Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against Bybit−0.046%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.046%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.072% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LDOUSDT | 0.4340 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $16.5M | $12.9M | 50x |
| Short | OKX LDO-USDT-SWAP | 0.4338 | 0.0100 | get 0.0100% / 8h | 1h 08m | $4.1M | $9.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.046% → +0.026%
- −$7.18
- Slippage, 4 orders
- −$37.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.14
- Costs to cover
- 0.590%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 1.15 bp | 16.6 bp −$17 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.31 bp | 13.0 bp −$13 | 36.5 bp −$365 | 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 | −0.0851% | 1h | 0.4110 | −5.300% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4312 | −0.645% | $117K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4347 | +0.170% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4344 | +0.092% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4345 | +0.108% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4348 | +0.191% | $12.2M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4346 | +0.149% | $171K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4348 | +0.184% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4344 | +0.087% | $18.1M | $37.7M | 75x | as long as short |
| Bybit LDOUSDTlong | +0.0100% | 8h | 0.4340 | long leg | $16.5M | $12.9M | 50x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAPshort | +0.0100% | 8h | 0.4338 | −0.046% | $4.1M | $9.1M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4344 | +0.092% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4343 | +0.069% | $8.5M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4345 | +0.115% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4343 | +0.069% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4343 | +0.069% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4345 | +0.120% | $86K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4336 | −0.094% | $203K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4333 | −0.159% | $309K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | 0.000% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4346 | +0.131% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4446 | +2.442% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4339 | −0.021% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4344 | +0.087% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4346 | +0.138% | $788K | $224K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0295% | 1h | 0.4345 | +0.114% | $1.1M | $527K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4344 | +0.082% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0334% | 1h | 0.4338 | −0.053% | $303K | — | 15x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4351 | +0.260% | $882K | $268K | 10x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
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
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Lighter LDO