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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h +0.393%
Price spread now: dYdX against Injective+4.874%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+1.260%+$126 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 4.874% dearer against Injective than usual: you sell high and buy low (spread +4.874% now, against zero (this spread has no 7-day history yet)): +$487 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 months. Mind the row above: over the last 7 days funding on this pair paid +1.260%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h38m 46s$4K$1412x
ShortdYdX LDO-USD0.43100get 0.0000% / 1h38m 46s$83K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$7
Price spread: +4.874% → 0.000%
$487.37
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$470.35
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
Injective and dYdX: 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−0.0752%1h0.4306+4.769%$117K$53K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4310+4.874%$83K$17K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4302+4.672%$3K$10K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
Paradex LDO-USD-PERP+0.0100%8h0.4302+4.682%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4306+4.764%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305+4.752%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4305+4.733%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4306+4.781%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4302+4.672%$16.3M$12.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4303+4.696%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4301+4.647%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4306+4.769%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4306+4.769%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4303+4.696%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4300+4.623%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4301+4.642%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4311+4.886%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312+4.915%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+4.866%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4307+4.786%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+7.129%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4303+4.692%$259K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4301+4.645%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4304+4.720%$789K$222K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4304+4.727%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4302+4.663%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4302+4.669%$300K15xas long as short
Lighter LDO+0.0528%1h0.4314+4.956%$876K$267K10xas long as short