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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Paradex−0.035%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: Gate is 0.035% cheaper against Paradex than usual: you would sell low and buy high, −$4 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-PERP0.43390.0100pay 0.0100% / 8h28m 03s$3K$5620x
ShortGate LDO_USDT0.43370.0100get 0.0100% / 8h28m 03s$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: −0.035% → 0.000%
−$3.54
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$22.53
Costs to cover
0.190%
Break-even
31565.7 days
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago3.46 bp31.0 bp −$31148.6 bp −$1,486doesn'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%1h0.4110−5.268%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4332−0.151%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4340+0.034%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4339+0.011%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4339+0.017%$1.1M$525K50xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4339long leg$3K$5620x
Hyperliquid LDO+0.0100%1h0.4342+0.080%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4341+0.061%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4339+0.020%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4332−0.151%$18.1M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4329−0.220%$16.4M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4329−0.220%$4.1M$9.1M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4337−0.035%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4338−0.012%$8.4M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4339+0.011%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4335−0.081%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4340+0.034%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4337−0.026%$88K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4337−0.035%$203K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4341+0.057%$308K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.264%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4341+0.050%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4437+2.270%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4334−0.106%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4338−0.003%$38K3xas long as short
BloFin LDO-USDT+0.0128%8h0.4343+0.103%$792K$220K75xas long as short
Lighter LDO+0.0224%1h0.4347+0.193%$882K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4339+0.011%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4334−0.104%$302K15xas long as short