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+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.038%
Price spread now: GMX against dYdX+0.122%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 3 days (all we have)no history yet
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 +$5 a day on $10k at the current rate, and GMX is 0.122% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43360.0030pay 0.0004% / 1h12m 28s$84K$17K5x
ShortGMX LDO/USD [ETH-USDC]0.4342L +0.0320% / S −0.0201%get 0.0025% / 1h12m 28s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$36.07
Price spread: +0.122% → 0.000%
$12.16
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$26.23
Costs to cover
0.220%
Break-even
1.9 days
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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%1h0.4333−0.076%$118K$53K50xas long as short
dYdX LDO-USDlong+0.0030%1h0.4336long leg$84K$17K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−5.219%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4335−0.024%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4341+0.101%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4341+0.115%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4340+0.078%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4340+0.085%$18.2M$37.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4335−0.030%$16.4M$11.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4335−0.030%$4.1M$8.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4339+0.062%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4340+0.085%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4341+0.108%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4338+0.039%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4337+0.016%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4343+0.145%$87K$150K10xas long as short
Variational Omni LDO+0.0100%8h0.4335−0.034%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4337+0.016%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.085%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340+0.094%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4442+2.437%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4336−0.018%$264K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4342+0.139%$38K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4340+0.085%$790K$213K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4343+0.159%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0211%1h0.4344+0.177%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4342+0.122%$24K100x
Reya LDORUSDPERP+0.0337%1h0.4335−0.038%$302K15xas long as short
Lighter LDO+0.0592%1h0.4346+0.233%$882K$267K10xas long as short