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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Pacifica−0.010%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.010%, 7d avg −0.014%
Together, before fees−0.205%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.43330.0100pay 0.0013% / 1h12m 47s$111K$182K10x
ShortBinance LDOUSDT0.43330.0100get 0.0100% / 8h2h 12m$18.1M$38.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.010% → −0.014%
$0.35
Slippage, 4 orders
−$30.23
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.88
Costs to cover
0.482%
Break-even
never at this rate
Slippage from Pacifica: live order book, 10 min ago; Binance: live order book, 14 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, 10 min ago3.44 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.15 bp8.2 bp −$826.0 bp −$260130.7 bp −$13.1Kdoesn'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−0.0688%1h0.4290−0.995%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4343+0.228%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0211%1h0.4341+0.182%$3K$10K25xas long as short
dYdX LDO-USD+0.0016%1h0.4359+0.594%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.457%$4K$1112xas long as short
BloFin LDO-USDT+0.0082%8h0.4338+0.113%$794K$229K75xas long as short
Lighter LDO+0.0096%1h0.4348+0.350%$882K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4342+0.216%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4339+0.133%$12.1M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4341+0.180%$171K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDOlong+0.0100%1h0.4333long leg$111K$182K10x
Binance LDOUSDTshort+0.0100%8h0.4333−0.010%$18.1M$38.0M75x
Bybit LDOUSDT+0.0100%8h0.4332−0.026%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4330−0.072%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4337+0.090%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4333−0.003%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4341+0.182%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4338+0.113%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4335+0.043%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4339+0.131%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4352+0.443%$203K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4355+0.506%$310K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.390%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4346+0.288%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4443+2.536%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4334+0.012%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4342+0.202%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4346+0.292%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4341+0.190%$303K15xas long as short