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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: ApeX Omni against Extended+0.191%7-day average +0.196% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.191%, 7d avg +0.196%
Together, before fees+0.125%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42220.0104pay 0.0013% / 1h37m 03s$254K$1.1M25x
ShortApeX Omni LDOUSDT0.42300.0100get 0.0013% / 1h37m 03s$31K$636K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.191% → +0.196%
−$0.52
Slippage, 4 orders
−$49.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$65.51
Costs to cover
0.642%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; ApeX Omni: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago4.74 bp17.2 bp −$17106.4 bp −$1,064doesn't fitdoesn't fit
Sell ApeX Omni live order book, 6 min ago5.92 bp13.5 bp −$1391.6 bp −$916doesn't fitdoesn't fit

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−0.0648%1h0.4206−0.378%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4230+0.191%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4226+0.096%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.652%$4K$1112xas long as short
BloFin LDO-USDT+0.0076%8h0.4227+0.119%$893K$258K75xas long as short
Lighter LDO+0.0096%1h0.4229+0.174%$852K$270K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4225+0.066%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4224+0.048%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4229+0.161%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4226+0.096%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4227+0.120%$17.7M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4219−0.070%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4219−0.070%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4223+0.025%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4223+0.025%$6.7M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4225+0.072%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4224+0.048%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4224+0.048%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4223+0.015%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4223+0.019%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4228+0.143%$302K$3.5M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4230+0.191%$31K$636K50x
Polymarket Perps LDO-USD+0.0100%1h0.4230+0.186%$22K$370K5xas long as short
SunX LDO-USDT+0.0100%8h0.4327+2.488%$1K$1.2M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4222long leg$254K$1.1M25x
Aevo LDO-PERP+0.0104%1h0.4226+0.092%$37K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4227+0.120%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4225+0.063%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0380%1h0.4228+0.136%$1.1M$697K50xas long as short