Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h +0.002%
Price spread now: Extended against BloFin−0.289%94s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$620.618% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.289%, 7d avg −0.100%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.189% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.100%). Swap the legs. The two prices were read 94 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 | 0.4215 | 0.0120 | pay 0.0120% / 8h | 59m 31s | $888K | $258K | 75x |
| Short | Extended LDO-USD | 0.4203 | 0.0104 | get 0.0013% / 1h | 59m 31s | $253K | $1.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.33
- Price spread: −0.289% → −0.100%
- −$18.9
- Slippage, 4 orders
- −$44.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$84.01
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; Extended: live order book, 4 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, 13 min ago | 2.37 bp | 16.9 bp −$17 | 22.8 bp −$228 | 79.7 bp −$7,973 | doesn't fit |
| Sell Extended live order book, 4 min ago | 4.74 bp | 17.2 bp −$17 | 90.3 bp −$903 | 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 | −0.0648% | 1h | 0.4193 | −0.522% | $117K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4206 | −0.209% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4208 | −0.166% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.491% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4203 | −0.287% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4208 | −0.168% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4206 | −0.221% | $165K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4205 | −0.233% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4206 | −0.221% | $17.6M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4202 | −0.308% | $15.9M | $9.9M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4204 | −0.261% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4203 | −0.285% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4205 | −0.237% | $6.7M | $5.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4206 | −0.214% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4202 | −0.308% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4204 | −0.261% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4205 | −0.237% | $89K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4204 | −0.267% | $196K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4209 | −0.142% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | −0.119% | $31K | $635K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4212 | −0.076% | $22K | $376K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4308 | +2.206% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4203 | −0.289% | $253K | $1.1M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4208 | −0.172% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0120% | 8h | 0.4215 | long leg | $888K | $258K | 75x | |
| Lighter LDO | +0.0304% | 1h | 0.4213 | −0.038% | $849K | $270K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4208 | −0.160% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0345% | 1h | 0.4203 | −0.276% | $293K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0382% | 1h | 0.4208 | −0.166% | $1.1M | $706K | 50x | as long as short |
BloFin LDO-USDT
Extended LDO-USD
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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
SunX LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD