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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Aster against Hyperliquid+0.067%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.067%, 7d avg −0.030%
Together, before fees−0.091%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.097% dearer against Hyperliquid than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.42720.0100pay 0.0013% / 1h6m 39s$11.6M$3.2M5x
ShortAster LDOUSDT0.42750.0100get 0.0100% / 8h4h 06m$168K$120K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
$0
Price spread: +0.067% → −0.030%
$9.74
Slippage, 4 orders
−$76.41
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$83.67
Costs to cover
0.934%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Aster: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago0.94 bp9.8 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 50 min ago9.33 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit

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%1h0.4263−0.206%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4276+0.104%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4274+0.052%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.788%$4K$1312xas long as short
BloFin LDO-USDT+0.0097%8h0.4275+0.075%$909K$253K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4265−0.170%$3K20xas long as short
Hyperliquid LDOlong+0.0100%1h0.4272long leg$11.6M$3.2M5x
Aster LDOUSDTshort+0.0100%8h0.4275+0.067%$168K$120K10x
Pacifica LDO+0.0100%1h0.4269−0.055%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4269−0.067%$17.9M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4265−0.159%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4264−0.183%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4270−0.042%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4267−0.112%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4272+0.005%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4269−0.066%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4269−0.066%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4272+0.014%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4274+0.045%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4273+0.028%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.192%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4274+0.042%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4376+2.439%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4265−0.164%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4274+0.040%$38K3xas long as short
Lighter LDO+0.0296%1h0.4276+0.103%$871K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4272−0.003%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4269−0.057%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4276+0.105%$1.1M$680K50xas long as short