Funding you earn now, next payment 03:00 UTC+0.0518%/8h= +56.7% APRpaid last 24h +0.311%
Price spread now: BloFin against Coinbase International+0.446%58s7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days+0.672%+$67 on $10k
+Price spread, last 4 days (all we have)−0.634%−$63 · spread now +0.446%, 7d avg +0.091%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BloFin is 0.355% dearer against Coinbase International than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.091%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4262 | −0.0416 | get 0.0052% / 1h | 15m 47s | $119K | $41K | 50x |
| Short | BloFin LDO-USDT | 0.4281 | 0.0102 | get 0.0102% / 8h | 4h 15m | $913K | $253K | 75x |
Coinbase International LDO-PERP-INTX
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $108.81
- Price spread: +0.446% → +0.091%
- $35.46
- Slippage, 4 orders
- −$47.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $74.85
- Costs to cover
- 0.694%
- Break-even
- 2.2 days
Slippage from Coinbase International: live order book, 42 min ago; BloFin: live order book, 16 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 Coinbase International live order book, 42 min ago | 15.23 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 3.50 bp | 14.8 bp −$15 | 36.0 bp −$360 | 98.9 bp −$9,891 | 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-INTXlong | −0.0416% | 1h | 0.4262 | long leg | $119K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | +0.238% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4273 | +0.258% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.566% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4270 | +0.198% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4275 | +0.307% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4272 | +0.240% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4271 | +0.216% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4271 | +0.219% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4269 | +0.164% | $16.1M | $10.0M | 50x | as long as short |
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 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4270 | +0.188% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4270 | +0.188% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4269 | +0.164% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4270 | +0.188% | $2.7M | $3.7M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4270 | +0.188% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4269 | +0.164% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4270 | +0.188% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4269 | +0.170% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4271 | +0.211% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.188% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4275 | +0.296% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4375 | +2.651% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDTshort | +0.0102% | 8h | 0.4281 | +0.446% | $913K | $253K | 75x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4266 | +0.084% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4272 | +0.238% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0232% | 1h | 0.4280 | +0.434% | $871K | $266K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4271 | +0.222% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4271 | +0.202% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4276 | +0.331% | $1.1M | $681K | 50x | 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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD