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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.036%
Price spread now: dYdX against Lighter−0.278%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 7 days−0.231%−$23 on $10k
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 −$2 a day on $10k at the current rate, and dYdX is 0.278% cheaper against Lighter than usual: you would sell low and buy high (−$28 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 LDO0.43710.0096pay 0.0012% / 1h25m 27s$886K$265K10x
ShortdYdX LDO-USD0.43590.0022get 0.0003% / 1h25m 27s$84K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$15.62
Price spread: −0.278% → 0.000%
−$27.75
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$53.37
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 59 min ago; dYdX: 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, 59 min ago6.07 bp15.9 bp −$1664.2 bp −$642doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0688%1h0.4290−1.853%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0326%1h0.4362−0.207%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4362−0.206%$3K$10K25xas long as short
dYdX LDO-USDshort+0.0022%1h0.4359−0.278%$84K$17K5x
Injective LDO/USDC PERP+0.0033%1h0.4270−2.311%$4K$1112xas long as short
BloFin LDO-USDT+0.0087%8h0.4347−0.549%$793K$230K75xas long as short
Lighter LDOlong+0.0096%1h0.4371long leg$886K$265K10x
Paradex LDO-USD-PERP+0.0100%8h0.4355−0.372%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4361−0.238%$12.1M$3.6M5xas long as short
Aster LDOUSDT+0.0100%8h0.4359−0.265%$171K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4360−0.263%$112K$182K10xas long as short
Binance LDOUSDT+0.0100%8h0.4357−0.319%$18.2M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4356−0.343%$16.9M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4354−0.389%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4358−0.297%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4357−0.320%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4358−0.297%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4356−0.343%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4356−0.343%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4360−0.240%$87K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4332−0.885%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4341−0.681%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.709%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4359−0.265%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4462+2.082%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4354−0.399%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4360−0.244%$39K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4358−0.306%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4355−0.374%$304K15xas long as short