Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.040%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.795% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.040%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LDOUSDTM | 0.4121 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $2.5M | $2.9M | 50x |
| Short | Binance LDOUSDT | 0.4119 | 0.0100 | get 0.0100% / 8h | 5h 05m | $17.3M | $30.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- Price spread: −0.040% → +0.002%
- −$4.21
- Slippage, 4 orders
- −$57.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.72
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 14 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 KuCoin live order book, 5 min ago | 2.42 bp | 23.6 bp −$24 | 860.3 bp −$8,603 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.21 bp | 12.6 bp −$13 | 26.7 bp −$267 | 130.0 bp −$13.0K | doesn't fit |
LDO on 29 exchanges
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 | −0.0384% | 1h | 0.4099 | −0.534% | $112K | $47K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0235% | 1h | 0.4122 | +0.024% | $7K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4123 | +0.047% | $79K | $2K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −0.267% | $4K | $10 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4126 | +0.126% | $827K | $251K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4116 | −0.110% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4123 | +0.039% | $11.3M | $2.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4124 | +0.072% | $162K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4123 | +0.049% | $104K | $7K | 10x | as long as short |
| Binance LDOUSDTshort | +0.0100% | 8h | 0.4119 | −0.040% | $17.3M | $30.6M | 75x |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4118 | −0.073% | $15.9M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4120 | −0.024% | $3.9M | $5.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4124 | +0.073% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4122 | +0.024% | $6.3M | $5.2M | 200x | as long as short |
| KuCoin LDOUSDTMlong | +0.0100% | 8h | 0.4121 | long leg | $2.5M | $2.9M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4124 | +0.073% | $3.1M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4120 | −0.024% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4122 | +0.019% | $84K | $166K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4121 | +0.010% | $196K | $49K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4122 | +0.029% | $290K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4120 | −0.024% | $20K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4125 | +0.109% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4218 | +2.354% | $1K | $1.1M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4117 | −0.105% | $249K | $1.5M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4122 | +0.023% | $36K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0117% | 8h | 0.4121 | 0.000% | $869K | $267K | 75x | as long as short |
| Reya LDORUSDPERP | +0.0350% | 1h | 0.4121 | +0.005% | $287K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0367% | 1h | 0.4125 | +0.104% | $1.0M | $724K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0383% / S −0.0308% | 1h | 0.4125 | +0.090% | $29K | — | 100x | as long as short |
KuCoin LDOUSDTM
Binance LDOUSDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
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
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]