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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.5104%/8h= −558.9% APRnext payment $6.38 per $10,000 · paid last 24h −0.361%
Price spread now: Injective against Aevo−4.566%59s7-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 −$153 a day on $10k at the current rate, and Injective is 4.566% cheaper against Aevo than usual: you would sell low and buy high (−$457 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LDO-PERP0.43070.0104pay 0.0013% / 1h7m 47s$38K3x
ShortInjective LDO/USDC PERP0.4110−0.5000pay 0.0625% / 1h7m 47s$4K$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$1,071.84
Price spread: −4.566% → 0.000%
−$456.58
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,544.44
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Injective: 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 Injective no order-book sample
Aevo and Injective: 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 PERPshort−0.5000%1h0.4110−4.566%$4K$1412x
Coinbase International LDO-PERP-INTX−0.1016%1h0.4310+0.078%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−0.154%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4309+0.048%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4298−0.194%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4303−0.077%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305−0.036%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4302−0.097%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4303−0.078%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4296−0.247%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4295−0.270%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4302−0.108%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4300−0.154%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4302−0.108%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4301−0.131%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302−0.108%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4305−0.038%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4282−0.575%$200K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4286−0.487%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.154%$34K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311+0.095%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4407+2.331%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4298−0.208%$259K$1.0M25xas long as short
Aevo LDO-PERPlong+0.0104%1h0.4307long leg$38K3x
BloFin LDO-USDT+0.0120%8h0.4297−0.224%$785K$218K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4308+0.032%$3K$10K25xas long as short
Lighter LDO+0.0288%1h0.4311+0.108%$875K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4308+0.041%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4306−0.016%$300K15xas long as short