Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.301%
Price spread now: Gate against Coinbase International+0.539%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$990.995% of the position
Funding, last 7 days+0.677%+$68 on $10k
+Price spread, last 4 days (all we have)−0.778%−$78 · spread now +0.539%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Gate is 0.489% dearer against Coinbase International than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4268 | −0.0352 | get 0.0044% / 1h | 51m 47s | $119K | $41K | 50x |
| Short | Gate LDO_USDT | 0.4291 | 0.0100 | get 0.0100% / 8h | 3h 51m | $1.5M | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $94.92
- Price spread: +0.539% → +0.049%
- $48.95
- Slippage, 4 orders
- −$74.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $44.4
- Costs to cover
- 0.995%
- Break-even
- 3.7 days
Slippage from Coinbase International: live order book, 1 min ago; Gate: live order book, just now.
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, 1 min ago | 16.32 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.49 bp | 23.6 bp −$24 | 235.8 bp −$2,358 | 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 | −0.0352% | 1h | 0.4268 | long leg | $119K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4290 | +0.515% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4289 | +0.492% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.702% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4290 | +0.524% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4296 | +0.663% | $11.7M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4293 | +0.586% | $169K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4292 | +0.557% | $110K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4292 | +0.562% | $18.0M | $30.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4289 | +0.492% | $16.2M | $9.9M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4289 | +0.492% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4291 | +0.539% | $1.5M | $1.0M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4293 | +0.586% | $7.7M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4292 | +0.562% | $2.8M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4292 | +0.562% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4289 | +0.492% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4292 | +0.572% | $91K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4276 | +0.182% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4283 | +0.346% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | +0.515% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4294 | +0.607% | $21K | $509K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4392 | +2.905% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4291 | +0.534% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4291 | +0.551% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4296 | +0.656% | $910K | $254K | 75x | as long as short |
| Lighter LDO | +0.0248% | 1h | 0.4301 | +0.769% | $877K | $246K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4289 | +0.500% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4289 | +0.488% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0392% | 1h | 0.4292 | +0.571% | $1.2M | $664K | 50x | as long as short |
Coinbase International LDO-PERP-INTX
Gate LDO_USDT
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD