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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: OKX against ApeX Omni+0.373%100s7-day average −0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−1.080%−$108 · spread now +0.373%, 7d avg −0.164%
Together, before fees−1.072%−$107 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: OKX is 0.536% dearer against ApeX Omni than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of −0.164%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42900.0100pay 0.0013% / 1h25m 54s$33K$642K50x
ShortOKX LDO-USDT-SWAP0.43060.0100get 0.0100% / 8h6h 25m$4.0M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.373% → −0.164%
$53.65
Slippage, 4 orders
−$41.13
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$7.48
Costs to cover
0.611%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; OKX: live order book, 2 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, 42 min ago6.90 bp15.6 bp −$16109.7 bp −$1,097doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.33 bp11.5 bp −$1230.6 bp −$306doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4307+0.396%$120K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4299+0.214%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.196%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4299+0.199%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4310+0.464%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4310+0.472%$170K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4302+0.269%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4308+0.420%$18.0M$33.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4305+0.350%$16.2M$11.0M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4306+0.373%$4.0M$7.7M50x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4309+0.443%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4307+0.396%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4311+0.490%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4307+0.396%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4308+0.420%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312+0.520%$89K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4300+0.228%$202K$71Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4287−0.070%$305K$3.4M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4290long leg$33K$642K50x
Polymarket Perps LDO-USD+0.0100%1h0.4305+0.352%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4405+2.681%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4306+0.362%$261K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4306+0.376%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.4307+0.396%$7K$20K25xas long as short
Lighter LDO+0.0280%1h0.4316+0.613%$877K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4303+0.294%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4301+0.259%$300K15xas long as short
Kraken Futures PF_LDOUSD+0.0558%1h0.4310+0.467%$1.2M$778K50xas long as short