Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: Bybit against Extended+0.041%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.041%, 7d avg +0.018%
=Together, before fees−0.076%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.024% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4293 | 0.0104 | pay 0.0013% / 1h | 1m 39s | $260K | $1.3M | 25x |
| Short | Bybit LDOUSDT | 0.4295 | 0.0100 | get 0.0100% / 8h | 6h 01m | $16.1M | $10.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.041% → +0.018%
- $2.38
- Slippage, 4 orders
- −$47.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.6
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Bybit: live order book, 2 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 Extended live order book, 2 min ago | 5.82 bp | 17.8 bp −$18 | 109.1 bp −$1,091 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.16 bp | 16.2 bp −$16 | 38.7 bp −$387 | 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-INTX | −0.0416% | 1h | 0.4259 | −0.797% | $119K | $43K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4300 | +0.158% | $7K | $20K | 25x | as long as short |
| dYdX LDO-USD | +0.0004% | 1h | 0.4290 | −0.075% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.268% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4296 | +0.055% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4302 | +0.195% | $11.8M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4299 | +0.143% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4299 | +0.135% | $110K | $158K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4298 | +0.106% | $18.0M | $32.7M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4295 | +0.041% | $16.1M | $10.6M | 50x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4294 | +0.018% | $4.0M | $7.4M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4298 | +0.111% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4297 | +0.088% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4300 | +0.158% | $2.8M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4295 | +0.041% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4298 | +0.111% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4299 | +0.142% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4288 | −0.127% | $202K | $70K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4299 | +0.134% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | −0.075% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4301 | +0.177% | $23K | $687K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4401 | +2.510% | $1K | $1.3M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4293 | long leg | $260K | $1.3M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4299 | +0.129% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0304% | 1h | 0.4305 | +0.286% | $874K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4300 | +0.169% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4297 | +0.096% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0559% | 1h | 0.4302 | +0.205% | $1.2M | $749K | 50x | as long as short |
Extended LDO-USD
Bybit LDOUSDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD