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−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against MEXC−0.138%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−0.129%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.138% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.41950.0100pay 0.0100% / 8h23m 10s$6.6M$5.5M200x
ShortdYdX LDO-USD0.41890get 0.0000% / 1h23m 10s$81K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. 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
−$21
Price spread: −0.138% → 0.000%
−$13.82
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$44.82
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago1.19 bp4.9 bp −$513.0 bp −$13087.7 bp −$8,765152.8 bp −$76.4K
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−0.0920%1h0.4172−0.548%$116K$39K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4189−0.138%$81K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−2.026%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4188−0.164%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4195+0.010%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4194−0.033%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4191−0.103%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4196+0.030%$17.6M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4192−0.072%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.41950.000%$4.0M$6.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4191−0.095%$1.4M$1.2M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4195long leg$6.6M$5.5M200x
KuCoin LDOUSDTM+0.0100%8h0.4191−0.095%$2.6M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4192−0.072%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4192−0.072%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4191−0.100%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4184−0.269%$199K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4187−0.190%$294K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4190−0.119%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4195+0.002%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4293+2.336%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4191−0.086%$254K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4194−0.024%$37K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4194−0.024%$890K$257K75xas long as short
Kraken Futures PF_LDOUSD+0.0226%1h0.4193−0.051%$1.1M$729K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0227%1h0.41950.000%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.41950.000%$23K100xas long as short
Lighter LDO+0.0344%1h0.4202+0.176%$847K$270K10xas long as short
Reya LDORUSDPERP+0.0346%1h0.4190−0.107%$292K15xas long as short