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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against OKX−0.259%80s7-day average +0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.713%+$71 · spread now −0.259%, 7d avg +0.155%
Together, before fees+0.699%+$70 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.414% cheaper against OKX than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of +0.155%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42410.0100pay 0.0100% / 8h7h 10m$4.0M$6.4M50x
ShortApeX Omni LDOUSDT0.42300.0100get 0.0013% / 1h10m 11s$31K$636K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$0
Price spread: −0.259% → +0.155%
−$41.43
Slippage, 4 orders
−$45.29
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$106.72
Costs to cover
0.653%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago2.36 bp13.7 bp −$1455.6 bp −$556doesn't fitdoesn't fit
Sell ApeX Omni live order book, 23 min ago8.36 bp21.7 bp −$22131.8 bp −$1,318doesn't fitdoesn't fit

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−0.0952%1h0.4244+0.071%$116K$41K50xas long as short
Kraken Futures PF_LDOUSD−0.0366%1h0.4244+0.069%$1.1M$740K50xas long as short
dYdX LDO-USD0.0000%1h0.4249+0.196%$81K$2K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4244+0.071%$7K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.089%$4K$1112xas long as short
BloFin LDO-USDT+0.0098%8h0.4251+0.236%$893K$262K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4247+0.146%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4251+0.238%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4249+0.184%$167K$83K10xas long as short
Pacifica LDO+0.0100%1h0.4249+0.189%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4245+0.083%$18.2M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4239−0.047%$16.3M$9.9M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4241long leg$4.0M$6.4M50x
Gate LDO_USDT+0.0100%8h0.4249+0.189%$1.6M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4242+0.024%$6.8M$5.7M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4246+0.118%$2.6M$3.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.42410.000%$3.2M$2.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4243+0.047%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4241−0.007%$87K$169K10xas long as short
Variational Omni LDO+0.0100%8h0.4243+0.042%$203K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4235−0.143%$298K$3.6M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4230−0.259%$31K$636K50x
Polymarket Perps LDO-USD+0.0100%1h0.4248+0.165%$25K$355K5xas long as short
SunX LDO-USDT+0.0100%8h0.4343+2.405%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4242+0.014%$255K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4243+0.058%$38K3xas long as short
Lighter LDO+0.0288%1h0.4253+0.281%$857K$274K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4244+0.071%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4246+0.126%$296K15xas long as short