Funding you earn now, next payment 00:00 UTC−0.0831%/8h= −91.0% APRpaid last 24h −0.342%
Price spread now: Coinbase International against BloFin+0.465%7-day average −0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$3363.362% of the position
Funding, last 7 days−0.658%−$66 on $10k
+Price spread, last 3 days (all we have)−0.263%−$26 · spread now +0.465%, 7d avg −0.100%
=The price spread pays, funding is against you. Coinbase International is 0.565% dearer against BloFin than usual: you sell high and buy low (spread +0.465% now, against its 7-day average of −0.100%): +$56 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.658% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4303 | 0.0079 | pay 0.0079% / 8h | 7h 03m | $915K | $210K | 75x |
| Short | Coinbase International LDO-PERP-INTX | 0.4323 | −0.0752 | pay 0.0094% / 1h | 3m 05s | $118K | $44K | 50x |
BloFin LDO-USDT
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$174.5
- Price spread: +0.465% → −0.100%
- $56.49
- Slippage, 4 orders
- −$314.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$454.17
- Costs to cover
- 3.362%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 5 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 BloFin live order book, 4 min ago | 4.61 bp | 13.7 bp −$14 | 28.0 bp −$280 | 93.3 bp −$9,327 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 8.05 bp | 211.1 bp −$211 | 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 | 0.4323 | +0.465% | $118K | $44K | 50x | |
| dYdX LDO-USD | +0.0025% | 1h | 0.4310 | +0.170% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.485% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0079% | 8h | 0.4303 | long leg | $915K | $210K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4305 | +0.057% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4309 | +0.144% | $11.9M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4310 | +0.168% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4310 | +0.153% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4312 | +0.209% | $18.1M | $36.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4308 | +0.116% | $16.3M | $11.4M | 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 LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4304 | +0.023% | $4.0M | $8.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4308 | +0.116% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4304 | +0.023% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4308 | +0.116% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4304 | +0.023% | $3.3M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4307 | +0.093% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4308 | +0.109% | $89K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4322 | +0.435% | $203K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.511% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +0.627% | $35K | $643K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4309 | +0.130% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4407 | +2.417% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4304 | +0.018% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4308 | +0.116% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4309 | +0.142% | $1.1M | $516K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0214% | 1h | 0.4309 | +0.139% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4308 | +0.106% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4304 | +0.019% | $300K | — | 15x | as long as short |
| Lighter LDO | +0.0536% | 1h | 0.4313 | +0.242% | $875K | $267K | 10x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
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
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO