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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Hyperliquid against Pacifica+0.085%7-day average +0.066% · 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 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.085%, 7d avg +0.066%
Together, before fees−0.015%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42640.0100pay 0.0013% / 1h34m 45s$109K$26K10x
ShortHyperliquid LDO0.42680.0100get 0.0013% / 1h34m 45s$11.6M$3.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.085% → +0.066%
$1.88
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$15.12
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 18 min ago; Hyperliquid: live order book, 8 min ago. 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 Pacifica live order book, 18 min ago8.16 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.47 bpdoesn't fitdoesn'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−0.0352%1h0.4253−0.262%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4258−0.157%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.616%$4K$1312xas long as short
BloFin LDO-USDT+0.0087%8h0.4262−0.051%$911K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4263−0.034%$3K20xas long as short
Hyperliquid LDOshort+0.0100%1h0.4268+0.085%$11.6M$3.1M5x
Aster LDOUSDT+0.0100%8h0.4265+0.019%$168K$100K10xas long as short
Pacifica LDOlong+0.0100%1h0.4264long leg$109K$26K10x
Binance LDOUSDT+0.0100%8h0.4266+0.042%$17.9M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4263−0.028%$16.1M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4263−0.028%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4263−0.028%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4266+0.042%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4266+0.042%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4263−0.028%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4263−0.028%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4263−0.021%$91K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4259−0.127%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4260−0.097%$300K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270+0.136%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4267+0.057%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4359+2.223%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4260−0.104%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4263−0.021%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0219%1h0.4265+0.019%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4262−0.049%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4262−0.061%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4267+0.055%$1.1M$655K50xas long as short
Lighter LDO+0.0424%1h0.4274+0.218%$873K$248K10xas long as short