Funding you earn now, next payment 23:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h +0.080%
Price spread now: Reya against Bybit−0.070%7-day average +0.009% · 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)+0.197%+$20 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now −0.070%, 7d avg +0.009%
=Together, before fees+0.380%+ Points / potential airdropReya: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.079% cheaper against Bybit than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LDOUSDT | 0.4359 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $16.6M | $12.8M | 50x |
| Short | Reya LDORUSDPERP | 0.4356 | 0.0334 | get 0.0042% / 1h | 3m 57s | $304K | — | 15x |
Bybit LDOUSDT
Reya LDORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bybit. 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
- $49.16
- Price spread: −0.070% → +0.009%
- −$7.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $24.27
- Costs to cover
- 0.170%
- Break-even
- 3.5 days
Slippage unknown: Bybit: live order book, 9 min ago; Reya: no order-book sample. 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 Bybit live order book, 9 min ago | 1.15 bp | 16.6 bp −$17 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −5.712% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4312 | −1.078% | $117K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4357 | −0.037% | $84K | $17K | 5x | as long as short |
| BloFin LDO-USDT | +0.0093% | 8h | 0.4353 | −0.138% | $787K | $225K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4358 | −0.017% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4368 | +0.213% | $12.3M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4360 | +0.024% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4360 | +0.018% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4363 | +0.092% | $18.1M | $37.7M | 75x | as long as short |
| Bybit LDOUSDTlong | +0.0100% | 8h | 0.4359 | long leg | $16.6M | $12.8M | 50x |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance 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 | 0.4357 | −0.046% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4360 | +0.023% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4361 | +0.046% | $8.5M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4362 | +0.069% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4359 | 0.000% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4358 | −0.023% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4362 | +0.069% | $86K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4348 | −0.254% | $203K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | −0.343% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | −0.206% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4362 | +0.060% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4463 | +2.386% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4358 | −0.031% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4362 | +0.078% | $39K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0209% | 1h | 0.4363 | +0.092% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0294% | 1h | 0.4363 | +0.082% | $1.1M | $527K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4362 | +0.072% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERPshort | +0.0334% | 1h | 0.4356 | −0.070% | $304K | — | 15x | |
| Lighter LDO | +0.0376% | 1h | 0.4370 | +0.262% | $886K | $268K | 10x | 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
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Lighter LDO