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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Binance+0.142%7-day average · 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−0.130%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.142% dearer against Binance than usual: you sell high and buy low (spread +0.142% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43120.0100pay 0.0100% / 8h7h 40m$18.1M$38.0M75x
ShortdYdX LDO-USD0.43190get 0.0000% / 1h40m 07s$83K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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
Price spread: +0.142% → 0.000%
$14.25
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$26.75
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; dYdX: 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 Binance live order book, 2 min ago1.16 bp11.1 bp −$1120.9 bp −$209195.3 bp −$19.5Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0752%1h0.4310−0.055%$117K$53K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4319+0.142%$83K$17K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4312−0.008%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.692%$4K$1412xas long as short
BloFin LDO-USDT+0.0097%8h0.4315+0.061%$792K$222K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4311−0.038%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4315+0.066%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4315+0.073%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4308−0.096%$111K$178K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4312long leg$18.1M$38.0M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4310−0.055%$16.4M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4308−0.101%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4311−0.031%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4311−0.031%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4311−0.031%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4311−0.031%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4309−0.078%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312−0.013%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4311−0.035%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.008%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.055%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4313+0.010%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4414+2.357%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4308−0.093%$266K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4311−0.022%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4314+0.031%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4312−0.018%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4309−0.080%$301K15xas long as short
Lighter LDO+0.0544%1h0.4322+0.217%$877K$267K10xas long as short