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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0337%/8h= +36.9% APRnext payment +$0.42 per $10,000 · paid last 24h −0.057%
Price spread now: Deribit against Aevo+0.034%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.034% dearer against Aevo than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LDO-PERP0.43440.0104pay 0.0013% / 1h15m 56s$38K3x
ShortDeribit LDO_USDC-PERPETUAL0.43450.0441get 0.0055% / 1h15m 56s$3K$10K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$70.76
Price spread: +0.034% → 0.000%
$3.41
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$51.16
Costs to cover
0.230%
Break-even
1.9 days
Slippage unknown: Aevo: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
Aevo and Deribit: 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
Coinbase International LDO-PERP-INTX−0.0752%1h0.4323−0.472%$118K$53K50xas long as short
dYdX LDO-USD+0.0011%1h0.4320−0.541%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.376%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.147%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4347+0.089%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4346+0.058%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4339−0.104%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4347+0.080%$18.2M$37.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4342−0.035%$16.4M$12.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4341−0.058%$4.1M$9.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4344+0.011%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4347+0.080%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4346+0.057%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4344+0.011%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4343−0.012%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4346+0.050%$89K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4335−0.200%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4313−0.701%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.772%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4342−0.026%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4441+2.244%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4342−0.039%$264K$1.3M25xas long as short
Aevo LDO-PERPlong+0.0104%1h0.4344long leg$38K3x
BloFin LDO-USDT+0.0113%8h0.4336−0.173%$793K$218K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4348+0.104%$1.1M$526K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4341−0.047%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4337−0.147%$302K15xas long as short
Deribit LDO_USDC-PERPETUALshort+0.0441%1h0.4345+0.034%$3K$10K25x
Lighter LDO+0.0608%1h0.4355+0.255%$883K$267K10xas long as short