Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.067%
Price spread now: Reya against Pacifica−0.022%7-day average −0.082% · 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)+0.187%+$19 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.022%, 7d avg −0.082%
=Together, before fees+0.276%+ Points / potential airdropPacifica: Active · Reya: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.060% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LDO | 0.4282 | 0.0100 | pay 0.0013% / 1h | 27m 54s | $110K | $46K | 10x |
| Short | Reya LDORUSDPERP | 0.4281 | 0.0340 | get 0.0043% / 1h | 27m 54s | $299K | — | 15x |
Pacifica LDO
Reya LDORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Pacifica. 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
- $50.45
- Price spread: −0.022% → −0.082%
- $5.98
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $42.42
- Costs to cover
- 0.140%
- Break-even
- 1.1 days
Slippage unknown: Pacifica: live order book, 30 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 Pacifica live order book, 30 min ago | 5.84 bp | 18.7 bp −$19 | 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-INTX | −0.0416% | 1h | 0.4270 | −0.269% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | −0.032% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4278 | −0.082% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.006% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4277 | −0.107% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4276 | −0.136% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4281 | −0.018% | $168K | $120K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4282 | long leg | $110K | $46K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4274 | −0.176% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4269 | −0.293% | $16.1M | $10.0M | 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
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 | 0.4270 | −0.269% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4276 | −0.129% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4273 | −0.199% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4274 | −0.176% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4272 | −0.223% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4272 | −0.223% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4274 | −0.174% | $91K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4281 | −0.007% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4284 | +0.064% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | −0.503% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4282 | +0.018% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4383 | +2.370% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4271 | −0.248% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4276 | −0.137% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0128% | 8h | 0.4289 | +0.174% | $915K | $253K | 75x | as long as short |
| Lighter LDO | +0.0200% | 1h | 0.4285 | +0.079% | $871K | $265K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4277 | −0.098% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPshort | +0.0340% | 1h | 0.4281 | −0.022% | $299K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4280 | −0.033% | $1.2M | $684K | 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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD