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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0217%/8h= +23.8% APRpaid last 24h +0.068%
Price spread now: Reya against BloFin+0.160%106s7-day average −0.081% · 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 3 days (all we have)+0.188%+$19 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.160%, 7d avg −0.081%
Together, before fees+0.011%+ Points / potential airdropReya: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.241% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.081%. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.42560.0123pay 0.0123% / 8h4h 43m$914K$251K75x
ShortReya LDORUSDPERP0.42630.0340get 0.0042% / 1h43m 27s$297K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$45.61
Price spread: +0.160% → −0.081%
$24.07
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$51.68
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: BloFin: live order book, 55 min ago; Reya: 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 Reya no order-book sample
Reya: 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%1h0.4269+0.311%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.430%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4270+0.318%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4268+0.277%$11.6M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4270+0.332%$168K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4273+0.403%$110K$53K10xas long as short
Binance LDOUSDT+0.0100%8h0.4269+0.295%$17.9M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4264+0.188%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4263+0.164%$4.0M$6.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4269+0.305%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4267+0.258%$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%8h0.4267+0.258%$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%8h0.42560.000%$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%1h0.4270+0.334%$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%1h0.4268+0.279%$256K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4270+0.324%$38K3xas long as short
Lighter LDO+0.0120%1h0.4280+0.559%$869K$265K10xas 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 LDORUSDPERPshort+0.0340%1h0.4263+0.160%$297K15x
Kraken Futures PF_LDOUSD+0.0494%1h0.4272+0.384%$1.1M$683K50xas long as short