Funding you earn now, next payment 16:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX+0.048%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.048%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4187 | 0.0100 | pay 0.0100% / 8h | 7h 26m | — | $10.2M | — |
| Short | BloFin LDO-USDT | 0.4189 | 0.0121 | get 0.0121% / 8h | 7h 26m | $887K | $258K | 75x |
BingX LDO-USDT
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $4.38
- Price spread: +0.048% → +0.037%
- $1.09
- Slippage, 4 orders
- −$27.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.4
- Costs to cover
- 0.499%
- Break-even
- 78.0 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 40 min ago.
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 BingX live order book, 11 min ago | 2.39 bp | 11.8 bp −$12 | 25.2 bp −$252 | 215.2 bp −$21.5K | 470.8 bp −$235.4K |
| Sell BloFin live order book, 40 min ago | 1.19 bp | 15.7 bp −$16 | 19.4 bp −$194 | 52.1 bp −$5,208 | doesn't fit |
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 | −0.0952% | 1h | 0.4191 | +0.096% | $115K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0371% | 1h | 0.4186 | −0.017% | $1.1M | $741K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4189 | +0.056% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4186 | −0.024% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.839% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4186 | −0.030% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4188 | +0.026% | $11.3M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4194 | +0.156% | $165K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4189 | +0.039% | $106K | $29K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4186 | −0.014% | $17.8M | $31.4M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4182 | −0.119% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4184 | −0.072% | $4.0M | $6.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4186 | −0.024% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4192 | +0.119% | $7.1M | $5.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4191 | +0.096% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4183 | −0.096% | $3.2M | $2.8M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4187 | long leg | — | $10.2M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4186 | −0.021% | $87K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4176 | −0.267% | $200K | $67K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4181 | −0.152% | $293K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4180 | −0.167% | $31K | $635K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4185 | −0.036% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4284 | +2.317% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4186 | −0.035% | $251K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4185 | −0.053% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0121% | 8h | 0.4189 | +0.048% | $887K | $258K | 75x | |
| Lighter LDO | +0.0208% | 1h | 0.4194 | +0.160% | $845K | $273K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4186 | −0.034% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4182 | −0.123% | $292K | — | 15x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP