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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0951%/8h= −104.1% APRnext payment $1.19 per $10,000 · paid last 24h −0.329%
Price spread now: Injective against Pacifica−1.066%7-day average · you buy dearer than you sell
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−1.400%−$140 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Injective is 1.066% cheaper against Pacifica than usual: you would sell low and buy high (−$107 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.43160.0100pay 0.0013% / 1h54m 54s$111K$178K10x
ShortInjective LDO/USDC PERP0.4270−0.0851pay 0.0106% / 1h54m 54s$4K$1312x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$199.68
Price spread: −1.066% → 0.000%
−$106.58
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$314.28
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 28 min ago; Injective: 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 Pacifica live order book, 28 min ago3.44 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort−0.0851%1h0.4270−1.066%$4K$1312x
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−1.019%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4311−0.125%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4319+0.070%$3K$10K25xas long as short
Lighter LDO+0.0096%1h0.4328+0.266%$878K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4315−0.023%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4321+0.125%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4321+0.105%$170K$152K10xas long as short
Pacifica LDOlong+0.0100%1h0.4316long leg$111K$178K10x
Binance LDOUSDT+0.0100%8h0.4320+0.094%$18.0M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4315−0.023%$16.5M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4314−0.046%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4318+0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4319+0.070%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4319+0.070%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4315−0.023%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.43160.000%$3.9Mas long as short
Variational Omni LDO+0.0100%8h0.4306−0.229%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.398%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.371%$34K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4322+0.134%$23K$740K5xas long as short
SunX LDO-USDT+0.0100%8h0.4420+2.410%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4314−0.057%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4320+0.093%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4314−0.046%$789K$228K75xas long as short
Backpack LDO_USDC_PERP+0.0201%1h0.4319+0.070%$86K$186K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4321+0.114%$1.1M$564K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4320+0.085%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.43160.000%$301K15xas long as short