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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0219%/8h= −24.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.053%
Price spread now: Pacifica against GMX+0.129%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 airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.129% dearer against GMX than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LDO/USD [ETH-USDC]0.4267L +0.0319% / S −0.0201%pay 0.0040% / 1h3m 32s$23K100x
ShortPacifica LDO0.42730.0100get 0.0013% / 1h3m 32s$110K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$46.03
Price spread: +0.129% → 0.000%
$12.87
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$53.17
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 54 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 Pacifica live order book, 54 min ago5.84 bp19.5 bp −$19doesn'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 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−0.0416%1h0.4263−0.100%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4270+0.064%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.685%$4K$1312xas long as short
BloFin LDO-USDT+0.0095%8h0.4265−0.053%$907K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4270+0.072%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4275+0.179%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4273+0.124%$168K$120K10xas long as short
Pacifica LDOshort+0.0100%1h0.4273+0.129%$110K$26K10x
Binance LDOUSDT+0.0100%8h0.4278+0.246%$18.0M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4276+0.205%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4276+0.205%$4.0M$6.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4270+0.064%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4273+0.135%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4271+0.088%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4272+0.111%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4271+0.088%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4271+0.081%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4265−0.058%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4272+0.117%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270+0.064%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4267−0.013%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4367+2.338%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4272+0.106%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4270+0.059%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0219%1h0.4269+0.041%$7K$20K25xas long as short
Lighter LDO+0.0296%1h0.4282+0.346%$873K$267K10xas long as short
GMX LDO/USD [ETH-USDC]longL +0.0319% / S −0.0201%1h0.4267long leg$23K100x
Reya LDORUSDPERP+0.0341%1h0.4266−0.039%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0494%1h0.4274+0.157%$1.1M$680K50xas long as short