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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.067%
Price spread now: Reya against Paradex−0.188%47s7-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 · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.188% cheaper against Paradex than usual: you would sell low and buy high (spread −0.188% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2.6 days of funding at the current rate (+$7 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.43030.0100pay 0.0100% / 8h5h 33m$3K20x
ShortReya LDORUSDPERP0.42950.0339get 0.0042% / 1h33m 48s$300K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$50.2
Price spread: −0.188% → 0.000%
−$18.8
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.4
Costs to cover
0.100%
Break-even
4.0 days
Slippage unknown: Paradex: no order-book sample; Reya: 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 Reya no order-book sample
Paradex and Reya: 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−0.0512%1h0.4259−1.014%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−0.061%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4299−0.084%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.477%$4K$1312xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4303long leg$3K20x
Hyperliquid LDO+0.0100%1h0.4306+0.090%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4303+0.006%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4305+0.065%$111K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4305+0.055%$18.0M$31.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4302−0.015%$16.2M$10.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4302−0.015%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4303+0.009%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4305+0.055%$7.8M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4306+0.078%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4303+0.009%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302−0.015%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4306+0.088%$106K$157K10xas long as short
Variational Omni LDO+0.0100%8h0.4297−0.139%$202K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4288−0.346%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.294%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4302−0.022%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4400+2.263%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4300−0.072%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4298−0.101%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4302−0.015%$917K$256K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4298−0.118%$23K100xas long as short
Reya LDORUSDPERPshort+0.0339%1h0.4295−0.188%$300K15x
Lighter LDO+0.0400%1h0.4314+0.260%$876K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0574%1h0.4308+0.124%$1.2M$693K50xas long as short