Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Backpack against SunX−2.330%7-day average −2.302% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 3 days (all we have)+0.070%+$7 · spread now −2.330%, 7d avg −2.302%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.028% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −2.302%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LDO-USDT | 0.4434 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $2K | $1.5M | 20x |
| Short | Backpack LDO_USDC_PERP | 0.4331 | 0.0100 | get 0.0013% / 1h | 34m 34s | $85K | $182K | 10x |
SunX LDO-USDT
Backpack LDO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SunX. 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: −2.330% → −2.302%
- −$2.75
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$20.75
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Backpack: live order book, 49 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 SunX live order book, 10 min ago | 250.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 49 min ago | 1.83 bp | 16.2 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −7.307% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4304 | −2.932% | $117K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4331 | −2.313% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4333 | −2.278% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4327 | −2.416% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4330 | −2.334% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4332 | −2.301% | $170K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4331 | −2.323% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4327 | −2.413% | $18.0M | $38.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4322 | −2.526% | $16.5M | $13.3M | 50x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
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 | 0.4321 | −2.548% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4329 | −2.368% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4327 | −2.413% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4329 | −2.368% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4328 | −2.391% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4327 | −2.413% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERPshort | +0.0100% | 1h | 0.4331 | −2.330% | $85K | $182K | 10x | |
| Variational Omni LDO | +0.0100% | 8h | 0.4333 | −2.278% | $203K | $84K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4340 | −2.119% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | −2.120% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4327 | −2.420% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDTlong | +0.0100% | 8h | 0.4434 | long leg | $2K | $1.5M | 20x | |
| BloFin LDO-USDT | +0.0101% | 8h | 0.4331 | −2.323% | $784K | $225K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4322 | −2.520% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4333 | −2.287% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0176% | 1h | 0.4342 | −2.073% | $881K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0296% | 1h | 0.4333 | −2.267% | $1.1M | $563K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4332 | −2.296% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4322 | −2.530% | $301K | — | 15x | as long as short |
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
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP