Funding you earn now, next payment 22:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.015%
Price spread now: Bybit against dYdX+0.308%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.308% dearer against dYdX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | dYdX LDO-USD | 0.4288 | 0.0013 | pay 0.0002% / 1h | 3m 50s | $83K | $17K | 5x |
| Short | Bybit LDOUSDT | 0.4301 | 0.0100 | get 0.0100% / 8h | 2h 03m | $16.3M | $13.4M | 50x |
dYdX LDO-USD
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $18.19
- Price spread: +0.308% → 0.000%
- $30.82
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $28.01
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 5 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 2.31 bp | 17.6 bp −$18 | 38.8 bp −$388 | doesn't fit | doesn't fit |
dYdX: 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 | −0.0688% | 1h | 0.4290 | +0.052% | $116K | $54K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0332% | 1h | 0.4292 | +0.093% | $1.1M | $564K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4286 | −0.042% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USDlong | +0.0013% | 1h | 0.4288 | long leg | $83K | $17K | 5x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −0.415% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0096% | 8h | 0.4283 | −0.112% | $787K | $226K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4301 | +0.318% | $872K | $266K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4288 | +0.003% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4289 | +0.017% | $11.8M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4287 | −0.019% | $169K | $150K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4288 | +0.007% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4292 | +0.087% | $17.9M | $38.3M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4301 | +0.308% | $16.3M | $13.4M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4299 | +0.262% | $4.0M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4286 | −0.042% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4286 | −0.042% | $8.5M | $7.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4289 | +0.028% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4283 | −0.112% | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4292 | +0.098% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4286 | −0.049% | $85K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4321 | +0.782% | $202K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4334 | +1.073% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +0.985% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4288 | +0.003% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4384 | +2.244% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4282 | −0.134% | $257K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4287 | −0.022% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4287 | −0.030% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4283 | −0.121% | $299K | — | 15x | as long as short |
Pacifica LDO
Binance LDOUSDT
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP