Funding you earn now, next payment 06:00 UTC+0.0243%/8h= +26.7% APRpaid last 24h +0.068%
Price spread now: Reya against Gate−0.151%47s7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.151%, 7d avg −0.042%
=Together, before fees+0.438%+ Points / potential airdropReya: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.109% cheaper against Gate than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.042%). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$7 a day). The two prices were read 47 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 | 0.4254 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $1.4M | $1.1M | 50x |
| Short | Reya LDORUSDPERP | 0.4248 | 0.0343 | get 0.0043% / 1h | 59m 31s | $296K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $51.13
- Price spread: −0.151% → −0.042%
- −$10.9
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $19.23
- Costs to cover
- 0.210%
- Break-even
- 4.4 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago | 2.35 bp | 32.8 bp −$33 | 141.7 bp −$1,417 | 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-INTX | −0.0464% | 1h | 0.4192 | −1.457% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4249 | −0.114% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4251 | −0.071% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.385% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0073% | 8h | 0.4258 | +0.094% | $888K | $260K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4247 | −0.174% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4254 | −0.009% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4255 | +0.015% | $167K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4250 | −0.094% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4252 | −0.047% | $17.8M | $31.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4249 | −0.118% | $16.1M | $10.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4250 | −0.094% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDTlong | +0.0100% | 8h | 0.4254 | long leg | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4251 | −0.071% | $7.1M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4252 | −0.047% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4254 | 0.000% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4252 | −0.047% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4249 | −0.125% | $90K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4253 | −0.030% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4255 | +0.024% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | −0.094% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4251 | −0.066% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4349 | +2.233% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4249 | −0.123% | $259K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4251 | −0.065% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0224% | 1h | 0.4260 | +0.150% | $859K | $267K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4251 | −0.079% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPshort | +0.0343% | 1h | 0.4248 | −0.151% | $296K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0594% | 1h | 0.4251 | −0.065% | $1.1M | $662K | 50x | as long as short |
Gate LDO_USDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD