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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Paradex against Variational Omni+0.038%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Paradex: 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: Paradex is 0.038% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LDO0.42220.0100pay 0.0100% / 8h1h 07m$197K$62K
ShortParadex LDO-USD-PERP0.42230.0100get 0.0100% / 8h1h 07m$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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
−$0.01
Price spread: +0.038% → 0.000%
$3.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$0.23
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Paradex: 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 Variational Omni RFQ quote, 36 min ago4.72 bpdoesn't fit35.4 bp −$354doesn't fitdoesn't fit
Sell Paradex no order-book sample
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
Coinbase International LDO-PERP-INTX−0.0648%1h0.4193−0.680%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4224+0.059%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.646%$4K$1112xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4223+0.038%$3K20x
Hyperliquid LDO+0.0100%1h0.4235+0.307%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4230+0.203%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4226+0.100%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4231+0.218%$17.7M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4229+0.172%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4231+0.220%$4.0M$6.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4228+0.149%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4228+0.149%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4229+0.172%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4226+0.101%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4228+0.149%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4228+0.151%$89K$175K10xas long as short
Variational Omni LDOlong+0.0100%8h0.4222long leg$197K$62K
GRVT LDO_USDT_Perp+0.0100%8h0.4226+0.101%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.196%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4232+0.253%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4327+2.494%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4222+0.002%$256K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4228+0.143%$37K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4228+0.149%$888K$258K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0223%1h0.4229+0.172%$7K$20K25xas long as short
Lighter LDO+0.0312%1h0.4234+0.281%$853K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4231+0.223%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4228+0.146%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0380%1h0.4231+0.229%$1.1M$705K50xas long as short