Funding you earn now, next payment 21:00 UTC−0.0788%/8h= −86.3% APRpaid last 24h −0.356%
Price spread now: Coinbase International against OKX−0.303%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days−0.672%−$67 on $10k
+Price spread, last 3 days (all we have)+0.505%+$50 · spread now −0.303%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Coinbase International is 0.279% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LDO-USDT-SWAP | 0.4285 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $4.0M | $9.1M | 50x |
| Short | Coinbase International LDO-PERP-INTX | 0.4272 | −0.0688 | pay 0.0086% / 1h | 59m 53s | $116K | $54K | 50x |
OKX LDO-USDT-SWAP
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- −$165.48
- Price spread: −0.303% → −0.024%
- −$27.93
- Slippage, 4 orders
- −$53.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$266.61
- Costs to cover
- 0.732%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 23 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 OKX live order book, 3 min ago | 1.16 bp | 16.5 bp −$17 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 23 min ago | 14.91 bp | 19.9 bp −$20 | doesn't fit | 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-INTXshort | −0.0688% | 1h | 0.4272 | −0.303% | $116K | $54K | 50x | |
| Kraken Futures PF_LDOUSD | −0.0331% | 1h | 0.4297 | +0.289% | $1.1M | $564K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0216% | 1h | 0.4294 | +0.210% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0012% | 1h | 0.4295 | +0.228% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −0.350% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0082% | 8h | 0.4298 | +0.303% | $796K | $227K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4304 | +0.436% | $873K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4291 | +0.150% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4293 | +0.182% | $11.8M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4298 | +0.309% | $169K | $152K | 10x | as long as short |
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4293 | +0.178% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4290 | +0.118% | $17.9M | $38.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4285 | 0.000% | $16.3M | $13.4M | 50x | as long as short |
| OKX LDO-USDT-SWAPlong | +0.0100% | 8h | 0.4285 | long leg | $4.0M | $9.1M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4293 | +0.187% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4293 | +0.187% | $8.5M | $7.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4294 | +0.210% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | +0.093% | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4291 | +0.140% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4292 | +0.166% | $85K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4292 | +0.171% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | −0.202% | $307K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.350% | $34K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4295 | +0.243% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4393 | +2.520% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4286 | +0.023% | $257K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4295 | +0.229% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4295 | +0.238% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4290 | +0.125% | $299K | — | 15x | as long as short |
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP