Funding you earn now, next payment 02:00 UTC+0.0237%/8h= +26.0% APRpaid last 24h +0.066%
Price spread now: Reya against SunX−2.319%7-day average −2.372% · 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)+0.174%+$17 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −2.319%, 7d avg −2.372%
=Together, before fees+0.177%+ Points / potential airdropReya: Active · farm board+$18 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 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −2.372%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LDO-USDT | 0.4393 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $2K | $1.3M | 20x |
| Short | Reya LDORUSDPERP | 0.4291 | 0.0337 | get 0.0042% / 1h | 49m 17s | $299K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against SunX. 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
- $49.79
- Price spread: −2.319% → −2.372%
- $5.28
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $41.07
- Costs to cover
- 0.140%
- Break-even
- 1.2 days
Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago | 243.90 bp | doesn't fit | 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 | 0.4292 | −2.299% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | −2.117% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4292 | −2.299% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −6.442% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4306 | −1.983% | $874K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4293 | −2.284% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4298 | −2.174% | $11.9M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4299 | −2.143% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4299 | −2.140% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4295 | −2.227% | $18.0M | $34.8M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4291 | −2.322% | $16.2M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4295 | −2.231% | $4.0M | $8.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4292 | −2.299% | $1.5M | $950K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4294 | −2.254% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4294 | −2.254% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | −2.367% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4291 | −2.322% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4299 | −2.142% | $88K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4293 | −2.280% | $202K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4285 | −2.458% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −2.117% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4294 | −2.251% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDTlong | +0.0100% | 8h | 0.4393 | long leg | $2K | $1.3M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4288 | −2.379% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4294 | −2.265% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | −2.117% | $918K | $241K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4291 | −2.317% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPshort | +0.0337% | 1h | 0.4291 | −2.319% | $299K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0560% | 1h | 0.4300 | −2.126% | $1.2M | $750K | 50x | as long as short |
SunX LDO-USDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
Extended LDO-USD
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD