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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Pacifica−0.070%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.070%, 7d avg −0.072%
Together, before fees−0.096%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.43010.0100pay 0.0013% / 1h7m 12s$110K$178K10x
ShortOKX LDO-USDT-SWAP0.42980.0100get 0.0100% / 8h7m 12s$4.1M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.070% → −0.072%
$0.25
Slippage, 4 orders
−$42.13
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$59.88
Costs to cover
0.601%
Break-even
never at this rate
Slippage from Pacifica: live order book, 6 min ago; OKX: live order book, 6 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, 6 min ago5.82 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 6 min ago1.17 bp12.0 bp −$1246.5 bp −$465doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−4.441%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4283−0.419%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−0.023%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4304+0.081%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4299−0.053%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4303+0.051%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4306+0.106%$169K$149K10xas long as short
Pacifica LDOlong+0.0100%1h0.4301long leg$110K$178K10x
Binance LDOUSDT+0.0100%8h0.4302+0.022%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4299−0.047%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.4298−0.070%$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4299−0.047%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4302+0.023%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4302+0.023%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4302+0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4300−0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4305+0.093%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4282−0.445%$200K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.049%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.023%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4301+0.012%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4404+2.395%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4297−0.083%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4302+0.016%$38K3xas long as short
BloFin LDO-USDT+0.0105%8h0.43010.000%$786K$219K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.43010.000%$3K$10K25xas long as short
Lighter LDO+0.0288%1h0.4310+0.214%$875K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4300−0.022%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4298−0.071%$300K15xas long as short