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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h +0.422%
Price spread now: Paradex against Injective+4.313%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 4.313% dearer against Injective than usual: you sell high and buy low: +$431 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% / 1h39m 50s$4K$1312x
ShortParadex LDO-USD-PERP0.42870.0100get 0.0100% / 8h5h 39m$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$13.93
Price spread: +4.313% → 0.000%
$431.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Paradex: 2 bp × 2 orders
−$4
Net
$441.19
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Paradex: 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 Paradex no order-book sample
Injective and Paradex: 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%1h0.4259+3.625%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4287+4.311%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4288+4.331%$7K$20K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1312x
BloFin LDO-USDT+0.0089%8h0.4284+4.234%$917K$255K75xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4287+4.313%$3K20x
Hyperliquid LDO+0.0100%1h0.4286+4.277%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4290+4.391%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4288+4.335%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4286+4.280%$17.9M$32.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4281+4.161%$16.1M$10.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4282+4.185%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4286+4.282%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4285+4.258%$7.7M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4287+4.307%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4282+4.185%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4285+4.258%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4287+4.297%$87K$144K10xas long as short
Variational Omni LDO+0.0100%8h0.4279+4.116%$201K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4290+4.370%$304K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+4.380%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4290+4.382%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4389+6.788%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4281+4.162%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4286+4.287%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4286+4.294%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4284+4.235%$299K15xas long as short
Lighter LDO+0.0408%1h0.4290+4.389%$871K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0576%1h0.4290+4.382%$1.2M$711K50xas long as short