Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: Bybit against Extended+0.043%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.043%, 7d avg +0.018%
=Together, before fees−0.076%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4323 | 0.0104 | pay 0.0013% / 1h | 5m 38s | $264K | $1.3M | 25x |
| Short | Bybit LDOUSDT | 0.4325 | 0.0100 | get 0.0100% / 8h | 7h 05m | $16.4M | $11.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.043% → +0.018%
- $2.5
- Slippage, 4 orders
- −$43.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.54
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Bybit: live order book, 3 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 Extended live order book, 3 min ago | 4.60 bp | 16.4 bp −$16 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.30 bp | 12.1 bp −$12 | 32.3 bp −$323 | 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-INTX | −0.0752% | 1h | 0.4343 | +0.459% | $119K | $47K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4327 | +0.089% | $8K | $20K | 25x | as long as short |
| dYdX LDO-USD | +0.0026% | 1h | 0.4328 | +0.117% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.930% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4326 | +0.066% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4332 | +0.202% | $12.0M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4331 | +0.178% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4330 | +0.151% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4329 | +0.139% | $18.2M | $36.6M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4325 | +0.043% | $16.4M | $11.7M | 50x |
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 | 0.4325 | +0.043% | $4.1M | $8.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4329 | +0.135% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4328 | +0.112% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4329 | +0.135% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4325 | +0.043% | $3.3M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4325 | +0.043% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4328 | +0.101% | $89K | $151K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4322 | −0.033% | $203K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4349 | +0.605% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | +0.852% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4328 | +0.115% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4426 | +2.379% | $2K | $1.4M | 20x | as long as short |
| BloFin LDO-USDT | +0.0104% | 8h | 0.4350 | +0.621% | $922K | $213K | 75x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4323 | long leg | $264K | $1.3M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4326 | +0.066% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0196% | 1h | 0.4331 | +0.191% | $1.1M | $516K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4327 | +0.081% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4324 | +0.014% | $302K | — | 15x | as long as short |
| Lighter LDO | +0.0568% | 1h | 0.4338 | +0.348% | $880K | $267K | 10x | as long as short |
Extended LDO-USD
Bybit LDOUSDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
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
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Lighter LDO