Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.045%
Price spread now: Paradex against Deribit+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.044% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LDO_USDC-PERPETUAL | 0.4241 | 0 | get 0.0000% / 1h | 49m 10s | $7K | $20K | 25x |
| Short | Paradex LDO-USD-PERP | 0.4243 | 0.0100 | get 0.0100% / 8h | 1h 49m | $3K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Deribit. 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
- $20.98
- Price spread: +0.044% → 0.000%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $14.36
- Costs to cover
- 0.110%
- Break-even
- 2.2 days
Slippage unknown: Deribit: no order-book sample; Paradex: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Deribit and Paradex: 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-INTX | −0.0648% | 1h | 0.4218 | −0.542% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4244 | +0.073% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUALlong | 0.0000% | 1h | 0.4241 | long leg | $7K | $20K | 25x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.089% | $4K | $11 | 12x | as long as short |
| Backpack LDO_USDC_PERP | +0.0045% | 1h | 0.4244 | +0.066% | $90K | $181K | 10x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4250 | +0.210% | $856K | $269K | 10x | as long as short |
| Paradex LDO-USD-PERPshort | +0.0100% | 8h | 0.4243 | +0.044% | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4245 | +0.094% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4245 | +0.096% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4244 | +0.067% | $107K | $28K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4241 | +0.002% | $17.7M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4241 | 0.000% | $16.1M | $10.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4243 | +0.047% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4244 | +0.071% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4243 | +0.047% | $7.0M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4244 | +0.071% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4242 | +0.024% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4244 | +0.071% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4239 | −0.052% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4242 | +0.032% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4240 | −0.024% | $32K | $637K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4244 | +0.073% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4341 | +2.358% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4238 | −0.080% | $255K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4242 | +0.022% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0123% | 8h | 0.4239 | −0.047% | $895K | $259K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4242 | +0.029% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4239 | −0.050% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0379% | 1h | 0.4245 | +0.084% | $1.1M | $658K | 50x | as long as short |
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
Backpack LDO_USDC_PERP
Lighter LDO
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD