Funding you earn now, next payment 00:00 UTC−0.0856%/8h= −93.7% APRnext payment −$1.07 per $10,000 · paid last 24h −0.344%
Price spread now: Coinbase International against Extended−0.031%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3553.549% of the position
Funding, last 7 days−0.630%−$63 on $10k
+Price spread, last 3 days (all we have)+0.295%+$29 · spread now −0.031%, 7d avg +0.019%
=Together, before fees−0.336%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Coinbase International is 0.050% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4301 | 0.0104 | pay 0.0013% / 1h | 30m 47s | $263K | $1.6M | 25x |
| Short | Coinbase International LDO-PERP-INTX | 0.4300 | −0.0752 | pay 0.0094% / 1h | 30m 47s | $117K | $53K | 50x |
Extended LDO-USD
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$179.76
- Price spread: −0.031% → +0.019%
- −$5.02
- Slippage, 4 orders
- −$339.92
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$539.7
- Costs to cover
- 3.549%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Coinbase International: live order book, 42 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, 3 min ago | 3.49 bp | 15.5 bp −$15 | 95.9 bp −$959 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 42 min ago | 11.64 bp | 222.1 bp −$222 | doesn't fit | doesn't fit | 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-INTXshort | −0.0752% | 1h | 0.4300 | −0.031% | $117K | $53K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4303 | +0.034% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.449% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4305 | +0.077% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4307 | +0.136% | $12.0M | $4.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4308 | +0.147% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4305 | +0.089% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4306 | +0.102% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4304 | +0.062% | $16.3M | $12.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4303 | +0.038% | $4.1M | $9.1M | 50x | as long as short |
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 | 0.4304 | +0.062% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4305 | +0.085% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4306 | +0.108% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4307 | +0.131% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4306 | +0.108% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4304 | +0.071% | $87K | $148K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4302 | +0.011% | $201K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4301 | −0.008% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.201% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4311 | +0.227% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4407 | +2.456% | $2K | $1.5M | 20x | as long as short |
| BloFin LDO-USDT | +0.0100% | 8h | 0.4307 | +0.131% | $791K | $221K | 75x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4301 | long leg | $263K | $1.6M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4306 | +0.114% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4309 | +0.183% | $1.1M | $525K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4305 | +0.079% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4304 | +0.053% | $300K | — | 15x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0447% | 1h | 0.4308 | +0.155% | $3K | $10K | 25x | as long as short |
| Lighter LDO | +0.0624% | 1h | 0.4315 | +0.306% | $876K | $267K | 10x | as long as short |
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
BloFin LDO-USDT
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Deribit LDO_USDC-PERPETUAL
Lighter LDO