Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against OKX−0.070%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.070%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LDO-USDT-SWAP | 0.4283 | 0.0100 | pay 0.0100% / 8h | 6h 44m | $4.0M | $8.0M | 50x |
| Short | Bybit LDOUSDT | 0.4280 | 0.0100 | get 0.0100% / 8h | 6h 44m | $16.2M | $11.2M | 50x |
OKX LDO-USDT-SWAP
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- Price spread: −0.070% → −0.025%
- −$4.5
- Slippage, 4 orders
- −$41.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$66.83
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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 OKX live order book, 4 min ago | 2.34 bp | 16.6 bp −$17 | 64.8 bp −$648 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.17 bp | 13.5 bp −$14 | 33.0 bp −$330 | 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-INTX | −0.0416% | 1h | 0.4278 | −0.117% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | −0.070% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.039% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4274 | −0.215% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4281 | −0.047% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4280 | −0.064% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4281 | −0.052% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4281 | −0.045% | $17.9M | $34.6M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4280 | −0.070% | $16.2M | $11.2M | 50x | |
| OKX LDO-USDT-SWAPlong | +0.0100% | 8h | 0.4283 | long leg | $4.0M | $8.0M | 50x |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4280 | −0.070% | $1.5M | $994K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4276 | −0.163% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4276 | −0.163% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4281 | −0.047% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4282 | −0.023% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4277 | −0.145% | $87K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4274 | −0.214% | $201K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | +0.235% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.070% | $33K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4280 | −0.061% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4386 | +2.405% | $2K | $1.3M | 20x | as long as short |
| Lighter LDO | +0.0104% | 1h | 0.4287 | +0.091% | $870K | $267K | 10x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4282 | −0.025% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | +0.079% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.397% | $918K | $241K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4286 | +0.070% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4279 | −0.093% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4273 | −0.224% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4290 | +0.155% | $1.2M | $793K | 50x | 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
Lighter LDO
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD