Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bitget+0.162%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.162%, 7d avg +0.064%
=The price spread pays, funding is against you. BloFin is 0.098% dearer against Bitget than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.064%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LDOUSDT | 0.4332 | 0.0100 | pay 0.0100% / 8h | 2h 53m | $3.3M | $3.7M | 75x |
| Short | BloFin LDO-USDT | 0.4339 | 0.0080 | get 0.0080% / 8h | 2h 53m | $795K | $229K | 75x |
Bitget LDOUSDT
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$4.29
- Price spread: +0.162% → +0.064%
- $9.75
- Slippage, 4 orders
- −$38.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56.55
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 33 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 Bitget live order book, 5 min ago | 3.46 bp | 15.6 bp −$16 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 4.60 bp | 12.1 bp −$12 | 19.5 bp −$195 | 60.5 bp −$6,054 | 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 | −0.0688% | 1h | 0.4347 | +0.346% | $118K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4341 | +0.203% | $1.1M | $554K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4340 | +0.185% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4338 | +0.139% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.431% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0080% | 8h | 0.4339 | +0.162% | $795K | $229K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4337 | +0.113% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4342 | +0.224% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4341 | +0.198% | $171K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4339 | +0.157% | $111K | $182K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4328 | −0.092% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4326 | −0.139% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4332 | 0.000% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4335 | +0.069% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4330 | −0.046% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4337 | +0.115% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDTlong | +0.0100% | 8h | 0.4332 | long leg | $3.3M | $3.7M | 75x | |
| BingX LDO-USDT | +0.0100% | 8h | 0.4328 | −0.092% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4338 | +0.136% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4340 | +0.196% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.277% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.185% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4340 | +0.192% | $26K | $688K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4438 | +2.447% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4333 | +0.013% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4335 | +0.059% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0128% | 1h | 0.4349 | +0.390% | $881K | $263K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4339 | +0.152% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4336 | +0.090% | $302K | — | 15x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP