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: Extended against BloFin−0.154%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$600.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.154%, 7d avg −0.113%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.042% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.113%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.43040.0114pay 0.0114% / 8h7h 39m$789K$222K75x
ShortExtended LDO-USD0.42970.0104get 0.0013% / 1h39m 02s$259K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.154% → −0.113%
−$4.15
Slippage, 4 orders
−$42.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$65.84
Costs to cover
0.595%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; Extended: live order book, 4 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, 33 min ago1.17 bp14.5 bp −$1526.6 bp −$26677.8 bp −$7,777doesn't fit
Sell Extended live order book, 4 min ago5.80 bp17.8 bp −$1886.3 bp −$863doesn'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-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%8h0.4305+0.016%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4305+0.019%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305+0.016%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4310+0.146%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4302−0.046%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4299−0.116%$16.3M$12.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4298−0.139%$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%8h0.4302−0.046%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4305+0.023%$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%$3.7Mas 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-USDshort+0.0104%1h0.4297−0.154%$259K$1.4M25x
Aevo LDO-PERP+0.0104%1h0.4301−0.072%$38K3xas long as short
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%1h0.4311+0.165%$875K$267K10xas long as short