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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0243%/8h= +26.7% APRpaid last 24h +0.068%
Price spread now: Reya against Gate−0.151%47s7-day average −0.042% · 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)+0.201%+$20 on $10k
Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.151%, 7d avg −0.042%
Together, before fees+0.438%+ Points / potential airdropReya: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.109% cheaper against Gate than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.042%). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$7 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.42540.0100pay 0.0100% / 8h1h 59m$1.4M$1.1M50x
ShortReya LDORUSDPERP0.42480.0343get 0.0043% / 1h59m 31s$296K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$51.13
Price spread: −0.151% → −0.042%
−$10.9
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Reya: 3 bp × 2 orders
−$6
Net
$19.23
Costs to cover
0.210%
Break-even
4.4 days
Slippage unknown: Gate: live order book, 3 min ago; Reya: 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 ago2.35 bp32.8 bp −$33141.7 bp −$1,417doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0464%1h0.4192−1.457%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4249−0.114%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4251−0.071%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.385%$4K$1112xas long as short
BloFin LDO-USDT+0.0073%8h0.4258+0.094%$888K$260K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4247−0.174%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4254−0.009%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4255+0.015%$167K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4250−0.094%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4252−0.047%$17.8M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4249−0.118%$16.1M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4250−0.094%$4.0M$6.8M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4254long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4251−0.071%$7.1M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4252−0.047%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.42540.000%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4252−0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4249−0.125%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4253−0.030%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4255+0.024%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250−0.094%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4251−0.066%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4349+2.233%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4249−0.123%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4251−0.065%$38K3xas long as short
Lighter LDO+0.0224%1h0.4260+0.150%$859K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4251−0.079%$23K100xas long as short
Reya LDORUSDPERPshort+0.0343%1h0.4248−0.151%$296K15x
Kraken Futures PF_LDOUSD+0.0594%1h0.4251−0.065%$1.1M$662K50xas long as short