Funding you earn now, next payment 11:00 UTC−0.0249%/8h= −27.3% APRpaid last 24h −0.070%
Price spread now: OKX against Reya−0.056%77s7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.056%, 7d avg +0.015%
=Together, before fees−0.227%+ Points / potential airdropReya: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.071% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.015%). Swap the legs. The two prices were read 77 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 | 0.4122 | 0.0349 | pay 0.0044% / 1h | 29m 08s | $287K | — | 15x |
| Short | OKX LDO-USDT-SWAP | 0.4120 | 0.0100 | get 0.0100% / 8h | 5h 29m | $3.9M | $5.8M | 50x |
Reya LDORUSDPERP
OKX LDO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$52.39
- Price spread: −0.056% → +0.015%
- −$7.11
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.21 bp | 17.3 bp −$17 | 65.6 bp −$656 | doesn't fit | 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 exchanges
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 | −0.0384% | 1h | 0.4091 | −0.759% | $112K | $47K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4122 | −0.008% | $79K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4125 | +0.066% | $7K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −0.298% | $4K | $10 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4131 | +0.209% | $831K | $246K | 10x | as long as short |
| BloFin LDO-USDT | +0.0097% | 8h | 0.4129 | +0.163% | $873K | $267K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4122 | −0.007% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4126 | +0.095% | $11.3M | $2.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4125 | +0.076% | $162K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4127 | +0.114% | $104K | $7K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4124 | +0.044% | $17.3M | $30.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4122 | −0.007% | $15.9M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAPshort | +0.0100% | 8h | 0.4120 | −0.056% | $3.9M | $5.8M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4125 | +0.066% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4124 | +0.041% | $6.0M | $5.1M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4124 | +0.041% | $2.5M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4123 | +0.017% | $3.1M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4122 | −0.007% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4123 | +0.007% | $84K | $167K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4118 | −0.116% | $196K | $51K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4118 | −0.104% | $295K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4120 | −0.056% | $20K | $637K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4124 | +0.041% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4219 | +2.346% | $1K | $1.1M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4122 | −0.003% | $250K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4124 | +0.054% | $36K | — | 3x | as long as short |
| Reya LDORUSDPERPlong | +0.0349% | 1h | 0.4122 | long leg | $287K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0366% | 1h | 0.4127 | +0.114% | $1.0M | $724K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0383% / S −0.0308% | 1h | 0.4125 | +0.068% | $29K | — | 100x | as long as short |
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
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]