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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.23 per $10,000 · paid last 24h +0.001%
Price spread now: Paradex against BloFin+0.044%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.044% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.42560.0123pay 0.0123% / 8h4h 43m$914K$251K75x
ShortParadex LDO-USD-PERP0.42580.0100get 0.0100% / 8h4h 43m$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$4.82
Price spread: +0.044% → 0.000%
$4.41
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$16.41
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 55 min ago; Paradex: 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, 55 min ago1.17 bp14.0 bp −$1422.3 bp −$22387.3 bp −$8,734doesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0416%1h0.4261+0.117%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4258+0.052%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.430%$4K$1312xas long as short
Lighter LDO+0.0096%1h0.4277+0.489%$869K$265K10xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4258+0.044%$3K20x
Hyperliquid LDO+0.0100%1h0.4272+0.381%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4269+0.308%$168K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4262+0.131%$109K$53K10xas long as short
Binance LDOUSDT+0.0100%8h0.4270+0.329%$17.9M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4267+0.258%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4268+0.282%$4.0M$6.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4268+0.282%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4269+0.305%$7.6M$6.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4267+0.258%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4268+0.282%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4269+0.305%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4271+0.352%$91K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4255−0.030%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4256−0.001%$303K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.094%$32K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4265+0.223%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4372+2.726%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4267+0.261%$256K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4270+0.324%$38K3xas long as short
BloFin LDO-USDTlong+0.0123%8h0.4256long leg$914K$251K75x
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4271+0.352%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4270+0.335%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4267+0.253%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0494%1h0.4272+0.384%$1.1M$683K50xas long as short