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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.009%
Price spread now: GMX against Paradex−0.012%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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.43780.0100pay 0.0100% / 8h50m 25s$3K$5620x
ShortGMX LDO/USD [ETH-USDC]0.4377L +0.0320% / S −0.0201%get 0.0025% / 1h50m 25s$24K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.27
Price spread: −0.012% → 0.000%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
$4.08
Costs to cover
0.160%
Break-even
5.7 days
Slippage unknown: Paradex: no order-book sample; GMX: 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 GMX no order-book sample
Paradex and GMX: 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%1h0.4110−6.112%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4384+0.147%$119K$56K50xas long as short
dYdX LDO-USD0.0000%1h0.4376−0.030%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4377−0.013%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4379+0.036%$1.1M$528K50xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4378long leg$3K$5620x
Hyperliquid LDO+0.0100%1h0.4385+0.177%$12.3M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4382+0.091%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4380+0.060%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4381+0.071%$18.2M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4377−0.013%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4372−0.127%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4377−0.013%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4381+0.078%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4381+0.078%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4376−0.036%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4376−0.036%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4377−0.006%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4372−0.128%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4370−0.174%$310K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4370−0.173%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4381+0.085%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4482+2.386%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4372−0.130%$263K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4376−0.041%$39K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4374−0.082%$791K$221K75xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4377−0.012%$24K100x
Reya LDORUSDPERP+0.0334%1h0.4374−0.076%$305K15xas long as short
Lighter LDO+0.0504%1h0.4390+0.282%$890K$268K10xas long as short