Funding you earn now, next payment 01:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.335%
Price spread now: Gate against Coinbase International+0.467%50s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as 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−$3693.686% of the position
Funding, last 7 days+0.661%+$66 on $10k
+Price spread, last 3 days (all we have)−0.712%−$71 · spread now +0.467%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.422% dearer against Coinbase International than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.045%. The two prices were read 50 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 | 0.4282 | −0.0416 | get 0.0052% / 1h | 22m 24s | $119K | $44K | 50x |
| Short | Gate LDO_USDT | 0.4302 | 0.0100 | get 0.0100% / 8h | 6h 22m | $1.5M | $1.0M | 50x |
Coinbase International LDO-PERP-INTX
Gate LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $108.36
- Price spread: +0.467% → +0.045%
- $42.23
- Slippage, 4 orders
- −$343.62
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.02
- Costs to cover
- 3.686%
- Break-even
- 21.1 days
Slippage from Coinbase International: live order book, 45 min ago; Gate: 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 Coinbase International live order book, 45 min ago | 8.05 bp | 100.7 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.49 bp | 27.9 bp −$28 | 180.3 bp −$1,803 | 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-INTXlong | −0.0416% | 1h | 0.4282 | long leg | $119K | $44K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4303 | +0.496% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4297 | +0.350% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.017% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4304 | +0.511% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4306 | +0.570% | $11.8M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4306 | +0.551% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4306 | +0.566% | $111K | $159K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4304 | +0.514% | $18.0M | $33.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4301 | +0.444% | $16.2M | $10.9M | 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 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4300 | +0.420% | $4.1M | $7.7M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4302 | +0.467% | $1.5M | $1.0M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4304 | +0.514% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4303 | +0.490% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4302 | +0.467% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4302 | +0.467% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4297 | +0.348% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4300 | +0.415% | $202K | $71K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4301 | +0.444% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.654% | $33K | $642K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4306 | +0.572% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4399 | +2.732% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4303 | +0.494% | $261K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4297 | +0.345% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0272% | 1h | 0.4315 | +0.764% | $876K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4303 | +0.480% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4301 | +0.446% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0560% | 1h | 0.4301 | +0.453% | $1.2M | $778K | 50x | as long as short |
OKX LDO-USDT-SWAP
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