Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.045%
Price spread now: Deribit against BingX+0.024%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 0.024% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4236 | 0.0100 | pay 0.0100% / 8h | 6h 59m | — | $10.2M | — |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4237 | 0 | get 0.0000% / 1h | 59m 54s | $7K | $10K | 25x |
BingX LDO-USDT
Deribit LDO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.024% → 0.000%
- $2.36
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$35.64
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Deribit: no order-book sample. 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 BingX live order book, 3 min ago | 3.54 bp | 13.8 bp −$14 | 31.9 bp −$319 | 242.1 bp −$24.2K | 473.5 bp −$236.8K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0952% | 1h | 0.4232 | −0.094% | $116K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0366% | 1h | 0.4238 | +0.043% | $1.1M | $739K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4237 | +0.031% | $81K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4237 | +0.024% | $7K | $10K | 25x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.975% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4232 | −0.092% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4242 | +0.144% | $11.6M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4238 | +0.053% | $167K | $83K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4235 | −0.024% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4237 | +0.021% | $18.1M | $30.7M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Injective LDO/USDC PERP
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 | 0.4233 | −0.071% | $16.3M | $9.8M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4233 | −0.071% | $4.0M | $6.3M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4236 | 0.000% | $1.6M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4236 | 0.000% | $6.6M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4235 | −0.024% | $2.6M | $3.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4234 | −0.047% | $3.2M | $2.7M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4236 | long leg | — | $10.2M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4236 | +0.009% | $88K | $168K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4229 | −0.172% | $203K | $65K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4235 | −0.024% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4240 | +0.094% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4236 | +0.005% | $25K | $319K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4335 | +2.337% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4233 | −0.081% | $260K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4238 | +0.040% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4238 | +0.047% | $897K | $261K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4234 | −0.052% | $23K | — | 100x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4245 | +0.215% | $855K | $274K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4231 | −0.124% | $295K | — | 15x | as long as short |
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
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Lighter LDO
Reya LDORUSDPERP