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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0237%/8h= +26.0% APRpaid last 24h +0.066%
Price spread now: Reya against SunX−2.319%7-day average −2.372% · 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)+0.174%+$17 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now −2.319%, 7d avg −2.372%
Together, before fees+0.177%+ Points / potential airdropReya: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −2.372%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43930.0100pay 0.0100% / 8h6h 49m$2K$1.3M20x
ShortReya LDORUSDPERP0.42910.0337get 0.0042% / 1h49m 17s$299K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SunX. 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
$49.79
Price spread: −2.319% → −2.372%
$5.28
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$41.07
Costs to cover
0.140%
Break-even
1.2 days
Slippage unknown: SunX: live order book, 5 min ago; 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 SunX live order book, 5 min ago243.90 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
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−0.0416%1h0.4292−2.299%$119K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−2.117%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4292−2.299%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−6.442%$4K$1312xas long as short
Lighter LDO+0.0096%1h0.4306−1.983%$874K$267K10xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4293−2.284%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4298−2.174%$11.9M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4299−2.143%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4299−2.140%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4295−2.227%$18.0M$34.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4291−2.322%$16.2M$11.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4295−2.231%$4.0M$8.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4292−2.299%$1.5M$950K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4294−2.254%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4294−2.254%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4289−2.367%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4291−2.322%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4299−2.142%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4293−2.280%$202K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4285−2.458%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−2.117%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4294−2.251%$23K$717K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4393long leg$2K$1.3M20x
Extended LDO-USD+0.0104%1h0.4288−2.379%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4294−2.265%$38K3xas long as short
BloFin LDO-USDT+0.0118%8h0.4300−2.117%$918K$241K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4291−2.317%$23K100xas long as short
Reya LDORUSDPERPshort+0.0337%1h0.4291−2.319%$299K15x
Kraken Futures PF_LDOUSD+0.0560%1h0.4300−2.126%$1.2M$750K50xas long as short