Funding you earn now, next payment 22:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.076%
Price spread now: Variational Omni against Reya+0.623%7-day average +0.016% · 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)−0.184%−$18 on $10k
+Price spread, last 3 days (all we have)−0.513%−$51 · spread now +0.623%, 7d avg +0.016%
=Together, before fees−0.697%+ Points / potential airdropReya: Active · Variational Omni: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.607% dearer against Reya than usual: you sell high and buy low (spread +0.623% now, against its 7-day average of +0.016%): +$61 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4295 | 0.0333 | pay 0.0042% / 1h | 2m 16s | $300K | — | 15x |
| Short | Variational Omni LDO | 0.4321 | 0.0100 | get 0.0100% / 8h | 2h 02m | $202K | $88K | — |
Reya LDORUSDPERP
Variational Omni LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$48.89
- Price spread: +0.623% → +0.016%
- $60.68
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $5.78
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 22 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 Variational Omni RFQ quote, 22 min ago | 5.74 bp | doesn't fit | 35.6 bp −$356 | 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 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 | 0.4272 | −0.526% | $116K | $54K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0331% | 1h | 0.4299 | +0.111% | $1.1M | $564K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4298 | +0.080% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0013% | 1h | 0.4304 | +0.215% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −0.572% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4313 | +0.429% | $875K | $266K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4297 | +0.058% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4302 | +0.164% | $11.8M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4304 | +0.209% | $169K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4299 | +0.103% | $110K | $178K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4299 | +0.103% | $17.9M | $38.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4297 | +0.057% | $16.4M | $13.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4295 | +0.010% | $4.0M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4302 | +0.173% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4299 | +0.103% | $8.5M | $7.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4301 | +0.150% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4293 | −0.037% | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4299 | +0.103% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4302 | +0.180% | $86K | $186K | 10x | as long as short |
| Variational Omni LDOshort | +0.0100% | 8h | 0.4321 | +0.623% | $202K | $88K | — | |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | −0.424% | $307K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.126% | $34K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4301 | +0.154% | $23K | $740K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4398 | +2.408% | $1K | $1.5M | 20x | as long as short |
| BloFin LDO-USDT | +0.0103% | 8h | 0.4300 | +0.126% | $796K | $227K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4293 | −0.030% | $257K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4300 | +0.122% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4300 | +0.132% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0333% | 1h | 0.4295 | long leg | $300K | — | 15x |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]