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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Pacifica−0.050%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.050%, 7d avg +0.037%
Together, before fees+0.128%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$13 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: Aster is 0.086% cheaper against Pacifica than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42890.0100pay 0.0013% / 1h56m 54s$110K$178K10x
ShortAster LDOUSDT0.42870.0100get 0.0100% / 8h6h 56m$169K$134K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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: −0.050% → +0.037%
−$8.62
Slippage, 4 orders
−$72.83
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$97.45
Costs to cover
0.888%
Break-even
never at this rate
Slippage from Pacifica: live order book, 11 min ago; Aster: live order book, 9 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 Pacifica live order book, 11 min ago6.90 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 9 min ago9.24 bp18.2 bp −$18doesn'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−0.0416%1h0.4289−0.010%$119K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4290+0.019%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4288−0.033%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.183%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4287−0.049%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4284−0.138%$11.8M$3.9M5xas long as short
Aster LDOUSDTshort+0.0100%8h0.4287−0.050%$169K$134K10x
Pacifica LDOlong+0.0100%1h0.4289long leg$110K$178K10x
Binance LDOUSDT+0.0100%8h0.4279−0.245%$18.0M$34.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4274−0.359%$16.1M$11.3M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4271−0.429%$4.0M$8.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4280−0.219%$1.4M$939K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4277−0.289%$7.8M$7.1M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4281−0.196%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4281−0.196%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4281−0.196%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4279−0.248%$201K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4293+0.080%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.014%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4290+0.016%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4383+2.182%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4270−0.453%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4285−0.097%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4284−0.126%$920K$208K75xas long as short
Backpack LDO_USDC_PERP+0.0181%1h0.4281−0.191%$88K$153K10xas long as short
Lighter LDO+0.0240%1h0.4293+0.091%$871K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4287−0.054%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4282−0.170%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0561%1h0.4287−0.052%$1.1M$507K50xas long as short