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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Paradex−0.028%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 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: Binance is 0.028% cheaper against Paradex than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.42870.0100pay 0.0100% / 8h3h 59m$3K20x
ShortBinance LDOUSDT0.42860.0100get 0.0100% / 8h3h 59m$18.0M$30.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0.03
Price spread: −0.028% → 0.000%
−$2.8
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.78
Costs to cover
0.140%
Break-even
4231.4 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago1.17 bp10.8 bp −$1118.6 bp −$186114.9 bp −$11.5Kdoesn'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
Coinbase International LDO-PERP-INTX−0.0416%1h0.4286−0.028%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4281−0.140%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.133%$4K$1312xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4287long leg$3K20x
Hyperliquid LDO+0.0100%1h0.4289+0.049%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4292+0.115%$169K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4289+0.042%$110K$26K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4286−0.028%$18.0M$30.9M75x
Bybit LDOUSDT+0.0100%8h0.4284−0.075%$16.1M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4285−0.051%$4.0M$6.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4288+0.019%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4287−0.005%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4288+0.019%$2.8M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4284−0.075%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4289+0.042%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4286−0.023%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4284−0.080%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4276−0.261%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.168%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4290+0.077%$23K$511K5xas long as short
SunX LDO-USDT+0.0100%8h0.4391+2.421%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4283−0.096%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4288+0.016%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4283−0.098%$913K$253K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0217%1h0.4289+0.042%$7K$20K25xas long as short
Lighter LDO+0.0304%1h0.4296+0.212%$875K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4287−0.008%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4286−0.020%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0492%1h0.4289+0.035%$1.2M$678K50xas long as short