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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.422%
Price spread now: MEXC against Injective+4.720%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+1.389%+$139 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 MEXC is 4.720% dearer against Injective than usual: you sell high and buy low: +$472 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% / 1h50m 29s$4K$1312x
ShortMEXC LDO_USDT0.43040.0100get 0.0100% / 8h6h 50m$7.7M$7.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +4.720% → 0.000%
$472.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 0 bp × 2 orders
$0
Net
$486
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago1.16 bp3.0 bp −$317.1 bp −$171123.5 bp −$12.4K163.6 bp −$81.8K
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%1h0.4303+4.696%$120K$46K50xas long as short
dYdX LDO-USD0.0000%1h0.4300+4.626%$83K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1312x
BloFin LDO-USDT+0.0070%8h0.4299+4.599%$917K$240K75xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4301+4.650%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4303+4.684%$11.9M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4304+4.732%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4304+4.716%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4306+4.760%$18.1M$34.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4300+4.623%$16.3M$11.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4302+4.672%$4.0M$8.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4302+4.672%$1.4M$947K50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4304+4.720%$7.7M$7.2M200x
KuCoin LDOUSDTM+0.0100%8h0.4304+4.720%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4302+4.672%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4301+4.647%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4297+4.545%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4293+4.449%$202K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4285+4.258%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+4.136%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4306+4.762%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4397+6.983%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4300+4.624%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4296+4.517%$38K3xas long as short
Lighter LDO+0.0136%1h0.4314+4.954%$876K$267K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0216%1h0.4298+4.574%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4299+4.602%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4299+4.596%$300K15xas long as short
Kraken Futures PF_LDOUSD+0.0559%1h0.4303+4.700%$1.2M$705K50xas long as short