Funding you earn now, next payment 02:00 UTC+0.0851%/8h= +93.1% APRnext payment +$1.06 per $10,000 · paid last 24h +0.392%
Price spread now: Reya against Coinbase International+0.453%48s7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.718%+$72 on $10k
+Price spread, last 4 days (all we have)−0.708%−$71 · spread now +0.453%, 7d avg +0.013%
=Together, before fees+0.010%+ Points / potential airdropReya: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Reya is 0.440% dearer against Coinbase International than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 48 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 | Coinbase International LDO-PERP-INTX | 0.4259 | −0.0512 | get 0.0064% / 1h | 38m 20s | $119K | $43K | 50x |
| Short | Reya LDORUSDPERP | 0.4278 | 0.0339 | get 0.0042% / 1h | 38m 20s | $298K | — | 15x |
Coinbase International LDO-PERP-INTX
Reya LDORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Coinbase International. 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
- $178.64
- Price spread: +0.453% → +0.013%
- $44
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $206.64
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 24 min ago; Reya: no order-book sample. 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 Coinbase International live order book, 24 min ago | 13.96 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTXlong | −0.0512% | 1h | 0.4259 | long leg | $119K | $43K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4284 | +0.590% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4280 | +0.493% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.498% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4281 | +0.512% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4284 | +0.580% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4287 | +0.647% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4285 | +0.608% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4283 | +0.564% | $17.9M | $32.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4278 | +0.446% | $16.1M | $10.4M | 50x | as long as short |
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 | 0.4280 | +0.493% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4282 | +0.540% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4282 | +0.540% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4281 | +0.517% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4280 | +0.493% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4280 | +0.493% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4281 | +0.510% | $87K | $144K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4279 | +0.473% | $201K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4290 | +0.718% | $304K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | +0.728% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4284 | +0.580% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4381 | +2.865% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4278 | +0.448% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4282 | +0.544% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0115% | 8h | 0.4279 | +0.470% | $911K | $254K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4282 | +0.537% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPshort | +0.0339% | 1h | 0.4278 | +0.453% | $298K | — | 15x | |
| Lighter LDO | +0.0384% | 1h | 0.4293 | +0.787% | $872K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0577% | 1h | 0.4284 | +0.594% | $1.2M | $711K | 50x | 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
GMX LDO/USD [ETH-USDC]
Lighter LDO
Kraken Futures PF_LDOUSD