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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Extended+0.080%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.080%, 7d avg +0.112%
Together, before fees+0.200%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$20 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: Pacifica is 0.032% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43130.0104pay 0.0013% / 1h55m 07s$259K$1.0M25x
ShortPacifica LDO0.43160.0100get 0.0013% / 1h55m 07s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.080% → +0.112%
−$3.21
Slippage, 4 orders
−$52.68
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$69.73
Costs to cover
0.657%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Pacifica: live order book, 28 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 ago5.83 bp17.9 bp −$1884.0 bp −$840doesn't fitdoesn't fit
Sell Pacifica live order book, 28 min ago3.44 bp15.9 bp −$16doesn't fitdoesn'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
Injective LDO/USDC PERP−0.0851%1h0.4270−0.987%$4K$1312xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−0.941%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4311−0.045%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4319+0.149%$3K$10K25xas long as short
Lighter LDO+0.0096%1h0.4328+0.346%$878K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4315+0.057%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4321+0.205%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4320+0.162%$170K$152K10xas long as short
Pacifica LDOshort+0.0100%1h0.4316+0.080%$111K$178K10x
Binance LDOUSDT+0.0100%8h0.4320+0.181%$18.0M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4315+0.057%$16.5M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4313+0.010%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4318+0.126%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4320+0.173%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4319+0.149%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4316+0.080%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4317+0.103%$3.9Mas long as short
Variational Omni LDO+0.0100%8h0.4306−0.149%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.319%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.291%$34K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4322+0.214%$23K$740K5xas long as short
SunX LDO-USDT+0.0100%8h0.4420+2.491%$1K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4313long leg$259K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4320+0.173%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4314+0.033%$789K$228K75xas long as short
Backpack LDO_USDC_PERP+0.0201%1h0.4319+0.149%$86K$186K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4321+0.194%$1.1M$564K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4320+0.165%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4316+0.080%$301K15xas long as short