Funding you earn now, next payment 21:00 UTC+0.0788%/8h= +86.3% APRpaid last 24h +0.356%
Price spread now: BingX against Coinbase International+1.049%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs+$31as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days+0.705%+$70 on $10k
+Price spread, last 3 days (all we have)−1.225%−$123 · spread now +1.049%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 1.003% dearer against Coinbase International than usual: you sell high and buy low: +$100 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4290 | −0.0688 | get 0.0086% / 1h | 9m 36s | $116K | $54K | 50x |
| Short | BingX LDO-USDT | 0.4335 | 0.0100 | get 0.0100% / 8h | 2h 09m | — | $3.9M | — |
Coinbase International LDO-PERP-INTX
BingX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $165.48
- Price spread: +1.049% → +0.046%
- $100.33
- Slippage, 4 orders
- −$49.54
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $196.27
- Costs to cover
- 0.695%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 13 min ago; BingX: live order book, 10 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, 13 min ago | 14.91 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.45 bp | 14.3 bp −$14 | 29.2 bp −$292 | 113.5 bp −$11.4K | 405.3 bp −$202.7K |
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 | −0.0688% | 1h | 0.4290 | long leg | $116K | $54K | 50x | |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4338 | +1.109% | $1.1M | $556K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0211% | 1h | 0.4334 | +1.026% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0015% | 1h | 0.4340 | +1.161% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −0.466% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4335 | +1.049% | $797K | $229K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4351 | +1.417% | $882K | $266K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4335 | +1.041% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4341 | +1.196% | $12.1M | $3.6M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4338 | +1.121% | $171K | $144K | 10x | as long as short |
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4336 | +1.076% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4337 | +1.096% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4334 | +1.026% | $16.8M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4333 | +1.002% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4334 | +1.026% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4336 | +1.072% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4335 | +1.049% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4332 | +0.979% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDTshort | +0.0100% | 8h | 0.4335 | +1.049% | — | $3.9M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4335 | +1.044% | $86K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4331 | +0.965% | $202K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4339 | +1.142% | $308K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | +1.399% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4336 | +1.068% | $22K | $739K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4434 | +3.357% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4333 | +1.000% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4334 | +1.026% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4335 | +1.038% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4332 | +0.970% | $302K | — | 15x | as long as short |
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP