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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0075%/8h= +8.3% APRpaid last 24h +0.030%
Price spread now: SunX against dYdX+2.312%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 7 days+0.228%+$23 on $10k
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 +$2 a day on $10k at the current rate, and SunX is 2.312% dearer against dYdX than usual: you sell high and buy low: +$231 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43350.0024pay 0.0003% / 1h29m 16s$84K$17K5x
ShortSunX LDO-USDT0.44350.0100get 0.0100% / 8h2h 29m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$15.85
Price spread: +2.312% → 0.000%
$231.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$229.05
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago246.98 bpdoesn't fitdoesn't fitdoesn'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−0.0688%1h0.4290−1.033%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4336+0.029%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0211%1h0.4334−0.018%$3K$10K25xas long as short
dYdX LDO-USDlong+0.0024%1h0.4335long leg$84K$17K5x
Injective LDO/USDC PERP+0.0033%1h0.4270−1.494%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4347+0.282%$881K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4331−0.092%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4336+0.037%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4335+0.003%$171K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4335+0.011%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4334−0.008%$18.1M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4333−0.041%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4331−0.087%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4332−0.064%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4333−0.041%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4334−0.018%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4333−0.041%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334−0.018%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4334−0.009%$87K$187K10xas long as short
Variational Omni LDO+0.0100%8h0.4332−0.057%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333−0.041%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.110%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4336+0.030%$34K$697K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4435+2.312%$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4331−0.077%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4335+0.005%$38K3xas long as short
BloFin LDO-USDT+0.0108%8h0.4333−0.041%$792K$229K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4335+0.004%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4332−0.062%$302K15xas long as short