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+0.0067%/8h= +7.3% APRpaid last 24h +0.422%
Price spread now: Bitget against Injective+4.185%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 7 days+1.550%+$155 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 4.185% dearer against Injective than usual: you sell high and buy low: +$418 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h31m 17s$4K$1312x
ShortBitget LDOUSDT0.42820.0100get 0.0100% / 8h4h 31m$3.3M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
$14
Price spread: +4.185% → 0.000%
$418.49
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$420.47
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 1 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 Injective no order-book sample
Sell Bitget live order book, 1 min ago3.51 bp19.3 bp −$1950.5 bp −$505doesn't fitdoesn't fit
Injective: 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%1h0.4240+3.163%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4280+4.142%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4285+4.258%$7K$20K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1312x
Paradex LDO-USD-PERP+0.0100%8h0.4284+4.242%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+4.321%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4283+4.218%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4285+4.260%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4287+4.307%$18.0M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4283+4.209%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4283+4.209%$4.0M$6.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4287+4.307%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4285+4.258%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4286+4.282%$2.7M$3.8M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4282+4.185%$3.3M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4282+4.185%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4277+4.063%$91K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4242+3.206%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4252+3.443%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+3.650%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4286+4.294%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4388+6.764%$1K$1.2M20xas long as short
BloFin LDO-USDT+0.0102%8h0.4289+4.355%$915K$253K75xas long as short
Extended LDO-USD+0.0104%1h0.4280+4.146%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4284+4.241%$38K3xas long as short
Lighter LDO+0.0208%1h0.4292+4.438%$872K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4285+4.253%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4282+4.193%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0492%1h0.4288+4.340%$1.2M$684K50xas long as short