Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin−0.356%93s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$820.822% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.325%+$32 · spread now −0.356%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.326% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 93 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 | 0.4211 | 0.0124 | pay 0.0124% / 8h | 2h 39m | $896K | $256K | 75x |
| Short | Gate LDO_USDT | 0.4196 | 0.0100 | get 0.0100% / 8h | 2h 39m | $1.4M | $1.1M | 50x |
BloFin LDO-USDT
Gate LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.09
- Price spread: −0.356% → −0.031%
- −$32.57
- Slippage, 4 orders
- −$55.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$119.83
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; Gate: live order book, 3 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, 42 min ago | 3.54 bp | 15.4 bp −$15 | 28.1 bp −$281 | 91.3 bp −$9,132 | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.56 bp | 27.4 bp −$27 | 135.2 bp −$1,352 | 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-INTX | −0.0464% | 1h | 0.4189 | −0.522% | $116K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4203 | −0.181% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4207 | −0.095% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.398% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4198 | −0.312% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4203 | −0.192% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4202 | −0.222% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4204 | −0.170% | $107K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4200 | −0.263% | $17.7M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4197 | −0.332% | $15.9M | $10.1M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
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 | 0.4197 | −0.332% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4196 | −0.356% | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4200 | −0.261% | $7.2M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4203 | −0.190% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4197 | −0.332% | $3.2M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4198 | −0.309% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4205 | −0.138% | $89K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4211 | −0.004% | $198K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4212 | +0.034% | $300K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4220 | +0.214% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4200 | −0.271% | $26K | $368K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4302 | +2.161% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4196 | −0.346% | $253K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4206 | −0.121% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0124% | 8h | 0.4211 | long leg | $896K | $256K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4205 | −0.148% | $23K | — | 100x | as long as short |
| Lighter LDO | +0.0336% | 1h | 0.4212 | +0.024% | $849K | $265K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4198 | −0.299% | $293K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0600% | 1h | 0.4210 | −0.028% | $1.1M | $658K | 50x | as long as short |
OKX LDO-USDT-SWAP
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]
Lighter LDO
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD