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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: SunX against ApeX Omni+2.181%7-day average +2.201% · 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 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +2.181%, 7d avg +2.201%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.020% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +2.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.43100.0100pay 0.0013% / 1h50m 33s$35K$646K50x
ShortSunX LDO-USDT0.44040.0100get 0.0100% / 8h7h 50m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +2.181% → +2.201%
−$2.03
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.03
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 22 min ago; SunX: 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 ApeX Omni live order book, 22 min ago6.99 bp15.0 bp −$15105.0 bp −$1,050doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago252.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0752%1h0.4303−0.162%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4307−0.062%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4306−0.093%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.640%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4300−0.222%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4307−0.067%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4307−0.059%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4306−0.090%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4305−0.116%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4301−0.209%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4301−0.209%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4305−0.116%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4305−0.116%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4306−0.093%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4305−0.116%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302−0.186%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4303−0.169%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4299−0.247%$202K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4311+0.012%$306K$3.5M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4310long leg$35K$646K50x
Polymarket Perps LDO-USD+0.0100%1h0.4306−0.100%$23K$736K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4404+2.181%$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4301−0.212%$259K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4304−0.130%$38K3xas long as short
BloFin LDO-USDT+0.0121%8h0.4305−0.116%$787K$222K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4307−0.068%$1.1M$524K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4304−0.129%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4301−0.200%$300K15xas long as short
Lighter LDO+0.0464%1h0.4314+0.095%$876K$267K10xas long as short