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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.068%
Price spread now: Binance against Reya+0.057%7-day average +0.073% · 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 3 days (all we have)−0.200%−$20 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.057%, 7d avg +0.073%
Together, before fees−0.257%+ Points / potential airdropReya: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42250.0344pay 0.0043% / 1h37m 03s$295K15x
ShortBinance LDOUSDT0.42270.0100get 0.0100% / 8h1h 37m$17.7M$30.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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
−$51.24
Price spread: +0.057% → +0.073%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$68.85
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Binance: 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 Reya no order-book sample
Sell Binance live order book, 4 min ago1.18 bp9.4 bp −$920.2 bp −$20291.5 bp −$9,146doesn't fit
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−0.0648%1h0.4206−0.441%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4230+0.127%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4226+0.033%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.713%$4K$1112xas long as short
BloFin LDO-USDT+0.0076%8h0.4227+0.056%$893K$258K75xas long as short
Lighter LDO+0.0096%1h0.4229+0.111%$852K$270K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4225+0.003%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4224−0.015%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4229+0.098%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4226+0.033%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDTshort+0.0100%8h0.4227+0.057%$17.7M$30.9M75x
Bybit LDOUSDT+0.0100%8h0.4219−0.133%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4219−0.133%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4223−0.038%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4223−0.038%$6.7M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4225+0.009%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4224−0.015%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4224−0.015%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4223−0.048%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4223−0.044%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4228+0.080%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.127%$31K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4230+0.122%$22K$370K5xas long as short
SunX LDO-USDT+0.0100%8h0.4327+2.423%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4222−0.063%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4226+0.029%$37K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4227+0.056%$23K100xas long as short
Reya LDORUSDPERPlong+0.0344%1h0.4225long leg$295K15x
Kraken Futures PF_LDOUSD+0.0380%1h0.4228+0.073%$1.1M$697K50xas long as short