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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0920%/8h= +100.7% APRnext payment +$1.15 per $10,000 · paid last 24h +0.270%
Price spread now: dYdX against Coinbase International+0.246%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 7 days+0.531%+$53 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and dYdX is 0.246% dearer against Coinbase International than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.531% in total (about 27.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4198−0.0920get 0.0115% / 1h0m 21s$117K$39K50x
ShortdYdX LDO-USD0.42080get 0.0000% / 1h0m 21s$81K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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
$193.2
Price spread: +0.246% → 0.000%
$24.6
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$197.8
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 37 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 Coinbase International live order book, 37 min ago23.91 bp36.0 bp −$36doesn't fitdoesn't fitdoesn'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 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-INTXlong−0.0920%1h0.4198long leg$117K$39K50x
dYdX LDO-USDshort0.0000%1h0.4208+0.246%$81K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−2.096%$4K$1112xas long as short
BloFin LDO-USDT+0.0088%8h0.4207+0.214%$884K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4204+0.135%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4211+0.312%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4209+0.263%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4206+0.198%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4206+0.191%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4204+0.143%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4205+0.167%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4208+0.238%$1.5M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4206+0.191%$6.7M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4207+0.214%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4205+0.167%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4206+0.191%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4208+0.233%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4202+0.094%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4210+0.286%$298K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4210+0.286%$31K$634K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4208+0.226%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.573%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4203+0.131%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4207+0.225%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4204+0.149%$1.1M$728K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0226%1h0.4208+0.238%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4207+0.208%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4204+0.148%$293K15xas long as short
Lighter LDO+0.0384%1h0.4214+0.391%$849K$273K10xas long as short