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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.028%
Price spread now: BloFin against dYdX+0.159%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+0.157%+$16 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 +$2 a day on $10k at the current rate, and BloFin is 0.159% dearer against dYdX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42240get 0.0000% / 1h56m 04s$82K$5K5x
ShortBloFin LDO-USDT0.42310.0073get 0.0073% / 8h2h 56m$901K$257K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$15.38
Price spread: +0.159% → 0.000%
$15.9
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$9.29
Costs to cover
0.220%
Break-even
2.8 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 26 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 dYdX no order-book sample
Sell BloFin live order book, 26 min ago3.54 bp12.6 bp −$1324.5 bp −$24571.4 bp −$7,140doesn't fit
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-INTX−0.0464%1h0.4189−0.835%$116K$40K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4224long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4236+0.277%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.705%$4K$1112xas long as short
BloFin LDO-USDTshort+0.0073%8h0.4231+0.159%$901K$257K75x
Paradex LDO-USD-PERP+0.0100%8h0.4232+0.182%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4237+0.306%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4233+0.209%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4234+0.238%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4236+0.277%$17.8M$30.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4233+0.206%$16.0M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4233+0.206%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4231+0.159%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4235+0.254%$7.4M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4233+0.206%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4233+0.206%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4233+0.206%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4235+0.254%$90K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4234+0.224%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4223−0.039%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220−0.101%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4235+0.258%$29K$363K5xas long as short
SunX LDO-USDT+0.0100%8h0.4336+2.645%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4232+0.191%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4235+0.266%$37K3xas long as short
Lighter LDO+0.0312%1h0.4244+0.474%$855K$263K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4235+0.256%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4231+0.150%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0596%1h0.4240+0.381%$1.1M$657K50xas long as short