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−0.0078%/8h= −8.5% APRnext payment $0.10 per $10,000 · paid last 24h −0.020%
Price spread now: Kraken Futures against Aevo+0.068%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
The price spread pays, funding is against you. Kraken Futures is 0.068% dearer against Aevo than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LDO-PERP0.43110.0104pay 0.0013% / 1h0m 48s$38K3x
ShortKraken Futures PF_LDOUSD0.43140.0026get 0.0003% / 1h0m 48s$1.1M$527K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$16.3
Price spread: +0.068% → 0.000%
$6.85
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$35.45
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago8.12 bp18.7 bp −$19doesn'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−0.5000%1h0.4110−4.662%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4315+0.093%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4307−0.093%$83K$17K5xas long as short
Kraken Futures PF_LDOUSDshort+0.0026%1h0.4314+0.068%$1.1M$527K50x
Paradex LDO-USD-PERP+0.0100%8h0.4305−0.148%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4314+0.077%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4315+0.091%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4308−0.067%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312+0.020%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4309−0.046%$16.4M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4308−0.069%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4310−0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43110.000%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4314+0.070%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4309−0.046%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4310−0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312+0.014%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4304−0.164%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4303−0.196%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.023%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311−0.009%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4411+2.320%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4307−0.083%$259K$1.0M25xas long as short
Aevo LDO-PERPlong+0.0104%1h0.4311long leg$38K3x
BloFin LDO-USDT+0.0111%8h0.4315+0.093%$789K$219K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4309−0.044%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4306−0.111%$300K15xas long as short
Lighter LDO+0.0344%1h0.4321+0.237%$877K$269K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0446%1h0.4315+0.093%$3K$10K25xas long as short