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+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%
Price spread now: GMX against Extended+0.172%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.172% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43010.0104pay 0.0013% / 1h2m 36s$259K$1.0M25x
ShortGMX LDO/USD [ETH-USDC]0.4308L +0.0319% / S −0.0201%get 0.0025% / 1h2m 36s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$20.42
Price spread: +0.172% → 0.000%
$17.17
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$20.6
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Extended: live order book, 1 min ago; GMX: 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 Extended live order book, 1 min ago5.80 bp17.8 bp −$1889.7 bp −$897doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h0.4110−4.440%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4315+0.327%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4307+0.141%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4312+0.266%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4303+0.051%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4312+0.248%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312+0.247%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4309+0.184%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4306+0.117%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4302+0.024%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4301+0.001%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4308+0.164%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4307+0.141%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4309+0.187%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4304+0.071%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4306+0.117%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4309+0.194%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.117%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4303+0.037%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.022%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4310+0.217%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4410+2.535%$2K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4301long leg$259K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4311+0.231%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4313+0.280%$788K$219K75xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0319% / S −0.0201%1h0.4308+0.172%$24K100x
Reya LDORUSDPERP+0.0335%1h0.4305+0.104%$300K15xas long as short
Lighter LDO+0.0336%1h0.4317+0.371%$876K$269K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0679%1h0.4311+0.234%$3K$10K25xas long as short