Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Gate−0.023%63s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$860.863% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.023%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 63 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 | Gate LDO_USDT | 0.4325 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $1.4M | $1.1M | 50x |
| Short | BloFin LDO-USDT | 0.4324 | 0.0093 | get 0.0093% / 8h | 2h 50m | $794K | $229K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$1.57
- Price spread: −0.023% → +0.045%
- −$6.77
- Slippage, 4 orders
- −$59.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$94.64
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 36 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 Gate live order book, 2 min ago | 6.93 bp | 30.9 bp −$31 | 180.7 bp −$1,807 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 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 | 0.4325 | 0.000% | $117K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0329% | 1h | 0.4330 | +0.122% | $1.1M | $555K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0212% | 1h | 0.4331 | +0.139% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4328 | +0.069% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.272% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0093% | 8h | 0.4324 | −0.023% | $794K | $229K | 75x | |
| Lighter LDO | +0.0096% | 1h | 0.4339 | +0.333% | $879K | $263K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4328 | +0.077% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4333 | +0.176% | $12.0M | $3.5M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4329 | +0.081% | $170K | $144K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4329 | +0.092% | $111K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4328 | +0.073% | $18.0M | $38.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4326 | +0.023% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4325 | 0.000% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDTlong | +0.0100% | 8h | 0.4325 | long leg | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4327 | +0.046% | $8.8M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4328 | +0.069% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4325 | 0.000% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4326 | +0.023% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4331 | +0.132% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4319 | −0.150% | $202K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.439% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.347% | $35K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4332 | +0.162% | $26K | $681K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4427 | +2.358% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4326 | +0.021% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4328 | +0.058% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4332 | +0.159% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4327 | +0.056% | $302K | — | 15x | as long as short |
Gate LDO_USDT
BloFin LDO-USDT
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
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
GMX LDO/USD [ETH-USDC]