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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0242%/8h= +26.4% APRpaid last 24h +0.068%
Price spread now: Reya against KuCoin−0.123%7-day average −0.066% · you buy dearer than you sell
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 3 days (all we have)+0.327%+$33 on $10k
Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.123%, 7d avg −0.066%
Together, before fees+0.501%+ Points / potential airdropReya: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.066%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42640.0100pay 0.0100% / 8h3h 28m$2.7M$3.6M50x
ShortReya LDORUSDPERP0.42590.0342get 0.0043% / 1h28m 01s$297K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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
$50.72
Price spread: −0.123% → −0.066%
−$5.75
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$26.98
Costs to cover
0.180%
Break-even
3.3 days
Slippage unknown: KuCoin: live order book, 4 min ago; Reya: 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 KuCoin live order book, 4 min ago2.35 bp45.3 bp −$45847.7 bp −$8,477doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0352%1h0.4253−0.258%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4265+0.028%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4262−0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.612%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4260−0.102%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4263−0.014%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4265+0.023%$168K$100K10xas long as short
Pacifica LDO+0.0100%1h0.4264+0.009%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4262−0.051%$17.9M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4259−0.117%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4259−0.117%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4265+0.023%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4260−0.094%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4264long leg$2.7M$3.6M50x
Bitget LDOUSDT+0.0100%8h0.4259−0.117%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4261−0.070%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4261−0.063%$90K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4274+0.229%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4275+0.264%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270+0.141%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4265+0.035%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4363+2.322%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4257−0.170%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4262−0.046%$38K3xas long as short
BloFin LDO-USDT+0.0115%8h0.4265+0.023%$911K$252K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4261−0.070%$23K100xas long as short
Reya LDORUSDPERPshort+0.0342%1h0.4259−0.123%$297K15x
Kraken Futures PF_LDOUSD+0.0395%1h0.4265+0.027%$1.1M$653K50xas long as short
Lighter LDO+0.0464%1h0.4271+0.159%$874K$249K10xas long as short