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−0.0010%/8h= −1.1% APRpaid last 24h +0.002%
Price spread now: Aevo against BloFin−0.072%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.072% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.43040.0114pay 0.0114% / 8h7h 38m$789K$222K75x
ShortAevo LDO-PERP0.43010.0104get 0.0013% / 1h38m 48s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
−$2.18
Price spread: −0.072% → 0.000%
−$7.16
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$37.33
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 33 min ago; Aevo: 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 BloFin live order book, 33 min ago1.17 bp14.5 bp −$1526.6 bp −$26677.8 bp −$7,777doesn't fit
Sell Aevo no order-book sample
Aevo: 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%1h0.4306+0.046%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4310+0.147%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4302−0.046%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.507%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4302−0.037%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4306+0.042%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305+0.031%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4305+0.012%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4306+0.058%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4302−0.046%$16.3M$12.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4303−0.023%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4301−0.070%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4306+0.046%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4306+0.046%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4303−0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4300−0.093%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4301−0.074%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4311+0.159%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312+0.186%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.139%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4307+0.063%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+2.300%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4303−0.027%$259K$1.4M25xas long as short
Aevo LDO-PERPshort+0.0104%1h0.4301−0.072%$38K3x
BloFin LDO-USDTlong+0.0114%8h0.4304long leg$789K$222K75x
Kraken Futures PF_LDOUSD+0.0197%1h0.4304+0.006%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4302−0.054%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4302−0.049%$300K15xas long as short
Lighter LDO+0.0528%1h0.4314+0.225%$876K$267K10xas long as short