Funding you earn now, next payment 00:00 UTC−0.1089%/8h= −119.2% APRnext payment −$1.36 per $10,000 · paid last 24h −0.409%
Price spread now: Coinbase International against Reya−0.088%7-day average −0.007% · 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)−0.698%−$70 on $10k
+Price spread, last 3 days (all we have)+0.306%+$31 · spread now −0.088%, 7d avg −0.007%
=Together, before fees−0.392%+ Points / potential airdropReya: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Coinbase International is 0.081% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4327 | 0.0337 | pay 0.0042% / 1h | 3m 51s | $302K | — | 15x |
| Short | Coinbase International LDO-PERP-INTX | 0.4323 | −0.0752 | pay 0.0094% / 1h | 3m 51s | $118K | $45K | 50x |
Reya LDORUSDPERP
Coinbase International LDO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$228.64
- Price spread: −0.088% → −0.007%
- −$8.07
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$252.71
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 8.05 bp | 211.1 bp −$211 | doesn't fit | doesn't fit | 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-INTXshort | −0.0752% | 1h | 0.4323 | −0.088% | $118K | $45K | 50x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4327 | +0.004% | $8K | $20K | 25x | as long as short |
| dYdX LDO-USD | +0.0025% | 1h | 0.4328 | +0.033% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −5.011% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDT | +0.0076% | 8h | 0.4329 | +0.051% | $920K | $211K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4331 | +0.099% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4322 | −0.102% | $12.0M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4323 | −0.081% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4332 | +0.126% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4311 | −0.358% | $18.1M | $36.4M | 75x | as long as short |
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4306 | −0.481% | $16.3M | $11.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4306 | −0.481% | $4.1M | $8.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4314 | −0.296% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4313 | −0.319% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4323 | −0.088% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4320 | −0.157% | $3.3M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4311 | −0.365% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4322 | −0.116% | $87K | $152K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4322 | −0.118% | $203K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4349 | +0.520% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | +0.767% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4333 | +0.152% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4429 | +2.362% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4313 | −0.323% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4326 | −0.018% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0196% | 1h | 0.4326 | −0.019% | $1.1M | $516K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4330 | +0.083% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0337% | 1h | 0.4327 | long leg | $302K | — | 15x | |
| Lighter LDO | +0.0560% | 1h | 0.4333 | +0.138% | $879K | $267K | 10x | as long as short |
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
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Lighter LDO