Funding you earn now, next payment 09:00 UTC−0.0247%/8h= −27.1% APRpaid last 24h −0.069%
Price spread now: SunX against Reya+2.350%50s7-day average +2.374% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +2.350%, 7d avg +2.374%
=Together, before fees−0.254%+ Points / potential airdropReya: Active · farm board−$25 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 SunX is 0.024% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +2.374%). Swap the legs. The two prices were read 50 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 | 0.4227 | 0.0347 | pay 0.0043% / 1h | 17m 24s | $295K | — | 15x |
| Short | SunX LDO-USDT | 0.4326 | 0.0100 | get 0.0100% / 8h | 7h 17m | $2K | $1.2M | 20x |
Reya LDORUSDPERP
SunX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$51.89
- Price spread: +2.350% → +2.374%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$68.3
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago | 253.75 bp | doesn't fit | 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 | −0.0952% | 1h | 0.4218 | −0.205% | $115K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0367% | 1h | 0.4229 | +0.061% | $1.1M | $740K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4227 | +0.013% | $81K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4229 | +0.055% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.760% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0095% | 8h | 0.4223 | −0.087% | $890K | $260K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4229 | +0.047% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4233 | +0.150% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4233 | +0.144% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4229 | +0.066% | $107K | $28K | 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
BloFin LDO-USDT
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 | 0.4232 | +0.121% | $18.0M | $31.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4227 | +0.008% | $16.2M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4230 | +0.079% | $4.0M | $6.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4229 | +0.055% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4229 | +0.055% | $7.0M | $5.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4229 | +0.055% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4227 | +0.008% | $3.2M | $2.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4230 | +0.079% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4228 | +0.034% | $87K | $171K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4220 | −0.160% | $202K | $67K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4226 | −0.013% | $298K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +0.079% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4229 | +0.055% | $25K | $375K | 5x | as long as short |
| SunX LDO-USDTshort | +0.0100% | 8h | 0.4326 | +2.350% | $2K | $1.2M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4229 | +0.048% | $254K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4227 | −0.004% | $37K | — | 3x | as long as short |
| Lighter LDO | +0.0216% | 1h | 0.4237 | +0.252% | $854K | $273K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4225 | −0.050% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0347% | 1h | 0.4227 | long leg | $295K | — | 15x |
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
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]