Settings8H · net · $10k
Funding arb · Price arb /

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0704%/8h= −77.1% APRnext payment $0.88 per $10,000 · paid last 24h −0.353%
Price spread now: Coinbase International against Aevo−0.723%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Coinbase International is 0.723% cheaper against Aevo than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LDO-PERP0.43430.0104pay 0.0013% / 1h11m 51s$38K3x
ShortCoinbase International LDO-PERP-INTX0.4312−0.0600pay 0.0075% / 1h11m 51s$117K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$147.84
Price spread: −0.723% → 0.000%
−$72.29
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$246.13
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International live order book, 6 min ago39.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LDO/USDC PERP−0.0851%1h0.4110−5.374%$4K$1412xas long as short
Coinbase International LDO-PERP-INTXshort−0.0600%1h0.4312−0.723%$117K$55K50x
dYdX LDO-USD0.0000%1h0.4334−0.207%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4344+0.014%$3K$10K25xas long as short
BloFin LDO-USDT+0.0095%8h0.4337−0.147%$786K$224K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.155%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4347+0.076%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4340−0.072%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4338−0.124%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4343−0.021%$18.1M$37.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4338−0.124%$16.5M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4338−0.124%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4337−0.147%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4342−0.032%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4339−0.101%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4339−0.101%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4340−0.078%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4342−0.037%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4328−0.356%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4331−0.290%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.309%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340−0.085%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4442+2.270%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4337−0.139%$260K$1.0M25xas long as short
Aevo LDO-PERPlong+0.0104%1h0.4343long leg$38K3x
Kraken Futures PF_LDOUSD+0.0296%1h0.4343−0.008%$1.1M$527K50xas long as short
Lighter LDO+0.0312%1h0.4351+0.175%$882K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4342−0.031%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4335−0.194%$302K15xas long as short