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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0234%/8h= +25.7% APRpaid last 24h +0.066%
Price spread now: Reya against OKX+0.045%7-day average −0.009% · 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)+0.180%+$18 on $10k
Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.045%, 7d avg −0.009%
Together, before fees+0.191%+ Points / potential airdropReya: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.055% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43660.0100pay 0.0100% / 8h48m 10s$4.1M$9.1M50x
ShortReya LDORUSDPERP0.43680.0334get 0.0042% / 1h48m 10s$305K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.24
Price spread: +0.045% → −0.009%
$5.46
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$38.7
Costs to cover
0.160%
Break-even
1.5 days
Slippage unknown: OKX: live order book, 5 min ago; Reya: 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, 5 min ago1.15 bp14.7 bp −$1550.2 bp −$502doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Injective LDO/USDC PERP−0.5000%1h0.4110−5.863%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4373+0.160%$119K$56K50xas long as short
dYdX LDO-USD0.0000%1h0.4376+0.235%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4372+0.137%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4373+0.168%$1.1M$529K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4368+0.035%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4377+0.252%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4373+0.153%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4373+0.160%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4371+0.115%$18.2M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4367+0.023%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4366long leg$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4372+0.137%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4371+0.115%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4371+0.115%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4373+0.160%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4370+0.092%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4371+0.105%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4372+0.136%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4377+0.252%$311K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4380+0.321%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4373+0.151%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4471+2.405%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4367+0.016%$263K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4372+0.138%$39K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4373+0.160%$791K$221K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4372+0.138%$24K100xas long as short
Reya LDORUSDPERPshort+0.0334%1h0.4368+0.045%$305K15x
Lighter LDO+0.0472%1h0.4380+0.318%$888K$268K10xas long as short