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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%
Price spread now: dYdX against BloFin+0.096%88s7-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−0.149%−$15 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 0.096% dearer against BloFin than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.41180.0100pay 0.0100% / 8h5h 30m$873K$266K75x
ShortdYdX LDO-USD0.41220get 0.0000% / 1h30m 53s$79K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$20.92
Price spread: +0.096% → 0.000%
$9.64
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$33.28
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 14 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 BloFin live order book, 14 min ago6.03 bp13.0 bp −$1320.0 bp −$20057.2 bp −$5,724doesn'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 exchanges

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−0.0384%1h0.4091−0.656%$112K$47K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4122+0.096%$79K$2K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.41180.000%$7K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.194%$4K$1012xas long as short
Backpack LDO_USDC_PERP+0.0081%1h0.4118−0.002%$84K$167K10xas long as short
Lighter LDO+0.0096%1h0.4126+0.202%$831K$245K10xas long as short
BloFin LDO-USDTlong+0.0100%8h0.4118long leg$873K$266K75x
Paradex LDO-USD-PERP+0.0100%8h0.4114−0.091%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4126+0.204%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4122+0.100%$162K$53K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4120+0.042%$104K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4121+0.078%$17.3M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4122+0.097%$15.9M$9.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4120+0.049%$3.9M$5.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4122+0.097%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4117−0.024%$6.0M$5.1M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.41180.000%$2.5M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4121+0.073%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4122+0.097%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4130+0.302%$197K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4120+0.049%$297K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4130+0.291%$20K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4117−0.024%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4217+2.404%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4116−0.050%$250K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4118+0.012%$36K3xas long as short
Reya LDORUSDPERP+0.0349%1h0.4118+0.007%$287K15xas long as short
Kraken Futures PF_LDOUSD+0.0367%1h0.4121+0.066%$1.0M$728K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0383% / S −0.0308%1h0.4118+0.012%$29K100xas long as short