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−0.0486%/8h= −53.2% APRpaid last 24h −0.334%
Price spread now: Coinbase International against BloFin−0.116%58s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3363.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.661%−$66 on $10k
Price spread, last 3 days (all we have)+0.318%+$32 · spread now −0.116%, 7d avg −0.100%
Together, before fees−0.343%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.42990.0070pay 0.0070% / 8h6h 49m$917K$240K75x
ShortCoinbase International LDO-PERP-INTX0.4294−0.0416pay 0.0052% / 1h49m 57s$119K$45K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$102.08
Price spread: −0.116% → −0.100%
−$1.62
Slippage, 4 orders
−$314.16
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$439.86
Costs to cover
3.362%
Break-even
never at this rate
Slippage from BloFin: live order book, 17 min ago; Coinbase International: live order book, 18 min ago.

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, 17 min ago4.61 bp13.7 bp −$1428.0 bp −$28093.3 bp −$9,327doesn't fit
Sell Coinbase International live order book, 18 min ago8.05 bp211.1 bp −$211doesn't fitdoesn't fitdoesn't fit

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-INTXshort−0.0416%1h0.4294−0.116%$119K$45K50x
dYdX LDO-USD0.0000%1h0.4300+0.027%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.396%$4K$1312xas long as short
BloFin LDO-USDTlong+0.0070%8h0.4299long leg$917K$240K75x
Paradex LDO-USD-PERP+0.0099%8h0.4301+0.050%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4303+0.088%$11.9M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4300+0.027%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4304+0.112%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4302+0.063%$18.1M$34.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4297−0.047%$16.2M$11.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4298−0.023%$4.0M$8.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4298−0.023%$1.4M$949K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4302+0.070%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4300+0.023%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4301+0.047%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4298−0.023%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4299−0.002%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4293−0.143%$202K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4285−0.326%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.442%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4306+0.156%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4398+2.303%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.42990.000%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4300+0.023%$38K3xas long as short
Lighter LDO+0.0136%1h0.4309+0.223%$875K$267K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.42990.000%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4296−0.075%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4299−0.003%$300K15xas long as short
Kraken Futures PF_LDOUSD+0.0559%1h0.4307+0.188%$1.2M$705K50xas long as short