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: SunX against Injective+7.956%61s7-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+1.487%+$149 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 SunX is 7.956% dearer against Injective than usual: you sell high and buy low: +$796 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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% / 1h14m 10s$4K$1412x
ShortSunX LDO-USDT0.44370.0100get 0.0100% / 8h7h 14m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +7.956% → 0.000%
$795.62
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
$801.6
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago252.18 bpdoesn't fitdoesn't fitdoesn'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%1h0.4333+5.426%$118K$53K50xas long as short
dYdX LDO-USD+0.0031%1h0.4336+5.506%$84K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
Paradex LDO-USD-PERP+0.0100%8h0.4333+5.418%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4341+5.618%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4340+5.605%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4336+5.500%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4342+5.636%$18.2M$37.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4339+5.572%$16.4M$11.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4338+5.547%$4.1M$9.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4338+5.547%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4342+5.645%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4337+5.523%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4339+5.572%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4339+5.572%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4336+5.491%$89K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4335+5.470%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4332+5.404%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+5.353%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4338+5.543%$23K$731K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4437+7.956%$2K$1.4M20x
Extended LDO-USD+0.0104%1h0.4337+5.524%$264K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4341+5.610%$38K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4339+5.572%$789K$216K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4345+5.710%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0211%1h0.4341+5.620%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4339+5.567%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4335+5.478%$302K15xas long as short
Lighter LDO+0.0592%1h0.4351+5.873%$883K$267K10xas long as short