Funding you earn now, next payment 05:00 UTC−0.0238%/8h= −26.1% APRpaid last 24h −0.069%
Price spread now: BloFin against Reya+0.080%46s7-day average +0.081% · 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)−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.080%, 7d avg +0.081%
=Together, before fees−0.226%+ Points / potential airdropReya: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 46 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 | Reya LDORUSDPERP | 0.4221 | 0.0342 | pay 0.0043% / 1h | 0m 33s | $294K | — | 15x |
| Short | BloFin LDO-USDT | 0.4224 | 0.0104 | get 0.0104% / 8h | 3h 00m | $898K | $256K | 75x |
Reya LDORUSDPERP
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- −$50.01
- Price spread: +0.080% → +0.081%
- −$0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$68.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 21 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 21 min ago | 3.54 bp | 12.6 bp −$13 | 24.5 bp −$245 | 71.4 bp −$7,140 | doesn't fit |
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 | −0.0352% | 1h | 0.4189 | −0.749% | $116K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4222 | +0.040% | $81K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.621% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4221 | +0.015% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4226 | +0.137% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4224 | +0.085% | $166K | $93K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4223 | +0.059% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4224 | +0.070% | $17.7M | $30.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4221 | +0.009% | $15.9M | $10.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4222 | +0.033% | $4.0M | $6.6M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4218 | −0.062% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4223 | +0.057% | $7.4M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4223 | +0.057% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4222 | +0.033% | $3.2M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4221 | +0.009% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4224 | +0.080% | $90K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4219 | −0.032% | $198K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4232 | +0.270% | $301K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4220 | −0.014% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4226 | +0.125% | $49K | $325K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4322 | +2.402% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4221 | +0.006% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4223 | +0.057% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0104% | 8h | 0.4224 | +0.080% | $898K | $256K | 75x | |
| Deribit LDO_USDC-PERPETUAL | +0.0224% | 1h | 0.4224 | +0.080% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4221 | +0.004% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0342% | 1h | 0.4221 | long leg | $294K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0398% | 1h | 0.4227 | +0.142% | $1.1M | $660K | 50x | as long as short |
| Lighter LDO | +0.0432% | 1h | 0.4231 | +0.242% | $852K | $271K | 10x | as long as short |
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD
Lighter LDO