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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: SunX against ApeX Omni+2.540%73s7-day average +2.199% · 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 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.392%−$39 · spread now +2.540%, 7d avg +2.199%
Together, before fees−0.353%−$35 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: SunX is 0.342% dearer against ApeX Omni than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of +2.199%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.43300.0100pay 0.0013% / 1h28m 11s$35K$648K50x
ShortSunX LDO-USDT0.44400.0100get 0.0100% / 8h2h 28m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +2.540% → +2.199%
$34.17
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$16.17
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 60 min ago; SunX: live order book, 6 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 ApeX Omni live order book, 60 min ago6.88 bp15.0 bp −$15102.7 bp −$1,027doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago246.98 bpdoesn't fitdoesn't fitdoesn'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
Coinbase International LDO-PERP-INTX−0.0688%1h0.4290−0.924%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4342+0.279%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4341+0.254%$3K$10K25xas long as short
dYdX LDO-USD+0.0024%1h0.4339+0.204%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.386%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4352+0.513%$882K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4339+0.204%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4343+0.303%$12.0M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4342+0.276%$171K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4341+0.261%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4342+0.271%$18.1M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4339+0.208%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4338+0.185%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4339+0.208%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4341+0.254%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4341+0.254%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4338+0.185%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4340+0.231%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4342+0.270%$87K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4332+0.053%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333+0.069%$308K$3.5M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4330long leg$35K$648K50x
Polymarket Perps LDO-USD+0.0100%1h0.4342+0.282%$34K$697K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4440+2.540%$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4337+0.151%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4341+0.245%$38K3xas long as short
BloFin LDO-USDT+0.0126%8h0.4335+0.115%$791K$229K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4340+0.241%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4337+0.165%$302K15xas long as short