Funding you earn now, next payment 11:00 UTC+0.0246%/8h= +26.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.069%
Price spread now: Reya against Extended+0.085%88s7-day average +0.025% · 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)+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.085%, 7d avg +0.025%
=Together, before fees+0.262%+ Points / potential airdropExtended: Active · Reya: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.060% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 88 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 | Extended LDO-USD | 0.4120 | 0.0104 | pay 0.0013% / 1h | 6m 58s | $249K | $1.5M | 25x |
| Short | Reya LDORUSDPERP | 0.4124 | 0.0350 | get 0.0044% / 1h | 6m 58s | $288K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Extended. 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
- $51.65
- Price spread: +0.085% → +0.025%
- $6
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $46.65
- Costs to cover
- 0.110%
- Break-even
- 0.7 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago | 3.64 bp | 15.9 bp −$16 | 100.3 bp −$1,003 | 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 exchanges
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 | −0.0384% | 1h | 0.4099 | −0.514% | $112K | $47K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4127 | +0.163% | $79K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4122 | +0.044% | $7K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −0.247% | $4K | $10 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4130 | +0.229% | $828K | $251K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4122 | +0.040% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4126 | +0.139% | $11.3M | $2.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4126 | +0.139% | $162K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4127 | +0.165% | $104K | $7K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4122 | +0.050% | $17.3M | $30.6M | 75x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4122 | +0.044% | $15.9M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4122 | +0.044% | $3.9M | $5.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4125 | +0.117% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4123 | +0.068% | $6.3M | $5.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4122 | +0.044% | $2.5M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4124 | +0.093% | $3.1M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4122 | +0.044% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4123 | +0.076% | $84K | $166K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4118 | −0.041% | $196K | $51K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4122 | +0.049% | $290K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4120 | −0.004% | $20K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4127 | +0.163% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4221 | +2.447% | $2K | $1.1M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4120 | long leg | $249K | $1.5M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4121 | +0.023% | $36K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0117% | 8h | 0.4121 | +0.020% | $869K | $267K | 75x | as long as short |
| Reya LDORUSDPERPshort | +0.0350% | 1h | 0.4124 | +0.085% | $288K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0367% | 1h | 0.4124 | +0.103% | $1.0M | $724K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0383% / S −0.0308% | 1h | 0.4123 | +0.073% | $29K | — | 100x | as long as short |
Extended LDO-USD
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
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
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
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]