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+0.0067%/8h= +7.3% APRpaid last 24h +0.422%
Price spread now: Gate against Injective+5.012%99s7-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+1.417%+$142 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 Gate is 5.012% dearer against Injective than usual: you sell high and buy low: +$501 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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% / 1h43m 38s$4K$1412x
ShortGate LDO_USDT0.43160.0100get 0.0100% / 8h7h 43m$1.4M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +5.012% → 0.000%
$501.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$500.2
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago3.48 bp25.0 bp −$25157.5 bp −$1,575doesn'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−0.0752%1h0.4313+4.939%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4319+5.073%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4310+4.866%$3K$10K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
BloFin LDO-USDT+0.0074%8h0.4313+4.939%$792K$222K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4312+4.926%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4316+5.017%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4321+5.135%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4316+5.004%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4318+5.061%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4313+4.939%$16.4M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4310+4.866%$4.1M$9.2M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4316+5.012%$1.4M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4314+4.964%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4317+5.036%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4315+4.988%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4317+5.036%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4310+4.871%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4306+4.765%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4310+4.866%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+4.866%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4316+5.024%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4412+7.348%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4312+4.911%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4311+4.891%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4314+4.953%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4311+4.889%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4306+4.778%$300K15xas long as short
Lighter LDO+0.0544%1h0.4325+5.243%$878K$267K10xas long as short