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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.048%
Price spread now: Aster against GMX+0.052%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 airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.052% dearer against GMX than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LDO/USD [ETH-USDC]0.4291L +0.0319% / S −0.0201%pay 0.0040% / 1h32m 09s$23K100x
ShortAster LDOUSDT0.42930.0100get 0.0100% / 8h6h 32m$169K$134K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$46.06
Price spread: +0.052% → 0.000%
$5.17
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$60.89
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 34 min ago. 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 Aster live order book, 34 min ago9.24 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
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 28 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−0.0416%1h0.4286−0.122%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4287−0.091%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.223%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4285−0.142%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4292+0.025%$11.9M$3.7M5xas long as short
Aster LDOUSDTshort+0.0100%8h0.4293+0.052%$169K$134K10x
Pacifica LDO+0.0100%1h0.4291−0.007%$110K$160K10xas long as short
Binance LDOUSDT+0.0100%8h0.4291+0.006%$17.9M$33.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4286−0.122%$16.1M$11.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4286−0.122%$4.0M$7.7M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4290−0.029%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4290−0.029%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4291−0.006%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4289−0.052%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4289−0.052%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4290−0.034%$89K$158K10xas long as short
Variational Omni LDO+0.0100%8h0.4280−0.254%$201K$78Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4282−0.216%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.262%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4294+0.076%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4393+2.371%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4287−0.096%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4292+0.026%$38K3xas long as short
Lighter LDO+0.0208%1h0.4300+0.195%$874K$268K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0216%1h0.4295+0.088%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]longL +0.0319% / S −0.0201%1h0.4291long leg$23K100x
Reya LDORUSDPERP+0.0337%1h0.4292+0.027%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0560%1h0.4294+0.071%$1.2M$784K50xas long as short