Funding you earn now, next payment 03:00 UTC−0.0264%/8h= −28.9% APRpaid last 24h −0.068%
Price spread now: BloFin against Reya−0.087%46s7-day average +0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.087%, 7d avg +0.088%
=Together, before fees−0.168%+ Points / potential airdropReya: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.175% cheaper against Reya than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.088%). Swap the legs. The two prices were read 46 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 | Reya LDORUSDPERP | 0.4284 | 0.0339 | pay 0.0042% / 1h | 26m 30s | $299K | — | 15x |
| Short | BloFin LDO-USDT | 0.4280 | 0.0075 | get 0.0075% / 8h | 5h 26m | $909K | $251K | 75x |
Reya LDORUSDPERP
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$55.34
- Price spread: −0.087% → +0.088%
- −$17.54
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.89
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 12 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 BloFin live order book, 12 min ago | 1.17 bp | 15.1 bp −$15 | 21.3 bp −$213 | 65.1 bp −$6,507 | 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 | −0.0512% | 1h | 0.4259 | −0.578% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4285 | +0.027% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.056% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0075% | 8h | 0.4280 | −0.087% | $909K | $251K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4279 | −0.110% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4288 | +0.092% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4282 | −0.045% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4285 | +0.029% | $110K | $109K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4286 | +0.044% | $18.0M | $31.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4284 | +0.006% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4285 | +0.029% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | +0.029% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4284 | +0.006% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4280 | −0.087% | $2.7M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4285 | +0.029% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4285 | +0.029% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4281 | −0.062% | $93K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4297 | +0.301% | $202K | $67K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4291 | +0.169% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.379% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4289 | +0.130% | $23K | $554K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4380 | +2.247% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4282 | −0.039% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4279 | −0.111% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0218% | 1h | 0.4279 | −0.111% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4278 | −0.144% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0339% | 1h | 0.4284 | long leg | $299K | — | 15x | |
| Lighter LDO | +0.0424% | 1h | 0.4291 | +0.160% | $871K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0577% | 1h | 0.4284 | +0.003% | $1.2M | $678K | 50x | as long as short |
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Lighter LDO
Kraken Futures PF_LDOUSD