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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: OKX against dYdX−0.006%7-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+0.196%+$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43760get 0.0000% / 1h50m 42s$84K$17K5x
ShortOKX LDO-USDT-SWAP0.43760.0100get 0.0100% / 8h50m 42s$4.1M$9.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.006% → 0.000%
−$0.58
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$0.42
Costs to cover
0.200%
Break-even
6.9 days
Slippage unknown: dYdX: no order-book sample; OKX: 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 OKX live order book, 2 min ago1.15 bp14.3 bp −$1443.2 bp −$432doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−6.084%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4371−0.120%$119K$56K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4376long leg$84K$17K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4379+0.063%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4378+0.046%$1.1M$528K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4378+0.030%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4385+0.198%$12.3M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4380+0.083%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4380+0.090%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4381+0.117%$18.2M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4377+0.017%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4376−0.006%$4.1M$9.2M50x
Gate LDO_USDT+0.0100%8h0.4376−0.006%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4380+0.086%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4380+0.086%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4378+0.040%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4379+0.063%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4377+0.024%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4353−0.533%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4370−0.144%$310K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4370−0.143%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4378+0.035%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4480+2.371%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4375−0.019%$263K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4378+0.041%$39K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4374−0.052%$791K$221K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4377+0.026%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4374−0.052%$305K15xas long as short
Lighter LDO+0.0504%1h0.4390+0.312%$890K$268K10xas long as short