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+0.0100%/8h= +10.9% APRpaid last 24h +0.056%
Price spread now: Aster against Deribit+0.084%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.084% dearer against Deribit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.43140get 0.0000% / 1h43m 03s$3K$10K25x
ShortAster LDOUSDT0.43180.0100get 0.0100% / 8h7h 43m$170K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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
$21
Price spread: +0.084% → 0.000%
$8.41
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
$14.41
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 28 min ago. 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 Deribit no order-book sample
Sell Aster live order book, 28 min ago3.49 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Deribit: 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−0.0752%1h0.4319+0.116%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4319+0.104%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4314long leg$3K$10K25x
Injective LDO/USDC PERP+0.0033%1h0.4110−4.729%$4K$1412xas long as short
BloFin LDO-USDT+0.0096%8h0.4312−0.046%$791K$222K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4312−0.036%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4313−0.019%$12.1M$4.0M5xas long as short
Aster LDOUSDTshort+0.0100%8h0.4318+0.084%$170K$149K10x
Pacifica LDO+0.0100%1h0.4316+0.039%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312−0.055%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4307−0.162%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4306−0.185%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.43140.000%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4312−0.046%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4315+0.023%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4308−0.139%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.43140.000%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4311−0.072%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4306−0.189%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4310−0.093%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.093%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4318+0.086%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4414+2.318%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4309−0.114%$261K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313−0.024%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4315+0.027%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4316+0.042%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4312−0.043%$301K15xas long as short
Lighter LDO+0.0552%1h0.4323+0.209%$877K$267K10xas long as short