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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended+0.218%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.218%, 7d avg +0.059%
Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.159% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42760.0104pay 0.0013% / 1h9m 47s$259K$1.3M25x
ShortGate LDO_USDT0.42850.0100get 0.0100% / 8h6h 09m$1.5M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.218% → +0.059%
$15.85
Slippage, 4 orders
−$77.88
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$82.87
Costs to cover
0.979%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago3.51 bp15.6 bp −$16107.7 bp −$1,077doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.50 bp28.6 bp −$29169.7 bp −$1,697doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4259−0.390%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4284+0.200%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4282+0.148%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.875%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4285+0.213%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4283+0.159%$11.7M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4285+0.228%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4287+0.264%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4281+0.114%$17.9M$33.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4278+0.054%$16.1M$10.8M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4278+0.054%$4.0M$7.6M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4285+0.218%$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4280+0.101%$7.6M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4283+0.171%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4283+0.171%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4282+0.148%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4280+0.101%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4287+0.259%$201K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4281+0.124%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.101%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4287+0.258%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4393+2.744%$2K$1.3M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4276long leg$259K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4282+0.143%$38K3xas long as short
Lighter LDO+0.0272%1h0.4287+0.269%$871K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4281+0.134%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4282+0.143%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0562%1h0.4286+0.243%$1.2M$774K50xas long as short