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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.358%
Price spread now: BloFin against Injective+2.652%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+1.459%+$146 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 BloFin is 2.652% dearer against Injective than usual: you sell high and buy low: +$265 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% / 1h42m 32s$4K$1112x
ShortBloFin LDO-USDT0.42190.0102get 0.0102% / 8h42m 32s$890K$258K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$14.39
Price spread: +2.652% → 0.000%
$265.21
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$267.58
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 30 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 BloFin live order book, 30 min ago2.37 bp10.5 bp −$1014.3 bp −$14353.8 bp −$5,384doesn'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−0.0920%1h0.4180+1.703%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4225+2.802%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4221+2.701%$7K$20K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1112x
Paradex LDO-USD-PERP+0.0100%8h0.4221+2.710%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4225+2.791%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4224+2.769%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4223+2.756%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4224+2.783%$17.7M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4223+2.749%$16.0M$9.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4225+2.798%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4219+2.652%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4222+2.725%$6.7M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4223+2.749%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4222+2.725%$3.2M$2.9M75xas long as short
BingX LDO-USDT+0.0100%8h0.4223+2.749%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4220+2.686%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4220+2.669%$201K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4216+2.578%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220+2.676%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4228+2.873%$22K$371K5xas long as short
SunX LDO-USDT+0.0100%8h0.4323+5.182%$2K$1.2M20xas long as short
BloFin LDO-USDTshort+0.0102%8h0.4219+2.652%$890K$258K75x
Extended LDO-USD+0.0104%1h0.4221+2.692%$257K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4220+2.689%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4220+2.665%$1.1M$711K50xas long as short
Lighter LDO+0.0232%1h0.4232+2.956%$853K$270K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4222+2.730%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4224+2.769%$295K15xas long as short