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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.018%
Price spread now: GMX against Aster−0.020%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.020% cheaper against Aster than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43440.0100pay 0.0100% / 8h2h 57m$171K$148K10x
ShortGMX LDO/USD [ETH-USDC]0.4343L +0.0320% / S −0.0201%get 0.0025% / 1h57m 03s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.26
Price spread: −0.020% → 0.000%
−$2.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$0.78
Costs to cover
0.200%
Break-even
7.3 days
Slippage unknown: Aster: live order book, 29 min ago; GMX: 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 Aster live order book, 29 min ago10.35 bp86.9 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Coinbase International LDO-PERP-INTX−0.0688%1h0.4347+0.064%$118K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4345+0.021%$1.1M$554K50xas long as short
dYdX LDO-USD0.0000%1h0.4345+0.017%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4343−0.028%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.709%$4K$1112xas long as short
BloFin LDO-USDT+0.0076%8h0.4343−0.028%$798K$230K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4341−0.080%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4346+0.052%$12.1M$3.4M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4344long leg$171K$148K10x
Pacifica LDO+0.0100%1h0.4344+0.002%$112K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4343−0.028%$18.1M$38.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4341−0.074%$16.8M$13.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4339−0.120%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4343−0.028%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4342−0.051%$9.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4342−0.051%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4339−0.120%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4341−0.074%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4343−0.021%$87K$185K10xas long as short
Variational Omni LDO+0.0100%8h0.4349+0.100%$203K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4348+0.087%$304K$3.6M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.133%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4345+0.013%$26K$716K5xas long as short
SunX LDO-USDT+0.0100%8h0.4443+2.274%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4340−0.108%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4342−0.051%$38K3xas long as short
Lighter LDO+0.0168%1h0.4355+0.236%$882K$263K10xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4343−0.020%$24K100x
Reya LDORUSDPERP+0.0332%1h0.4339−0.118%$303K15xas long as short