Funding you earn now, next payment 05:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.068%
Price spread now: Aster against Reya+0.026%7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.026%, 7d avg +0.116%
=Together, before fees−0.199%+ Points / potential airdropReya: Active · Aster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.091% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.116%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4243 | 0.0342 | pay 0.0043% / 1h | 22m 56s | $296K | — | 15x |
| Short | Aster LDOUSDT | 0.4244 | 0.0100 | get 0.0100% / 8h | 3h 22m | $167K | $93K | 10x |
Reya LDORUSDPERP
Aster LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Reya. 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
- −$50.75
- Price spread: +0.026% → +0.116%
- −$9.07
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$73.82
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aster: live order book, 28 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 28 min ago | 9.31 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0352% | 1h | 0.4253 | +0.241% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4247 | +0.105% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.130% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4245 | +0.041% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4247 | +0.100% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDTshort | +0.0100% | 8h | 0.4244 | +0.026% | $167K | $93K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4248 | +0.125% | $109K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4240 | −0.075% | $17.8M | $30.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4236 | −0.160% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4237 | −0.136% | $4.0M | $6.7M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4239 | −0.089% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4242 | −0.018% | $7.6M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4245 | +0.052% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4242 | −0.018% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4241 | −0.042% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4244 | +0.019% | $90K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4256 | +0.305% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4254 | +0.264% | $304K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | +0.406% | $32K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4248 | +0.125% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4343 | +2.362% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4240 | −0.069% | $255K | $1.1M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4246 | +0.071% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0116% | 8h | 0.4245 | +0.052% | $906K | $251K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0221% | 1h | 0.4246 | +0.076% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4245 | +0.043% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0342% | 1h | 0.4243 | long leg | $296K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0396% | 1h | 0.4251 | +0.184% | $1.1M | $654K | 50x | as long as short |
| Lighter LDO | +0.0464% | 1h | 0.4255 | +0.295% | $872K | $250K | 10x | as long as short |
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
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD
Lighter LDO