Funding you earn now, next payment 04:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h +0.048%
Price spread now: KuCoin against Deribit−0.117%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.117% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LDO_USDC-PERPETUAL | 0.4284 | 0.0217 | pay 0.0027% / 1h | 13m 02s | $7K | $20K | 25x |
| Short | KuCoin LDOUSDTM | 0.4279 | 0.0100 | get 0.0100% / 8h | 4h 13m | $2.8M | $3.7M | 50x |
Deribit LDO_USDC-PERPETUAL
KuCoin LDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- −$24.58
- Price spread: −0.117% → 0.000%
- −$11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$55.26
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 4 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 2.34 bp | 41.5 bp −$41 | 257.9 bp −$2,579 | doesn't fit | doesn't fit |
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 | −0.0416% | 1h | 0.4250 | −0.794% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | −0.277% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.062% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4278 | −0.150% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4283 | −0.033% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4283 | −0.028% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4279 | −0.106% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4280 | −0.093% | $18.0M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4277 | −0.163% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4277 | −0.163% | $4.0M | $6.8M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4278 | −0.140% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4283 | −0.023% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4279 | −0.117% | $2.8M | $3.7M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4281 | −0.070% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4278 | −0.140% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4281 | −0.068% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4269 | −0.344% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4272 | −0.289% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.327% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4283 | −0.035% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4382 | +2.288% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4279 | −0.109% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4283 | −0.019% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0109% | 8h | 0.4280 | −0.093% | $909K | $253K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUALlong | +0.0217% | 1h | 0.4284 | long leg | $7K | $20K | 25x | |
| Lighter LDO | +0.0248% | 1h | 0.4289 | +0.124% | $873K | $266K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4281 | −0.080% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4279 | −0.109% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4282 | −0.049% | $1.2M | $681K | 50x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
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
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD