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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.7% APRnext payment $0.35 per $10,000 · paid last 24h −0.034%
Price spread now: Aevo against Lighter−0.088%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aevo is 0.088% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LDO0.42120.0384pay 0.0048% / 1h1m 23s$849K$273K10x
ShortAevo LDO-PERP0.42090.0104get 0.0013% / 1h1m 23s$37K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
−$58.8
Price spread: −0.088% → 0.000%
−$8.78
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$83.58
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 34 min ago; Aevo: 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 Lighter live order book, 34 min ago3.33 bp11.0 bp −$1151.7 bp −$517doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0920%1h0.4198−0.337%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4208−0.092%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.426%$4K$1112xas long as short
BloFin LDO-USDT+0.0071%8h0.4206−0.147%$884K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4203−0.230%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.42120.000%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4206−0.136%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4206−0.139%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4208−0.108%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4205−0.171%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4208−0.100%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4205−0.171%$1.5M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4207−0.123%$6.7M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4206−0.147%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4205−0.171%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4205−0.171%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4207−0.119%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4200−0.291%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4210−0.052%$298K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4210−0.052%$31K$634K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4210−0.050%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.227%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4202−0.242%$252K$1.4M25xas long as short
Aevo LDO-PERPshort+0.0104%1h0.4209−0.088%$37K3x
Kraken Futures PF_LDOUSD+0.0225%1h0.4206−0.137%$1.1M$728K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0225%1h0.4209−0.076%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4207−0.113%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4207−0.130%$293K15xas long as short
Lighter LDOlong+0.0384%1h0.4212long leg$849K$273K10x