Funding you earn now, next payment 01:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.64 per $10,000 · paid last 24h +0.333%
Price spread now: ApeX Omni against Coinbase International+0.070%75s7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3433.431% of the position
Funding, last 7 days+0.691%+$69 on $10k
+Price spread, last 3 days (all we have)−0.142%−$14 · spread now +0.070%, 7d avg +0.173%
=Funding pays, the price is against you. ApeX Omni is 0.103% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.173%). If the spread goes back, that is −$10 on $10k: about 16 hours of funding at the current rate (+$15 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4277 | −0.0416 | get 0.0052% / 1h | 41m 35s | $119K | $45K | 50x |
| Short | ApeX Omni LDOUSDT | 0.4280 | 0.0100 | get 0.0013% / 1h | 41m 35s | $33K | $644K | 50x |
Coinbase International LDO-PERP-INTX
ApeX Omni LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $108.36
- Price spread: +0.070% → +0.173%
- −$10.28
- Slippage, 4 orders
- −$323.11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$245.03
- Costs to cover
- 3.431%
- Break-even
- 22.8 days
Slippage from Coinbase International: live order book, 26 min ago; ApeX Omni: live order book, 26 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 Coinbase International live order book, 26 min ago | 8.05 bp | 100.7 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 26 min ago | 6.90 bp | 15.7 bp −$16 | 95.5 bp −$955 | 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-INTXlong | −0.0416% | 1h | 0.4277 | long leg | $119K | $45K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4263 | −0.320% | $82K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4263 | −0.327% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.905% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4267 | −0.243% | $867K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4259 | −0.412% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4263 | −0.332% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4264 | −0.294% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4261 | −0.374% | $109K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4261 | −0.376% | $17.8M | $34.6M | 75x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
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 LDOUSDT | +0.0100% | 8h | 0.4260 | −0.397% | $16.1M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4259 | −0.421% | $4.0M | $7.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4262 | −0.351% | $1.5M | $997K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4261 | −0.374% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4259 | −0.421% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4259 | −0.421% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4259 | −0.421% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4259 | −0.416% | $85K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4274 | −0.074% | $201K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4277 | +0.001% | $302K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDTshort | +0.0100% | 1h | 0.4280 | +0.070% | $33K | $644K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4266 | −0.267% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4365 | +2.058% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4258 | −0.439% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4263 | −0.327% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.538% | $918K | $241K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4262 | −0.348% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4261 | −0.382% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0565% | 1h | 0.4261 | −0.374% | $1.1M | $794K | 50x | 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
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