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−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Aster−0.053%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.023%−$2 on $10k
Price spread, last 3 days (all we have)−0.169%−$17 · spread now −0.053%, 7d avg −0.030%
Together, before fees−0.192%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.022% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43410.0100pay 0.0100% / 8h2h 53m$171K$148K10x
ShortBloFin LDO-USDT0.43390.0080get 0.0080% / 8h2h 53m$795K$229K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$4.29
Price spread: −0.053% → −0.030%
−$2.24
Slippage, 4 orders
−$114.97
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$141.5
Costs to cover
1.350%
Break-even
never at this rate
Slippage from Aster: live order book, 33 min ago; BloFin: live order book, 33 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 Aster live order book, 33 min ago10.35 bp86.9 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago4.60 bp12.1 bp −$1219.5 bp −$19560.5 bp −$6,054doesn'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%1h0.4347+0.131%$118K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4341−0.011%$1.1M$554K50xas long as short
dYdX LDO-USD0.0000%1h0.4340−0.030%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4338−0.076%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.642%$4K$1112xas long as short
BloFin LDO-USDTshort+0.0080%8h0.4339−0.053%$795K$229K75x
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.102%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4342+0.009%$12.1M$3.4M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4341long leg$171K$148K10x
Pacifica LDO+0.0100%1h0.4339−0.057%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4337−0.110%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4335−0.145%$16.8M$13.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4332−0.214%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4335−0.145%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4337−0.099%$9.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4337−0.099%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4333−0.191%$3.3M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334−0.168%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4338−0.078%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4340−0.019%$203K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4344+0.062%$303K$3.6M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.030%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340−0.023%$26K$688K5xas long as short
SunX LDO-USDT+0.0100%8h0.4438+2.228%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4333−0.201%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4335−0.155%$38K3xas long as short
Lighter LDO+0.0128%1h0.4349+0.175%$881K$263K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4339−0.062%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4336−0.124%$302K15xas long as short