Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin−0.024%96s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.024%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4206 | 0.0071 | pay 0.0071% / 8h | 1m 33s | $884K | $257K | 75x |
| Short | BingX LDO-USDT | 0.4205 | 0.0100 | get 0.0100% / 8h | 1m 33s | — | $10.1M | — |
BloFin LDO-USDT
BingX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $6.1
- Price spread: −0.024% → −0.037%
- $1.32
- Slippage, 4 orders
- −$26.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.14
- Costs to cover
- 0.486%
- Break-even
- 54.3 days
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 7 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 BloFin live order book, 5 min ago | 1.19 bp | 9.5 bp −$9 | 20.5 bp −$205 | 100.2 bp −$10.0K | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.38 bp | 11.2 bp −$11 | 21.4 bp −$214 | 74.7 bp −$7,469 | 372.4 bp −$186.2K |
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 | −0.0920% | 1h | 0.4198 | −0.190% | $117K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4208 | +0.055% | $81K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.282% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0071% | 8h | 0.4206 | long leg | $884K | $257K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4203 | −0.083% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4212 | +0.147% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4206 | +0.012% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4206 | +0.009% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4208 | +0.039% | $17.6M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4205 | −0.024% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
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 | 0.4208 | +0.048% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4205 | −0.024% | $1.5M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4207 | +0.024% | $6.7M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4206 | 0.000% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4205 | −0.024% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDTshort | +0.0100% | 8h | 0.4205 | −0.024% | — | $10.1M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4207 | +0.029% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4200 | −0.144% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4210 | +0.095% | $298K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | +0.095% | $31K | $634K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4210 | +0.097% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4306 | +2.378% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4202 | −0.095% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4209 | +0.059% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0225% | 1h | 0.4206 | +0.010% | $1.1M | $728K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0225% | 1h | 0.4209 | +0.071% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4207 | +0.034% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4207 | +0.017% | $293K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4212 | +0.147% | $849K | $273K | 10x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO