Funding you earn now, next payment 09:00 UTC−0.0716%/8h= −78.4% APRnext payment −$0.89 per $10,000 · paid last 24h −0.299%
Price spread now: Coinbase International against Pacifica+0.100%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$408as in the Price arb table
costs, in and out, $10k−$4314.307% of the position
Funding, last 7 days−0.762%−$76 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.100%, 7d avg −0.123%
=Together, before fees−0.717%+ Points / potential airdropPacifica: Active · farm board−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.224% dearer against Pacifica than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.123%): +$22 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LDO | 0.4174 | 0.0100 | pay 0.0013% / 1h | 19m 00s | $105K | $28K | 10x |
| Short | Coinbase International LDO-PERP-INTX | 0.4178 | −0.0616 | pay 0.0077% / 1h | 19m 00s | $115K | $46K | 50x |
Pacifica LDO
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- −$150.36
- Price spread: +0.100% → −0.123%
- $22.36
- Slippage, 4 orders
- −$412.72
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$558.72
- Costs to cover
- 4.307%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 31 min ago; Coinbase International: live order book, 31 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 Pacifica live order book, 31 min ago | 10.81 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 31 min ago | 14.40 bp | 270.4 bp −$270 | doesn't fit | doesn't fit | doesn't fit |
LDO on 29 exchanges
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 | −0.0616% | 1h | 0.4178 | +0.100% | $115K | $46K | 50x | |
| Kraken Futures PF_LDOUSD | −0.0180% | 1h | 0.4175 | +0.018% | $1.0M | $796K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4180 | +0.151% | $80K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4172 | −0.044% | $7K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.529% | $4K | $10 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4171 | −0.075% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4176 | +0.057% | $11.4M | $2.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4177 | +0.074% | $164K | $73K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4174 | long leg | $105K | $28K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4171 | −0.078% | $17.6M | $31.8M | 75x | as long as short |
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Binance LDOUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4167 | −0.163% | $16.0M | $9.8M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4171 | −0.068% | $4.0M | $6.3M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4176 | +0.052% | $1.6M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4171 | −0.068% | $6.3M | $5.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4173 | −0.020% | $2.6M | $3.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4174 | +0.004% | $3.2M | $2.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4170 | −0.092% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4171 | −0.058% | $87K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4173 | −0.028% | $199K | $59K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4176 | +0.050% | $300K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4180 | +0.148% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4173 | −0.008% | $24K | $314K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4271 | +2.328% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4168 | −0.128% | $255K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4171 | −0.058% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0116% | 8h | 0.4170 | −0.092% | $877K | $271K | 75x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4179 | +0.127% | $843K | $262K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0348% | 1h | 0.4172 | −0.040% | $291K | — | 15x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0385% / S −0.0308% | 1h | 0.4172 | −0.042% | $29K | — | 100x | as long as short |
Bybit 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
BloFin LDO-USDT
Lighter LDO
Reya LDORUSDPERP
GMX LDO/USD [ETH-USDC]