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−0.0215%/8h= −23.5% APRnext payment $0.27 per $10,000 · paid last 24h −0.046%
Price spread now: Aevo against GMX+0.021%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 feesneeds both histories
The price spread pays, funding is against you. Aevo is 0.021% dearer against GMX than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LDO/USD [ETH-USDC]0.4299L +0.0319% / S −0.0201%pay 0.0040% / 1h5m 52s$23K100x
ShortAevo LDO-PERP0.43000.0104get 0.0013% / 1h5m 52s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$45.06
Price spread: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$70.99
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX and Aevo: 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%1h0.4110−4.395%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4312+0.304%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300+0.025%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4304+0.113%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4295−0.093%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4304+0.107%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4306+0.156%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4300+0.031%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4302+0.078%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4298−0.021%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4297−0.045%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4299+0.002%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299+0.002%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4302+0.072%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4300+0.025%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302+0.072%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4301+0.051%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.070%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.001%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.025%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4301+0.048%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4400+2.351%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4299−0.006%$259K$1.0M25xas long as short
Aevo LDO-PERPshort+0.0104%1h0.4300+0.021%$38K3x
BloFin LDO-USDT+0.0105%8h0.4301+0.048%$786K$219K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.4300+0.025%$3K$10K25xas long as short
Lighter LDO+0.0304%1h0.4310+0.267%$875K$269K10xas long as short
GMX LDO/USD [ETH-USDC]longL +0.0319% / S −0.0201%1h0.4299long leg$23K100x
Reya LDORUSDPERP+0.0335%1h0.4297−0.052%$300K15xas long as short