.26
- Slippage, 4 orders
- −$329.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$529.14
- Costs to cover
- 3.500%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Coinbase International: live order book, 38 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 BingX live order book, 10 min ago | 1.16 bp | 15.9 bp −$16 | 24.1 bp −$241 | 179.8 bp −$18.0K | 452.0 bp −$226.0K |
| Sell Coinbase International live order book, 38 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 | 0.4300 | −0.046% | $117K | $52K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4306 | +0.100% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.463% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDT | +0.0092% | 8h | 0.4299 | −0.070% | $789K | $221K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4301 | −0.027% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4306 | +0.084% | $12.0M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4305 | +0.080% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4305 | +0.076% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4303 | +0.024% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4298 | −0.093% | $16.3M | $12.4M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4299 | −0.070% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4304 | +0.046% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4301 | −0.023% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4304 | +0.046% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4300 | −0.046% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4302 | long leg | — | $3.7M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4302 | −0.007% | $87K | $149K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4303 | +0.031% | $201K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4301 | −0.023% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.186% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4302 | −0.005% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4403 | +2.348% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4299 | −0.078% | $259K | $1.6M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4301 | −0.012% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4305 | +0.063% | $1.1M | $525K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4303 | +0.023% | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4300 | −0.056% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4297 | −0.113% | $300K | — | 15x | as long as short |
| Lighter LDO | +0.0552% | 1h | 0.4311 | +0.216% | $875K | $267K | 10x | as long as short |
BingX LDO-USDT
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Lighter LDO