LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1016%/8h= −111.3% APRnext payment −$1.27 per $10,000 · paid last 24h −0.286%

Price spread now: Coinbase International against Deribit+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.023% dearer against Deribit than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LDO_USDC-PERPETUAL	0.4332	0	get 0.0000% / 1h	24m 48s	$3K	$10K	25x
Short	Coinbase International LDO-PERP-INTX	0.4333	−0.1016	pay 0.0127% / 1h	24m 48s	$118K	$52K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$213.36
Price spread: +0.023% → 0.000%: $2.31
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$228.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 53 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 53 min ago	39.29 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Injective LDO/USDC PERP	−0.5000%	1h	0.4110	−5.125%	$4K	$14	12x	as long as short
Coinbase International LDO-PERP-INTXshort	−0.1016%	1h	0.4333	+0.023%	$118K	$52K	50x
dYdX LDO-USD	0.0000%	1h	0.4330	−0.046%	$84K	$17K	5x	as long as short
Deribit LDO_USDC-PERPETUALlong	0.0000%	1h	0.4332	long leg	$3K	$10K	25x
Kraken Futures PF_LDOUSD	+0.0026%	1h	0.4334	+0.042%	$1.1M	$526K	50x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4326	−0.141%	$3K	$56	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4332	−0.005%	$12.1M	$4.0M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4332	−0.005%	$170K	$149K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4326	−0.131%	$111K	$178K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4329	−0.070%	$18.0M	$37.6M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LDOUSDT	+0.0100%	8h	0.4326	−0.139%	$16.4M	$12.5M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4323	−0.208%	$4.1M	$9.1M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4326	−0.139%	$1.4M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4329	−0.069%	$8.4M	$7.5M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4329	−0.069%	$2.8M	$4.2M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4326	−0.139%	$3.4M	$3.6M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4326	−0.139%	—	$3.7M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4328	−0.088%	$88K	$178K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4331	−0.023%	$203K	$82K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4333	+0.023%	$307K	$3.4M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4340	+0.185%	$35K	$648K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4330	−0.046%	$23K	$736K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4429	+2.239%	$2K	$1.5M	20x	as long as short
BloFin LDO-USDT	+0.0103%	8h	0.4333	+0.023%	$792K	$220K	75x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4323	−0.210%	$260K	$1.0M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4332	0.000%	$38K	—	3x	as long as short
Lighter LDO	+0.0192%	1h	0.4339	+0.159%	$880K	$268K	10x	as long as short
GMX LDO/USD [ETH-USDC]	L +0.0319% / S −0.0201%	1h	0.4330	−0.036%	$24K	—	100x	as long as short
Reya LDORUSDPERP	+0.0335%	1h	0.4326	−0.138%	$302K	—	15x	as long as short