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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.014%
Price spread now: GMX against Gate−0.012%7-day average · you buy dearer than you sell
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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43140.0100pay 0.0100% / 8h2h 39m$1.4M$1.1M50x
ShortGMX LDO/USD [ETH-USDC]0.4314L +0.0319% / S −0.0201%get 0.0025% / 1h39m 18s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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
$21.26
Price spread: −0.012% → 0.000%
−$1.16
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
−$6.9
Costs to cover
0.270%
Break-even
9.3 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago5.80 bp26.2 bp −$26170.2 bp −$1,702doesn'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
Coinbase International LDO-PERP-INTX−0.0688%1h0.4325+0.255%$117K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0330%1h0.4316+0.038%$1.1M$557K50xas long as short
dYdX LDO-USD0.0000%1h0.4321+0.155%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4313−0.023%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.020%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4326+0.280%$877K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4311−0.074%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4315+0.032%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4315+0.028%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4315+0.029%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4312−0.046%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4311−0.070%$16.7M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4308−0.139%$4.1M$9.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4314long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4312−0.046%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4315+0.023%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43140.000%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4312−0.046%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4318+0.093%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4315+0.012%$201K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4315+0.022%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.139%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.43140.000%$34K$697K5xas long as short
SunX LDO-USDT+0.0100%8h0.4411+2.248%$2K$1.5M20xas long as short
BloFin LDO-USDT+0.0104%8h0.4311−0.070%$793K$228K75xas long as short
Extended LDO-USD+0.0104%1h0.4309−0.122%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313−0.023%$38K3xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0319% / S −0.0201%1h0.4314−0.012%$24K100x
Reya LDORUSDPERP+0.0332%1h0.4310−0.091%$301K15xas long as short