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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.015%
Price spread now: Bybit against dYdX+0.317%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+0.119%+$12 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 +$3 a day on $10k at the current rate, and Bybit is 0.317% dearer against dYdX than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42580get 0.0000% / 1h31m 25s$82K$5K5x
ShortBybit LDOUSDT0.42710.0100get 0.0100% / 8h3h 31m$16.1M$9.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$21
Price spread: +0.317% → 0.000%
$31.71
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$31.71
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago1.17 bp12.9 bp −$1335.1 bp −$351doesn't fitdoesn'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−0.0352%1h0.4253−0.106%$118K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4258long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4264+0.153%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.464%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4260+0.057%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4278+0.474%$11.7M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4268+0.238%$168K$100K10xas long as short
Pacifica LDO+0.0100%1h0.4265+0.184%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4270+0.290%$18.0M$30.5M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4271+0.317%$16.1M$9.9M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4272+0.341%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4263+0.129%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4273+0.364%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4264+0.153%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4271+0.317%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4263+0.129%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4263+0.134%$91K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4259+0.029%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4263+0.130%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.059%$32K$642K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4277+0.458%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4361+2.431%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4266+0.206%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4263+0.129%$38K3xas long as short
BloFin LDO-USDT+0.0126%8h0.4265+0.176%$911K$252K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4262+0.109%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4272+0.348%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4266+0.202%$1.1M$653K50xas long as short
Lighter LDO+0.0432%1h0.4273+0.373%$874K$249K10xas long as short