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

LDO

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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: Paradex against ApeX Omni−0.285%50s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.285% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.43800.0100pay 0.0013% / 1h48m 02s$35K$648K50x
ShortParadex LDO-USD-PERP0.43680.0100get 0.0100% / 8h48m 02s$3K$5620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.01
Price spread: −0.285% → 0.000%
−$28.47
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$42.48
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 30 min ago; Paradex: 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 ApeX Omni live order book, 30 min ago6.92 bp16.0 bp −$16110.6 bp −$1,106doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.4110−6.164%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4373−0.160%$119K$56K50xas long as short
dYdX LDO-USD0.0000%1h0.4376−0.085%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4372−0.183%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4373−0.153%$1.1M$529K50xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4368−0.285%$3K$5620x
Hyperliquid LDO+0.0100%1h0.4377−0.068%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4373−0.169%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4373−0.160%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4371−0.208%$18.2M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4368−0.274%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4365−0.342%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4372−0.183%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4371−0.205%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4371−0.205%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4373−0.160%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4370−0.228%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4371−0.215%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4372−0.184%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4377−0.068%$311K$3.4M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4380long leg$35K$648K50x
Polymarket Perps LDO-USD+0.0100%1h0.4373−0.169%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4471+2.078%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4365−0.338%$263K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4372−0.182%$39K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4373−0.160%$791K$221K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4372−0.182%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4368−0.275%$305K15xas long as short
Lighter LDO+0.0472%1h0.4380−0.002%$888K$268K10xas long as short