Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.9% APRpaid last 24h −0.066%
Price spread now: Binance against Reya+0.096%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.174%−$17 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.096%, 7d avg +0.069%
=Together, before fees−0.270%+ Points / potential airdropReya: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.027% dearer against Reya than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.069%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4305 | 0.0336 | pay 0.0042% / 1h | 27m 26s | $300K | — | 15x |
| Short | Binance LDOUSDT | 0.4310 | 0.0100 | get 0.0100% / 8h | 7h 27m | $18.1M | $38.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$49.61
- Price spread: +0.096% → +0.069%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.92
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 14 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 Binance live order book, 14 min ago | 1.16 bp | 10.9 bp −$11 | 26.2 bp −$262 | 125.9 bp −$12.6K | 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 | −0.0752% | 1h | 0.4301 | −0.102% | $117K | $53K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4306 | +0.021% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.538% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4302 | −0.085% | $3K | $24 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4311 | +0.140% | $12.0M | $4.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4311 | +0.140% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4308 | +0.061% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDTshort | +0.0100% | 8h | 0.4310 | +0.096% | $18.1M | $38.0M | 75x | |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4308 | +0.061% | $16.3M | $12.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4308 | +0.061% | $4.1M | $9.1M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4307 | +0.037% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4308 | +0.061% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4310 | +0.107% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4307 | +0.037% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4308 | +0.061% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4312 | +0.144% | $88K | $148K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4302 | −0.083% | $201K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4305 | −0.014% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.107% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4313 | +0.165% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4410 | +2.430% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4305 | −0.013% | $263K | $1.6M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4314 | +0.188% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4307 | +0.037% | $791K | $221K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4316 | +0.238% | $1.1M | $526K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4306 | +0.017% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0336% | 1h | 0.4305 | long leg | $300K | — | 15x | |
| Deribit LDO_USDC-PERPETUAL | +0.0446% | 1h | 0.4315 | +0.223% | $3K | $10K | 25x | as long as short |
| Lighter LDO | +0.0664% | 1h | 0.4317 | +0.274% | $876K | $267K | 10x | as long as short |
Binance LDOUSDT
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
Extended LDO-USD
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Deribit LDO_USDC-PERPETUAL
Lighter LDO