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+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.393%
Price spread now: Injective against dYdX−2.242%98s7-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−1.260%−$126 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 2.242% cheaper against dYdX than usual: you would sell low and buy high (spread −2.242% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$224 on $10k: about 7 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −1.260%, so the current rate has only just turned in your favour. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42040get 0.0000% / 1h23m 41s$81K$5K5x
ShortInjective LDO/USDC PERP0.41100.0033get 0.0004% / 1h23m 41s$4K$1112x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: −2.242% → 0.000%
−$224.16
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$227.18
Costs to cover
0.100%
Break-even
234.2 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell Injective no order-book sample
dYdX and 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-INTX−0.0464%1h0.4203−0.030%$117K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4204long leg$81K$5K5x
Injective LDO/USDC PERPshort+0.0033%1h0.4110−2.242%$4K$1112x
Paradex LDO-USD-PERP+0.0100%8h0.4200−0.104%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4206+0.032%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4205+0.009%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4204−0.006%$107K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4203−0.021%$17.6M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4199−0.125%$16.0M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4196−0.196%$4.0M$6.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4204−0.006%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4201−0.077%$7.1M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4205+0.018%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4201−0.077%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4201−0.077%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4208+0.087%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4183−0.510%$196K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4197−0.168%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4180−0.577%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4207+0.058%$22K$385K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.420%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4194−0.235%$251K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4207+0.072%$37K3xas long as short
BloFin LDO-USDT+0.0119%8h0.4195−0.220%$891K$256K75xas long as short
Lighter LDO+0.0240%1h0.4212+0.175%$849K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4206+0.044%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4204−0.009%$293K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0463%1h0.4210+0.137%$7K$20K25xas long as short
Kraken Futures PF_LDOUSD+0.0600%1h0.4211+0.169%$1.1M$657K50xas long as short