Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin−0.558%115s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.585% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)+0.571%+$57 · spread now −0.558%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.490% cheaper against BloFin than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of −0.069%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 115 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 | BloFin LDO-USDT | 0.4300 | 0.0118 | pay 0.0118% / 8h | 6h 47m | $918K | $241K | 75x |
| Short | Bitget LDOUSDT | 0.4276 | 0.0100 | get 0.0100% / 8h | 6h 47m | $3.3M | $3.4M | 75x |
BloFin LDO-USDT
Bitget LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$3.77
- Price spread: −0.558% → −0.069%
- −$48.95
- Slippage, 4 orders
- −$34.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.17
- Costs to cover
- 0.585%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Bitget: live order book, 1 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 BloFin live order book, 20 min ago | 4.61 bp | 13.7 bp −$14 | 28.0 bp −$280 | 93.3 bp −$9,327 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.51 bp | 14.4 bp −$14 | 46.0 bp −$460 | doesn't fit | 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 | −0.0416% | 1h | 0.4278 | −0.512% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4285 | −0.342% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4280 | −0.465% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.419% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4289 | −0.256% | $871K | $267K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4280 | −0.474% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4284 | −0.377% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4288 | −0.285% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4283 | −0.403% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4282 | −0.419% | $18.0M | $34.7M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
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 | 0.4276 | −0.558% | $16.1M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4277 | −0.535% | $4.0M | $8.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4283 | −0.395% | $1.5M | $972K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4280 | −0.465% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4285 | −0.349% | $2.7M | $4.2M | 50x | as long as short |
| Bitget LDOUSDTshort | +0.0100% | 8h | 0.4276 | −0.558% | $3.3M | $3.4M | 75x | |
| BingX LDO-USDT | +0.0100% | 8h | 0.4282 | −0.419% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4284 | −0.367% | $88K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4293 | −0.167% | $202K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | −0.161% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | −0.233% | $33K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4283 | −0.386% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4382 | +1.907% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4272 | −0.641% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4277 | −0.537% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0118% | 8h | 0.4300 | long leg | $918K | $241K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4281 | −0.444% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4277 | −0.532% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0562% | 1h | 0.4283 | −0.387% | $1.2M | $792K | 50x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD