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 +0.029%
Price spread now: KuCoin against dYdX−0.027%47s7-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+0.043%+$4 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. KuCoin is 0.027% cheaper against dYdX than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.043% in total) that is about 4.3 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42860get 0.0000% / 1h49m 59s$83K$5K5x
ShortKuCoin LDOUSDTM0.42850.0100get 0.0100% / 8h3h 49m$2.8M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.027% → 0.000%
−$2.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$3.67
Costs to cover
0.220%
Break-even
8.2 days
Slippage unknown: dYdX: no order-book sample; KuCoin: 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 KuCoin live order book, 2 min ago2.33 bp41.3 bp −$41263.0 bp −$2,630doesn'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%1h0.4268−0.423%$119K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4286long leg$83K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4285−0.027%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.110%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4285−0.031%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+0.053%$11.7M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4289+0.063%$169K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4289+0.062%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4284−0.042%$18.0M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4281−0.120%$16.1M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4281−0.120%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4286−0.003%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4283−0.073%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4285−0.027%$2.8M$3.6M50x
Bitget LDOUSDT+0.0100%8h0.4283−0.073%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4287+0.020%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4285−0.036%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4292+0.131%$202K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.220%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.090%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4287+0.027%$21K$509K5xas long as short
SunX LDO-USDT+0.0100%8h0.4384+2.283%$2K$1.2M20xas long as short
BloFin LDO-USDT+0.0103%8h0.4291+0.113%$911K$254K75xas long as short
Extended LDO-USD+0.0104%1h0.4279−0.165%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4284−0.038%$38K3xas long as short
Lighter LDO+0.0312%1h0.4295+0.197%$876K$246K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4284−0.050%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4283−0.076%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0393%1h0.4288+0.053%$1.2M$661K50xas long as short