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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0545%/8h= +59.7% APRnext payment +$0.68 per $10,000 · paid last 24h −0.097%
Price spread now: Injective against Coinbase International−4.507%64s7-day average · you buy dearer than you sell
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−0.814%−$81 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 4.507% cheaper against Coinbase International than usual: you would sell low and buy high (spread −4.507% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$451 on $10k: about 28 days of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.814%, so the current rate has only just turned in your favour. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4304−0.0512get 0.0064% / 1h15m 27s$120K$41K50x
ShortInjective LDO/USDC PERP0.41100.0033get 0.0004% / 1h15m 27s$4K$1312x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$114.52
Price spread: −4.507% → 0.000%
−$450.74
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$346.24
Costs to cover
0.100%
Break-even
28.2 days
Slippage unknown: Coinbase International: live order book, 47 min ago; Injective: 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, 47 min ago13.96 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0512%1h0.4304long leg$120K$41K50x
dYdX LDO-USD0.0000%1h0.4320+0.372%$83K$5K5xas long as short
Injective LDO/USDC PERPshort+0.0033%1h0.4110−4.507%$4K$1312x
BloFin LDO-USDT+0.0080%8h0.4327+0.534%$917K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4315+0.250%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4316+0.270%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4321+0.399%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4318+0.321%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4317+0.304%$18.1M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4311+0.163%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4310+0.139%$4.0M$7.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4319+0.349%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4316+0.279%$7.8M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4319+0.349%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4312+0.186%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4317+0.302%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4319+0.337%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4317+0.306%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4323+0.441%$306K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.372%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4316+0.270%$23K$540K5xas long as short
SunX LDO-USDT+0.0100%8h0.4424+2.788%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4313+0.200%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4319+0.359%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4320+0.372%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4323+0.446%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4310+0.141%$301K15xas long as short
Lighter LDO+0.0440%1h0.4325+0.479%$878K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0572%1h0.4321+0.405%$1.2M$678K50xas long as short