Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.039%
Price spread now: Deribit against Bybit0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LDOUSDT | 0.4281 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $16.2M | $11.3M | 50x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4281 | 0 | get 0.0000% / 1h | 48m 14s | $7K | $20K | 25x |
Bybit LDOUSDT
Deribit LDO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- −$21
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$39
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: no order-book sample. 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 Bybit live order book, 5 min ago | 2.34 bp | 14.7 bp −$15 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.4284 | +0.070% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4288 | +0.171% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4281 | 0.000% | $7K | $20K | 25x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.994% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4295 | +0.325% | $872K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4283 | +0.039% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4289 | +0.187% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4285 | +0.100% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4292 | +0.250% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4286 | +0.127% | $18.0M | $34.8M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Lighter LDO
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 LDOUSDTlong | +0.0100% | 8h | 0.4281 | long leg | $16.2M | $11.3M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4284 | +0.070% | $4.0M | $8.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4282 | +0.023% | $1.5M | $971K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4283 | +0.047% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4283 | +0.047% | $2.7M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4284 | +0.070% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4284 | +0.070% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4284 | +0.075% | $88K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4293 | +0.276% | $202K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4285 | +0.093% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.444% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4285 | +0.084% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4383 | +2.383% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4281 | −0.002% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4282 | +0.032% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.444% | $918K | $241K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4278 | −0.064% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4274 | −0.160% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4288 | +0.154% | $1.2M | $792K | 50x | as long as short |
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD