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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX−0.279%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.279%, 7d avg +0.074%
Together, before fees+0.424%+ Points / potential airdropPacifica: Active · farm board+$42 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: Pacifica is 0.352% cheaper against OKX than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43310.0100pay 0.0100% / 8h7h 18m$4.1M$9.1M50x
ShortPacifica LDO0.43190.0100get 0.0013% / 1h18m 12s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.279% → +0.074%
−$35.25
Slippage, 4 orders
−$49.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$102.56
Costs to cover
0.673%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Pacifica: live order book, 55 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, 5 min ago1.16 bp16.2 bp −$1659.4 bp −$594doesn't fitdoesn't fit
Sell Pacifica live order book, 55 min ago5.82 bp19.2 bp −$19doesn't fitdoesn'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−0.0752%1h0.4323−0.185%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.254%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.103%$4K$1412xas long as short
BloFin LDO-USDT+0.0086%8h0.4319−0.277%$790K$217K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4316−0.339%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4338+0.157%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4323−0.193%$170K$149K10xas long as short
Pacifica LDOshort+0.0100%1h0.4319−0.279%$111K$178K10x
Binance LDOUSDT+0.0100%8h0.4333+0.044%$18.2M$37.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.43310.000%$16.4M$12.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPlong+0.0100%8h0.4331long leg$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4333+0.046%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4335+0.092%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.43310.000%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4335+0.092%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334+0.069%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4335+0.092%$89K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4309−0.513%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4313−0.414%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.485%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4323−0.175%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4428+2.240%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4325−0.147%$263K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4329−0.058%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4335+0.082%$1.1M$526K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4326−0.113%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4319−0.280%$301K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0443%1h0.4330−0.023%$3K$10K25xas long as short
Lighter LDO+0.0592%1h0.4340+0.208%$881K$267K10xas long as short