Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.070%75s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$570.569% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.070%, 7d avg −0.057%
=The price spread pays, funding is against you. Bitget is 0.128% dearer against BloFin than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.057%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 75 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 | 0.4263 | 0.0129 | pay 0.0129% / 8h | 4h 41m | $914K | $252K | 75x |
| Short | Bitget LDOUSDT | 0.4266 | 0.0100 | get 0.0100% / 8h | 4h 41m | $3.3M | $3.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.11
- Price spread: +0.070% → −0.057%
- $12.77
- Slippage, 4 orders
- −$32.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.23
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; Bitget: live order book, 1 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, 57 min ago | 1.17 bp | 14.0 bp −$14 | 22.3 bp −$223 | 87.3 bp −$8,734 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.35 bp | 18.0 bp −$18 | 37.4 bp −$374 | 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 | −0.0416% | 1h | 0.4254 | −0.211% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4264 | +0.016% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4266 | +0.070% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.589% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4263 | +0.005% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4269 | +0.145% | $11.6M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4270 | +0.162% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4266 | +0.079% | $110K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4269 | +0.144% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4265 | +0.047% | $16.1M | $10.0M | 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 | 0.4266 | +0.070% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4267 | +0.094% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4269 | +0.141% | $7.6M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4267 | +0.094% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDTshort | +0.0100% | 8h | 0.4266 | +0.070% | $3.3M | $3.2M | 75x | |
| BingX LDO-USDT | +0.0100% | 8h | 0.4266 | +0.070% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4266 | +0.070% | $91K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4255 | −0.194% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4256 | −0.164% | $303K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | −0.070% | $32K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4265 | +0.045% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4366 | +2.416% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4265 | +0.038% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4265 | +0.053% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4275 | +0.274% | $869K | $265K | 10x | as long as short |
| BloFin LDO-USDTlong | +0.0129% | 8h | 0.4263 | long leg | $914K | $252K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4265 | +0.057% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4262 | −0.028% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0494% | 1h | 0.4269 | +0.146% | $1.1M | $683K | 50x | as long as short |
BloFin LDO-USDT
Bitget LDOUSDT
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
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
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD