Funding you earn now, next payment 07:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.068%
Price spread now: KuCoin against Reya+0.092%7-day average +0.067% · 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)−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.092%, 7d avg +0.067%
=Together, before fees−0.454%+ Points / potential airdropReya: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.025% dearer against Reya than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.067%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4236 | 0.0344 | pay 0.0043% / 1h | 52m 16s | $295K | — | 15x |
| Short | KuCoin LDOUSDTM | 0.4240 | 0.0100 | get 0.0100% / 8h | 1h 52m | $2.7M | $3.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$51.17
- Price spread: +0.092% → +0.067%
- $2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$66.69
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 1.18 bp | 32.1 bp −$32 | 238.4 bp −$2,384 | 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-INTX | −0.0648% | 1h | 0.4224 | −0.286% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4244 | +0.188% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4240 | +0.092% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.977% | $4K | $11 | 12x | as long as short |
| Backpack LDO_USDC_PERP | +0.0049% | 1h | 0.4244 | +0.179% | $90K | $181K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4241 | +0.115% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4243 | +0.155% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4242 | +0.139% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4243 | +0.163% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4238 | +0.034% | $17.7M | $31.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4236 | −0.003% | $16.1M | $10.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4237 | +0.021% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4243 | +0.162% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4240 | +0.092% | $7.0M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4240 | +0.092% | $2.7M | $3.4M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4241 | +0.115% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4241 | +0.115% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4245 | +0.204% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4246 | +0.228% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.328% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4241 | +0.113% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4339 | +2.429% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4236 | −0.006% | $259K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4239 | +0.076% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0112% | 1h | 0.4247 | +0.250% | $856K | $269K | 10x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4245 | +0.210% | $893K | $259K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4239 | +0.075% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERPlong | +0.0344% | 1h | 0.4236 | long leg | $295K | — | 15x | |
| Kraken Futures PF_LDOUSD | +0.0379% | 1h | 0.4243 | +0.151% | $1.1M | $659K | 50x | as long as short |
KuCoin LDOUSDTM
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Backpack 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
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Lighter LDO
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD