Funding you earn now, next payment 16:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin−0.167%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.167%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.091% cheaper against BloFin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4185 | 0.0099 | pay 0.0099% / 8h | 7h 32m | $882K | $256K | 75x |
| Short | Bybit LDOUSDT | 0.4178 | 0.0100 | get 0.0100% / 8h | 7h 32m | $16.0M | $10.0M | 50x |
BloFin LDO-USDT
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.18
- Price spread: −0.167% → −0.076%
- −$9.1
- Slippage, 4 orders
- −$28.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$60.25
- Costs to cover
- 0.513%
- Break-even
- 2408.6 days
Slippage from BloFin: live order book, 35 min ago; Bybit: 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, 35 min ago | 1.19 bp | 9.5 bp −$9 | 20.5 bp −$205 | 100.2 bp −$10.0K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.20 bp | 13.1 bp −$13 | 35.1 bp −$351 | 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 | −0.0952% | 1h | 0.4183 | −0.048% | $115K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0371% | 1h | 0.4187 | +0.049% | $1.1M | $742K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4187 | +0.052% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4187 | +0.048% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.792% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0099% | 8h | 0.4185 | long leg | $882K | $256K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4183 | −0.047% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4189 | +0.098% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4186 | +0.034% | $165K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4185 | 0.000% | $106K | $29K | 10x | 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 LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4183 | −0.038% | $17.6M | $31.2M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4178 | −0.167% | $16.0M | $10.0M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4181 | −0.096% | $4.0M | $6.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4182 | −0.072% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4185 | 0.000% | $6.9M | $5.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4185 | 0.000% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4181 | −0.096% | $3.2M | $2.9M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4184 | −0.024% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4185 | +0.010% | $87K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4191 | +0.151% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4193 | +0.190% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4200 | +0.358% | $31K | $635K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4187 | +0.048% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4283 | +2.342% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4180 | −0.110% | $251K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4186 | +0.032% | $37K | — | 3x | as long as short |
| Lighter LDO | +0.0192% | 1h | 0.4193 | +0.194% | $845K | $272K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4185 | −0.010% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4196 | +0.272% | $293K | — | 15x | as long as short |
Binance 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
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP