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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Binance−0.098%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.098% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43420.0100pay 0.0100% / 8h1h 10m$18.1M$37.7M75x
ShortParadex LDO-USD-PERP0.43370.0100get 0.0100% / 8h1h 10m$3K$5620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.01
Price spread: −0.098% → 0.000%
−$9.84
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$23.86
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Paradex: 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 ago1.15 bp9.1 bp −$919.9 bp −$199190.6 bp −$19.1Kdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.4110−5.338%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.686%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4338−0.078%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4341−0.018%$3K$10K25xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4337−0.098%$3K$5620x
Hyperliquid LDO+0.0100%1h0.4345+0.084%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4342+0.007%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4342−0.006%$111K$178K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4342long leg$18.1M$37.7M75x
Bybit LDOUSDT+0.0100%8h0.4336−0.133%$16.5M$12.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4338−0.087%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4343+0.028%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4339−0.064%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4339−0.064%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4342+0.005%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4338−0.087%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4339−0.059%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4336−0.135%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333−0.200%$309K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.041%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340−0.029%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4441+2.286%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4335−0.148%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4341−0.027%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4344+0.051%$787K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4341−0.012%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4341−0.023%$24K100xas long as short
Lighter LDO+0.0320%1h0.4350+0.199%$882K$268K10xas long as short
Reya LDORUSDPERP+0.0334%1h0.4335−0.162%$302K15xas long as short