Funding you earn now, next payment 22:00 UTC−0.0700%/8h= −76.6% APRpaid last 24h −0.352%
Price spread now: Coinbase International against Paradex−0.638%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$21 a day on $10k at the current rate, and Coinbase International is 0.638% cheaper against Paradex than usual: you would sell low and buy high (−$64 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LDO-USD-PERP | 0.4340 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $3K | $56 | 20x |
| Short | Coinbase International LDO-PERP-INTX | 0.4312 | −0.0600 | pay 0.0075% / 1h | 7m 34s | $117K | $55K | 50x |
Paradex LDO-USD-PERP
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. 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
- −$146.99
- Price spread: −0.638% → 0.000%
- −$63.83
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$224.82
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 10 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 10 min ago | 39.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −5.293% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTXshort | −0.0600% | 1h | 0.4312 | −0.638% | $117K | $55K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4343 | +0.085% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4344 | +0.099% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERPlong | +0.0100% | 8h | 0.4340 | long leg | $3K | $56 | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4349 | +0.224% | $12.2M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4344 | +0.103% | $171K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4342 | +0.057% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4346 | +0.156% | $18.1M | $37.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4344 | +0.099% | $16.5M | $12.9M | 50x | as long as short |
Injective LDO/USDC PERP
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4343 | +0.076% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4341 | +0.030% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4342 | +0.053% | $8.5M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4341 | +0.030% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4341 | +0.030% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4341 | +0.030% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4343 | +0.069% | $86K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4336 | −0.087% | $203K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.100% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.007% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4346 | +0.138% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4446 | +2.449% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4337 | −0.060% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4344 | +0.094% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4346 | +0.145% | $788K | $224K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0295% | 1h | 0.4345 | +0.121% | $1.1M | $527K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4344 | +0.089% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0334% | 1h | 0.4338 | −0.046% | $303K | — | 15x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4352 | +0.277% | $883K | $268K | 10x | as long as short |
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
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO