Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX+0.046%113s7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$610.612% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.046%, 7d avg +0.069%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 113 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 | OKX LDO-USDT-SWAP | 0.4331 | 0.0100 | pay 0.0100% / 8h | 2h 29m | $4.1M | $9.2M | 50x |
| Short | BloFin LDO-USDT | 0.4333 | 0.0108 | get 0.0108% / 8h | 2h 29m | $792K | $229K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $1.67
- Price spread: +0.046% → +0.069%
- −$2.31
- Slippage, 4 orders
- −$39.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.83
- Costs to cover
- 0.612%
- Break-even
- 266.7 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 57 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 OKX live order book, 4 min ago | 2.31 bp | 14.2 bp −$14 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 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 | 0.4290 | −0.947% | $116K | $54K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4336 | +0.117% | $1.1M | $556K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0211% | 1h | 0.4334 | +0.069% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0024% | 1h | 0.4335 | +0.087% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.408% | $4K | $11 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4347 | +0.369% | $881K | $264K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4331 | −0.004% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4336 | +0.125% | $11.9M | $3.5M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4335 | +0.090% | $171K | $144K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4335 | +0.099% | $111K | $182K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4334 | +0.079% | $18.1M | $37.9M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4333 | +0.046% | $16.8M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAPlong | +0.0100% | 8h | 0.4331 | long leg | $4.1M | $9.2M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4332 | +0.023% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4333 | +0.046% | $8.8M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4334 | +0.069% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4333 | +0.046% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4334 | +0.069% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4334 | +0.079% | $87K | $187K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4332 | +0.030% | $202K | $89K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4333 | +0.046% | $308K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | −0.023% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4336 | +0.118% | $34K | $697K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4435 | +2.401% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4331 | +0.010% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4335 | +0.092% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0108% | 8h | 0.4333 | +0.046% | $792K | $229K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4335 | +0.091% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4332 | +0.025% | $302K | — | 15x | as long as short |
OKX LDO-USDT-SWAP
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
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
GMX LDO/USD [ETH-USDC]