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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.009%
Price spread now: GMX against OKX+0.081%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.081% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43330.0100pay 0.0100% / 8h7h 12m$4.1M$8.8M50x
ShortGMX LDO/USD [ETH-USDC]0.4337L +0.0320% / S −0.0201%get 0.0025% / 1h12m 19s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.26
Price spread: +0.081% → 0.000%
$8.12
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$7.39
Costs to cover
0.220%
Break-even
4.6 days
Slippage unknown: OKX: live order book, 6 min ago; GMX: 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 OKX live order book, 6 min ago2.31 bp15.7 bp −$1665.9 bp −$659doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0752%1h0.43330.000%$118K$50K50xas long as short
dYdX LDO-USD+0.0030%1h0.4336+0.076%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.147%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4335+0.053%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4341+0.178%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4342+0.218%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4340+0.155%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4337+0.098%$18.2M$37.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4332−0.023%$16.4M$11.9M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4333long leg$4.1M$8.8M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4339+0.138%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4340+0.162%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4341+0.185%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4338+0.115%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4337+0.092%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4343+0.222%$87K$150K10xas long as short
Variational Omni LDO+0.0100%8h0.4335+0.042%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4337+0.092%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.162%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340+0.171%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4440+2.469%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4334+0.012%$264K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4337+0.092%$38K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4340+0.162%$790K$213K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4341+0.180%$1.1M$516K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0211%1h0.4338+0.115%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4337+0.081%$24K100x
Reya LDORUSDPERP+0.0337%1h0.4335+0.038%$302K15xas long as short
Lighter LDO+0.0592%1h0.4347+0.318%$882K$267K10xas long as short