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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: SunX against Hyperliquid+2.251%7-day average +2.218% · 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 7 days−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.022%−$2 · spread now +2.251%, 7d avg +2.218%
Together, before fees−0.024%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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: SunX is 0.033% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +2.218%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.42650.0100pay 0.0013% / 1h55m 31s$11.8M$3.9M5x
ShortSunX LDO-USDT0.43610.0100get 0.0100% / 8h6h 55m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +2.251% → +2.218%
$3.33
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$13.67
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; SunX: live order book, 9 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 Hyperliquid live order book, 7 min ago1.05 bp11.3 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago253.52 bpdoesn't fitdoesn'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%1h0.4271+0.141%$119K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4264−0.028%$82K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42650.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.634%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4266+0.027%$3K20xas long as short
Hyperliquid LDOlong+0.0100%1h0.4265long leg$11.8M$3.9M5x
Aster LDOUSDT+0.0100%8h0.4266+0.025%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4265+0.007%$109K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4264−0.023%$17.9M$34.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4257−0.188%$16.1M$11.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4253−0.281%$4.0M$8.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4266+0.023%$1.4M$939K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4269+0.094%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4264−0.023%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4261−0.094%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4261−0.094%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4260−0.110%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4257−0.180%$200K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4285+0.469%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.586%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4266+0.033%$23K$720K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4361+2.251%$2K$1.3M20x
Extended LDO-USD+0.0104%1h0.4260−0.117%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4262−0.061%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4284+0.445%$920K$208K75xas long as short
Lighter LDO+0.0184%1h0.4272+0.162%$867K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4263−0.056%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4262−0.062%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0564%1h0.4265−0.011%$1.1M$507K50xas long as short