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+0.0343%/8h= +37.6% APRnext payment +$0.43 per $10,000 · paid last 24h +0.098%
Price spread now: Reya against dYdX−0.154%46s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.154% cheaper against dYdX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 36 hours of funding at the current rate (+$10 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42340get 0.0000% / 1h14m 47s$82K$5K5x
ShortReya LDORUSDPERP0.42280.0343get 0.0043% / 1h14m 47s$295K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$72.06
Price spread: −0.154% → 0.000%
−$15.42
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$40.64
Costs to cover
0.160%
Break-even
3.1 days
Slippage unknown: dYdX: no order-book sample; Reya: 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 Reya no order-book sample
dYdX and Reya: 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%1h0.4192−0.996%$117K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4234long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4233−0.027%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.932%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4230−0.094%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4235+0.020%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4233−0.023%$167K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4232−0.057%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4233−0.032%$17.7M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4229−0.122%$16.1M$10.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4231−0.074%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4230−0.098%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4231−0.074%$7.2M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4232−0.051%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4230−0.098%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4230−0.098%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4235+0.013%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4225−0.221%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4231−0.074%$298K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230−0.098%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4234−0.001%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4330+2.264%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4229−0.125%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4232−0.063%$37K3xas long as short
BloFin LDO-USDT+0.0127%8h0.4232−0.051%$887K$259K75xas long as short
Lighter LDO+0.0192%1h0.4239+0.112%$854K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4231−0.083%$23K100xas long as short
Reya LDORUSDPERPshort+0.0343%1h0.4228−0.154%$295K15x
Kraken Futures PF_LDOUSD+0.0597%1h0.4235+0.018%$1.1M$660K50xas long as short