After costs, if the gap returns to its 7d average, $10k+$62
spread now+1.376%7d average+0.003%fees + slippage, in and out−$75spread needed0.753%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4296 | −0.1016 | get 0.0127% / 1h | 57m 52s | $115K | $32K | 50x |
| Short | Backpack LDO_USDC_PERP | 0.4355 | −0.0333 | pay 0.0042% / 1h | 57m 52s | $88K | $187K | 10x |
Coinbase International LDO-PERP-INTX
Backpack LDO_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $137.57
- Funding while held
- $20.48
- Slippage, 4 orders
- −$55.34
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $82.71
- Spread needed to break even
- 0.753%
Slippage from Coinbase International: live order book, 61 min ago; Backpack: live order book, 62 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0683%
- Per $10,000 a day
- +$20.48
- Average in range /8h
- —
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, 61 min ago | 17.03 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 62 min ago | 2.95 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4296cheapest
Paradex0.4348+1.202%Reya0.4349+1.237%Injective0.4350+1.257%Pacifica0.4350+1.268%Bybit0.4351+1.280%dYdX0.4352+1.296%OKX0.4352+1.304%Extended0.4352+1.311%BingX0.4353+1.327%Variational Omni0.4353+1.334%MEXC0.4354+1.350%Bitget0.4354+1.350%BloFin0.4354+1.350%Polymarket Perps0.4355+1.366%Gate0.4355+1.373%
Paradex
Reya
Injective
Pacifica
Bybit
dYdX
OKX
Extended
BingX
Variational Omni
MEXC
Bitget
BloFin
Polymarket Perps
GateBackpack0.4355+1.376%
Binance0.4355+1.377%Aevo0.4355+1.385%KuCoin0.4356+1.397%Deribit0.4356+1.397%GMX0.4356+1.401%Aster0.4358+1.441%Kraken Futures0.4359+1.463%ApeX Omni0.4360+1.490%Hyperliquid0.4360+1.499%Lighter0.4366+1.620%SunX0.4454+3.678%
Binance
Aevo
KuCoin
Deribit
GMX
Aster
Kraken Futures
ApeX Omni
Hyperliquid
Lighter
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTXlong | 0.000% | −0.1016% | 1h | $115K | $32K | 50x | |
| Paradex LDO-USD-PERP | +1.202% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| Reya LDORUSDPERP | +1.237% | +0.0322% | 1h | $303K | — | 15x | as long as short |
| Injective LDO/USDC PERP | +1.257% | −0.0430% | 1h | $4K | $177K | 12x | as long as short |
| Pacifica LDO | +1.268% | +0.0100% | 1h | $112K | $189K | 10x | as long as short |
| Bybit LDOUSDT | +1.280% | +0.0049% | 8h | $16.6M | $12.6M | 50x | as long as short |
| dYdX LDO-USD | +1.296% | 0.0000% | 1h | $83K | $21K | 5x | as long as short |
| OKX LDO-USDT-SWAP | +1.304% | +0.0100% | 8h | $4.0M | $9.5M | 50x | as long as short |
| Extended LDO-USD | +1.311% | +0.0104% | 1h | $261K | $1.0M | 25x | as long as short |
| BingX LDO-USDT | +1.327% | +0.0100% | 8h | — | $4.8M | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni LDO | +1.334% | +0.0083% | 8h | $223K | $154K | — | as long as short |
| MEXC LDO_USDT | +1.350% | +0.0100% | 8h | $10.0M | $7.2M | 200x | as long as short |
| Bitget LDOUSDT | +1.350% | +0.0100% | 8h | $3.4M | $3.8M | 75x | as long as short |
| BloFin LDO-USDT | +1.350% | +0.0087% | 8h | $835K | $150K | 75x | as long as short |
| Polymarket Perps LDO-USD | +1.366% | +0.0100% | 1h | $27K | $1.5M | 5x | as long as short |
| Gate LDO_USDT | +1.373% | +0.0100% | 8h | $1.5M | $1.0M | 50x | as long as short |
| Backpack LDO_USDC_PERPshort | +1.376% | −0.0333% | 1h | $88K | $187K | 10x | |
| Binance LDOUSDT | +1.377% | +0.0100% | 8h | $18.1M | $37.5M | 75x | as long as short |
| Aevo LDO-PERP | +1.385% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| KuCoin LDOUSDTM | +1.397% | +0.0100% | 8h | $2.5M | $4.0M | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +1.397% | −0.0209% | 1h | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | +1.401% | L +0.0296% / S −0.0173% | 1h | $24K | — | 100x | as long as short |
| Aster LDOUSDT | +1.441% | +0.0100% | 8h | $169K | $312K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +1.463% | −0.0085% | 1h | $1.2M | $542K | 50x | as long as short |
| ApeX Omni LDOUSDT | +1.490% | +0.0100% | 1h | $33K | $651K | 50x | as long as short |
| Hyperliquid LDO | +1.499% | +0.0100% | 1h | $12.5M | $3.5M | 5x | as long as short |
| Lighter LDO | +1.620% | +0.0096% | 1h | $872K | $237K | 10x | as long as short |
| SunX LDO-USDT | +3.678% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |