Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Bybit−0.051%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.051%, 7d avg −0.017%
=Together, before fees−0.010%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LDOUSDT | 0.4190 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $16.1M | $10.0M | 50x |
| Short | Extended LDO-USD | 0.4188 | 0.0104 | get 0.0013% / 1h | 37m 36s | $252K | $1.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.051% → −0.017%
- −$3.32
- Slippage, 4 orders
- −$44.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$63.29
- Costs to cover
- 0.608%
- Break-even
- 534.4 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 1 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 Bybit live order book, 1 min ago | 1.19 bp | 15.0 bp −$15 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.58 bp | 16.2 bp −$16 | 73.5 bp −$735 | 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 | −0.0952% | 1h | 0.4186 | −0.095% | $116K | $39K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0370% | 1h | 0.4192 | +0.059% | $1.1M | $739K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4191 | +0.031% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4195 | +0.119% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.909% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4189 | −0.016% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4195 | +0.129% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4196 | +0.133% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4192 | +0.053% | $106K | $29K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4193 | +0.060% | $17.6M | $31.0M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDTlong | +0.0100% | 8h | 0.4190 | long leg | $16.1M | $10.0M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4190 | 0.000% | $4.0M | $6.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4195 | +0.119% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4193 | +0.072% | $6.9M | $5.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4193 | +0.072% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4190 | 0.000% | $3.2M | $2.9M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4189 | −0.024% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4193 | +0.067% | $89K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4188 | −0.052% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4195 | +0.119% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4190 | 0.000% | $31K | $635K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4194 | +0.095% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4289 | +2.363% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4188 | −0.051% | $252K | $1.4M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4192 | +0.056% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4192 | +0.048% | $883K | $257K | 75x | as long as short |
| Lighter LDO | +0.0184% | 1h | 0.4199 | +0.212% | $846K | $272K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4193 | +0.076% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4191 | +0.015% | $292K | — | 15x | as long as short |
Bybit LDOUSDT
Extended LDO-USD
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance 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
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]