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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against ApeX Omni0.000%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 3 days (all we have)−0.283%−$28 · spread now 0.000%, 7d avg −0.133%
Together, before fees−0.314%−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.133% dearer against ApeX Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.43000.0100pay 0.0013% / 1h8m 52s$34K$647K50x
ShortGate LDO_USDT0.43000.0100get 0.0100% / 8h8m 52s$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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
$0
Price spread: 0.000% → −0.133%
$13.35
Slippage, 4 orders
−$63.69
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.34
Costs to cover
0.887%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 4 min ago6.99 bp15.0 bp −$15105.0 bp −$1,050doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago4.66 bp30.5 bp −$31156.7 bp −$1,567doesn't fitdoesn't fit

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%1h0.4110−4.419%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4263−0.860%$116K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4296−0.084%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4304+0.090%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4296−0.097%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4305+0.121%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4304+0.103%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4297−0.076%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4304+0.101%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.43000.000%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4299−0.023%$4.1M$9.1M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.43000.000%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4302+0.047%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4303+0.070%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4301+0.023%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302+0.047%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4300+0.002%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4282−0.421%$200K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4286−0.333%$305K$3.5M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4300long leg$34K$647K50x
Polymarket Perps LDO-USD+0.0100%1h0.4302+0.047%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4400+2.326%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4300+0.010%$257K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4299−0.014%$38K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4297−0.070%$785K$218K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.4301+0.023%$3K$10K25xas long as short
Lighter LDO+0.0280%1h0.4309+0.200%$875K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4299−0.020%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4297−0.059%$300K15xas long as short