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 Binance−0.127%7-day average −0.069% · 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)+0.153%+$15 · spread now −0.127%, 7d avg −0.069%
Together, before fees+0.329%+ Points / potential airdropReya: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.058% cheaper against Binance than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.069%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43400.0100pay 0.0100% / 8h1h 10m$18.0M$37.7M75x
ShortReya LDORUSDPERP0.43350.0334get 0.0042% / 1h10m 29s$302K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.13
Price spread: −0.127% → −0.069%
−$5.84
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$27.29
Costs to cover
0.160%
Break-even
3.1 days
Slippage unknown: Binance: live order book, 1 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 Binance live order book, 1 min ago1.15 bp9.1 bp −$919.9 bp −$199190.6 bp −$19.1Kdoesn'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%1h0.4110−5.305%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.651%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4338−0.042%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4343+0.064%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.063%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4345+0.119%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4342+0.041%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4342+0.029%$111K$178K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4340long leg$18.0M$37.7M75x
Bybit LDOUSDT+0.0100%8h0.4336−0.098%$16.5M$12.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4334−0.144%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4343+0.064%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4339−0.029%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4339−0.029%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4342+0.040%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4338−0.052%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4339−0.024%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4328−0.283%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333−0.165%$309K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.006%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340+0.006%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4445+2.414%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4335−0.118%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4342+0.032%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4344+0.087%$787K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4343+0.059%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4341+0.012%$24K100xas long as short
Lighter LDO+0.0320%1h0.4351+0.250%$882K$268K10xas long as short
Reya LDORUSDPERPshort+0.0334%1h0.4335−0.127%$302K15x