Funding you earn now, next payment 16:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate+0.168%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.168%, 7d avg +0.027%
=The price spread pays, funding is against you. BloFin is 0.141% dearer against Gate than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of +0.027%): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 48 days. At the pace of the last 7 days (−0.008% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LDO_USDT | 0.4167 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $1.6M | $1.1M | 50x |
| Short | BloFin LDO-USDT | 0.4174 | 0.0090 | get 0.0090% / 8h | 5h 56m | $881K | $267K | 75x |
Gate LDO_USDT
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$2.04
- Price spread: +0.168% → +0.027%
- $14.11
- Slippage, 4 orders
- −$59.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.63
- Costs to cover
- 0.867%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 53 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 Gate live order book, 4 min ago | 4.79 bp | 26.8 bp −$27 | 113.6 bp −$1,136 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 7.26 bp | 13.3 bp −$13 | 14.4 bp −$144 | 71.5 bp −$7,150 | doesn't fit |
LDO on 29 exchanges
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 | −0.0384% | 1h | 0.4146 | −0.504% | $114K | $47K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4172 | +0.119% | $80K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4167 | 0.000% | $7K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.368% | $4K | $10 | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0090% | 8h | 0.4174 | +0.168% | $881K | $267K | 75x | |
| Lighter LDO | +0.0096% | 1h | 0.4175 | +0.182% | $842K | $243K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4162 | −0.111% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4170 | +0.067% | $11.4M | $2.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4171 | +0.095% | $164K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4168 | +0.029% | $105K | $7K | 10x | 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 LDOShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4166 | −0.024% | $17.5M | $30.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4164 | −0.072% | $16.0M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4165 | −0.048% | $4.0M | $6.0M | 50x | as long as short |
| Gate LDO_USDTlong | +0.0100% | 8h | 0.4167 | long leg | $1.6M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4166 | −0.024% | $6.3M | $5.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4167 | 0.000% | $2.6M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4168 | +0.024% | $3.2M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4164 | −0.072% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4167 | −0.010% | $87K | $172K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4164 | −0.071% | $198K | $51K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4170 | +0.076% | $297K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4170 | +0.072% | $31K | $632K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4168 | +0.024% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4265 | +2.352% | $1K | $1.1M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4163 | −0.098% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4169 | +0.048% | $37K | — | 3x | as long as short |
| Reya LDORUSDPERP | +0.0349% | 1h | 0.4165 | −0.042% | $290K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0363% | 1h | 0.4171 | +0.087% | $1.0M | $742K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0384% / S −0.0308% | 1h | 0.4167 | −0.002% | $29K | — | 100x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]