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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h +0.065%
Price spread now: Reya against Aster−0.093%7-day average −0.112% · 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)+0.176%+$18 on $10k
Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.093%, 7d avg −0.112%
Together, before fees+0.252%+ Points / potential airdropAster: Stage 5 · Reya: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43390.0100pay 0.0100% / 8h1h 12m$171K$152K10x
ShortReya LDORUSDPERP0.43350.0334get 0.0042% / 1h12m 27s$302K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.12
Price spread: −0.093% → −0.112%
$1.86
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$36.99
Costs to cover
0.140%
Break-even
1.7 days
Slippage unknown: Aster: live order book, 4 min ago; Reya: 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, 4 min ago10.37 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0851%1h0.4110−5.278%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.623%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4334−0.106%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4333−0.139%$3K$10K25xas long as short
BloFin LDO-USDT+0.0095%8h0.4337−0.046%$786K$224K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.054%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4346+0.152%$12.2M$4.0M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4339long leg$171K$152K10x
Pacifica LDO+0.0100%1h0.4338−0.023%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4340+0.025%$18.0M$37.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4336−0.069%$16.5M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4338−0.023%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4335−0.092%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43390.000%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4338−0.023%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4335−0.092%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4337−0.046%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4334−0.120%$85K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4328−0.255%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4331−0.189%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.208%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340+0.016%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4435+2.212%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4334−0.118%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4333−0.128%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4336−0.058%$1.1M$527K50xas long as short
Lighter LDO+0.0296%1h0.4347+0.186%$882K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4342+0.070%$24K100xas long as short
Reya LDORUSDPERPshort+0.0334%1h0.4335−0.093%$302K15x