Funding you earn now, next payment 23:00 UTC−0.1116%/8h= −122.2% APRpaid last 24h −0.348%
Price spread now: Coinbase International against SunX−2.214%7-day average −2.390% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.719%−$72 on $10k
+Price spread, last 3 days (all we have)+0.172%+$17 · spread now −2.214%, 7d avg −2.390%
=The price spread pays, funding is against you. Coinbase International is 0.176% dearer against SunX than usual: you sell high and buy low (spread −2.214% now, against its 7-day average of −2.390%): +$18 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.719% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.719% in total (about -37.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LDO-USDT | 0.4427 | 0.0100 | pay 0.0100% / 8h | 23m 51s | $2K | $1.5M | 20x |
| Short | Coinbase International LDO-PERP-INTX | 0.4329 | −0.1016 | pay 0.0127% / 1h | 23m 51s | $118K | $52K | 50x |
SunX LDO-USDT
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SunX. 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
- −$234.36
- Price spread: −2.214% → −2.390%
- $17.59
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$234.77
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 11 min ago; Coinbase International: live order book, 54 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 SunX live order book, 11 min ago | 253.82 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 54 min ago | 39.29 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.5000% | 1h | 0.4110 | −7.161% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTXshort | −0.1016% | 1h | 0.4329 | −2.214% | $118K | $52K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4330 | −2.191% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4326 | −2.281% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0026% | 1h | 0.4326 | −2.275% | $1.1M | $526K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4325 | −2.299% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4330 | −2.202% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4328 | −2.227% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4326 | −2.277% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4326 | −2.289% | $18.0M | $37.6M | 75x | as long as short |
Injective LDO/USDC PERP
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4323 | −2.349% | $16.4M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4320 | −2.417% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4325 | −2.304% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4326 | −2.281% | $8.4M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4327 | −2.259% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4326 | −2.281% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4324 | −2.327% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4325 | −2.302% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4331 | −2.168% | $203K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4333 | −2.124% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | −1.965% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4328 | −2.236% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDTlong | +0.0100% | 8h | 0.4427 | long leg | $2K | $1.5M | 20x | |
| BloFin LDO-USDT | +0.0103% | 8h | 0.4333 | −2.123% | $792K | $220K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4321 | −2.392% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4326 | −2.272% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0192% | 1h | 0.4333 | −2.117% | $879K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4328 | −2.233% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4324 | −2.328% | $302K | — | 15x | 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
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP