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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.424%
Price spread now: Extended against Injective+4.978%60s7-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+1.452%+$145 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 4.978% dearer against Injective than usual: you sell high and buy low: +$498 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h16m 17s$4K$1312x
ShortExtended LDO-USD0.43150.0104get 0.0013% / 1h16m 17s$259K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$14.84
Price spread: +4.978% → 0.000%
$497.83
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$507.65
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago5.78 bp17.7 bp −$18102.4 bp −$1,024doesn'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−0.0512%1h0.4304+4.720%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4320+5.109%$83K$5K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1312x
BloFin LDO-USDT+0.0080%8h0.4327+5.280%$917K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4320+5.119%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4325+5.241%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326+5.255%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4324+5.202%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4319+5.093%$18.1M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4314+4.964%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4314+4.964%$4.0M$7.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4324+5.207%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4317+5.036%$7.9M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4320+5.109%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4321+5.134%$3.4M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4322+5.158%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4323+5.190%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316+5.005%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4325+5.234%$308K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+5.109%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4324+5.212%$23K$540K5xas long as short
SunX LDO-USDT+0.0100%8h0.4424+7.640%$2K$1.2M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4315+4.978%$259K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4319+5.096%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4320+5.109%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4323+5.187%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4320+5.099%$301K15xas long as short
Lighter LDO+0.0440%1h0.4327+5.277%$878K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0572%1h0.4321+5.144%$1.2M$678K50xas long as short