Funding you earn now, next payment 05:00 UTC+0.0497%/8h= +54.5% APRnext payment +$0.62 per $10,000 · paid last 24h −0.125%
Price spread now: Injective against Coinbase International−1.439%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.737%−$74 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 1.439% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.439% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$144 on $10k: about 9.6 days of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.737%, so the current rate has only just turned in your favour. The two prices were read 64 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 | 0.4170 | −0.0464 | get 0.0058% / 1h | 35m 30s | $116K | $40K | 50x |
| Short | Injective LDO/USDC PERP | 0.4110 | 0.0033 | get 0.0004% / 1h | 35m 30s | $4K | $11 | 12x |
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $104.44
- Price spread: −1.439% → 0.000%
- −$143.88
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$49.46
- Costs to cover
- 0.100%
- Break-even
- 10.3 days
Slippage unknown: Coinbase International: live order book, 12 min ago; Injective: no order-book sample. Net counts fees only.
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, 12 min ago | 27.25 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0464% | 1h | 0.4170 | long leg | $116K | $40K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4220 | +1.207% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4219 | +1.175% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERPshort | +0.0033% | 1h | 0.4110 | −1.439% | $4K | $11 | 12x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4229 | +1.412% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4229 | +1.417% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4226 | +1.333% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4227 | +1.367% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4227 | +1.366% | $17.8M | $30.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4226 | +1.343% | $16.0M | $10.1M | 50x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4225 | +1.319% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4226 | +1.343% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4226 | +1.343% | $7.2M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4226 | +1.343% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4223 | +1.271% | $3.2M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4227 | +1.367% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4220 | +1.209% | $89K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4215 | +1.075% | $198K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4217 | +1.127% | $304K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | +0.959% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4228 | +1.393% | $26K | $368K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4318 | +3.549% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4224 | +1.298% | $253K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4218 | +1.148% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0122% | 8h | 0.4218 | +1.151% | $900K | $256K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4226 | +1.350% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4225 | +1.310% | $295K | — | 15x | as long as short |
| Lighter LDO | +0.0352% | 1h | 0.4234 | +1.523% | $853K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0598% | 1h | 0.4223 | +1.270% | $1.1M | $655K | 50x | as long as short |
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
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD