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 −0.003%
Price spread now: ApeX Omni against Paradex+0.286%50s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.286% dearer against Paradex than usual: you sell high and buy low, +$29 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.43680.0100pay 0.0100% / 8h48m 26s$3K$5620x
ShortApeX Omni LDOUSDT0.43800.0100get 0.0013% / 1h48m 26s$35K$648K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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
$0.01
Price spread: +0.286% → 0.000%
$28.55
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$14.56
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 30 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 Paradex no order-book sample
Sell ApeX Omni live order book, 30 min ago6.92 bp17.3 bp −$1797.5 bp −$975doesn't fitdoesn't fit
Paradex: 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 PERP−0.5000%1h0.4110−5.896%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4373+0.125%$119K$56K50xas long as short
dYdX LDO-USD0.0000%1h0.4376+0.200%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4372+0.102%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4379+0.270%$1.1M$528K50xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4368long leg$3K$5620x
Hyperliquid LDO+0.0100%1h0.4375+0.166%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4373+0.126%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4373+0.125%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4371+0.079%$18.2M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4367−0.012%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4366−0.035%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4372+0.102%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4371+0.079%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4371+0.079%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4373+0.125%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4370+0.057%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4377+0.212%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4372+0.101%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4377+0.217%$311K$3.4M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4380+0.286%$35K$648K50x
Polymarket Perps LDO-USD+0.0100%1h0.4373+0.116%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4471+2.369%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4367−0.019%$263K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4372+0.103%$39K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4373+0.125%$791K$221K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4372+0.103%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4368+0.010%$305K15xas long as short
Lighter LDO+0.0472%1h0.4382+0.336%$889K$268K10xas long as short