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+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h +0.069%
Price spread now: Reya against ApeX Omni−0.296%63s7-day average −0.172% · 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)+0.185%+$18 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.296%, 7d avg −0.172%
Together, before fees+0.142%+ Points / potential airdropReya: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.125% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.296% now, against its 7-day average of −0.172%). If the spread goes back, that is −$12 on $10k: about 42 hours of funding at the current rate (+$7 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42900.0100pay 0.0013% / 1h15m 46s$33K$641K50x
ShortReya LDORUSDPERP0.42770.0338get 0.0042% / 1h15m 46s$298K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against ApeX 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
$49.94
Price spread: −0.296% → −0.172%
−$12.46
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.49
Costs to cover
0.160%
Break-even
4.0 days
Slippage unknown: ApeX Omni: live order book, 52 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 ApeX Omni live order book, 52 min ago6.90 bp15.6 bp −$16109.7 bp −$1,097doesn'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 28 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%1h0.4264−0.606%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4280−0.233%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4279−0.256%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.196%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4275−0.348%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4283−0.166%$11.7M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4282−0.175%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4281−0.208%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4281−0.215%$17.9M$33.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4277−0.303%$16.1M$10.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4277−0.303%$4.0M$7.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4281−0.210%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4280−0.233%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4281−0.210%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4278−0.280%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4280−0.233%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4281−0.212%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4276−0.333%$201K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4287−0.070%$307K$3.4M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4290long leg$33K$641K50x
Polymarket Perps LDO-USD+0.0100%1h0.4283−0.175%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4385+2.214%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4276−0.321%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4280−0.227%$38K3xas long as short
Lighter LDO+0.0264%1h0.4289−0.021%$871K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4278−0.275%$23K100xas long as short
Reya LDORUSDPERPshort+0.0338%1h0.4277−0.296%$298K15x
Kraken Futures PF_LDOUSD+0.0562%1h0.4283−0.163%$1.2M$778K50xas long as short