Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRpaid last 24h −0.069%
Price spread now: BingX against Reya+0.009%110s7-day average +0.035% · 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)−0.400%−$40 · spread now +0.009%, 7d avg +0.035%
=Together, before fees−0.604%+ Points / potential airdropReya: Active · farm board−$60 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 BingX is 0.026% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.035%). Swap the legs. The two prices were read 110 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 | 0.4207 | 0.0346 | pay 0.0043% / 1h | 15m 37s | $293K | — | 15x |
| Short | BingX LDO-USDT | 0.4207 | 0.0100 | get 0.0100% / 8h | 15m 37s | — | $10.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$51.61
- Price spread: +0.009% → +0.035%
- −$2.64
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$70.26
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 3.56 bp | 13.8 bp −$14 | 29.8 bp −$298 | 100.0 bp −$10.0K | 406.2 bp −$203.1K |
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 | −0.0920% | 1h | 0.4193 | −0.324% | $117K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4206 | −0.011% | $81K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.297% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4205 | −0.041% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4211 | +0.106% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4208 | +0.022% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4207 | +0.019% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4208 | +0.033% | $17.7M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4205 | −0.039% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4206 | −0.015% | $4.0M | $6.6M | 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 | 0.4208 | +0.033% | $1.4M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4208 | +0.033% | $6.6M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4205 | −0.039% | $2.6M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4205 | −0.039% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDTshort | +0.0100% | 8h | 0.4207 | +0.009% | — | $10.1M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4205 | −0.048% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4202 | −0.114% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4209 | +0.055% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | +0.080% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4209 | +0.056% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4306 | +2.362% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4203 | −0.080% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4205 | −0.046% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0119% | 8h | 0.4208 | +0.033% | $886K | $258K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0225% | 1h | 0.4204 | −0.070% | $1.1M | $729K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0226% | 1h | 0.4206 | −0.015% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4205 | −0.048% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0346% | 1h | 0.4207 | long leg | $293K | — | 15x | |
| Lighter LDO | +0.0376% | 1h | 0.4215 | +0.190% | $849K | $272K | 10x | as long as short |
BingX LDO-USDT
Coinbase International LDO-PERP-INTX
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
Bitget LDOUSDT
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Lighter LDO