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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against Paradex+0.218%7-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
The price spread pays, funding is against you. dYdX is 0.218% dearer against Paradex than usual: you sell high and buy low (spread +0.218% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.41040.0100pay 0.0100% / 8h4h 51m$3K20x
ShortdYdX LDO-USD0.41130get 0.0000% / 1h51m 51s$79K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.218% → 0.000%
$21.82
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$13.18
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; dYdX: 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 Paradex no order-book sample
Sell dYdX no order-book sample
Paradex and dYdX: 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 exchanges

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−0.0952%1h0.4084−0.487%$112K$47K50xas long as short
ApeX Omni LDOUSDT−0.0392%1h0.4120+0.390%$20K$637K50xas long as short
Injective LDO/USDC PERP−0.0384%1h0.4120+0.390%$4K$912xas long as short
dYdX LDO-USDshort0.0000%1h0.4113+0.218%$79K$2K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4106+0.049%$7K$10K25xas long as short
BloFin LDO-USDT+0.0072%8h0.4111+0.171%$866K$266K75xas long as short
Lighter LDO+0.0096%1h0.4113+0.217%$824K$224K10xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4104long leg$3K20x
Hyperliquid LDO+0.0100%1h0.4107+0.083%$11.2M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4108+0.096%$164K$56K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4109+0.124%$104K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4105+0.025%$17.2M$30.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4104+0.001%$15.9M$9.3M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4103−0.024%$3.9M$5.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4104+0.001%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4103−0.024%$6.3M$5.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4103−0.024%$2.5M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4104+0.001%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4103−0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4106+0.037%$83K$163K10xas long as short
Variational Omni LDO+0.0100%8h0.4111+0.181%$196K$48Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4113+0.220%$294K$3.4M10xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4109+0.120%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4204+2.437%$2K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4101−0.070%$249K$1.7M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4107+0.068%$36K3xas long as short
Kraken Futures PF_LDOUSD+0.0119%1h0.4109+0.121%$1.0M$723K50xas long as short
Reya LDORUSDPERP+0.0350%1h0.4104+0.005%$286K15xas long as short
GMX LDO/USD [ETH-USDC]L +0.0382% / S −0.0308%1h0.4107+0.079%$29K100xas long as short