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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.067%
Price spread now: Reya against Aster−0.072%7-day average −0.115% · 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)+0.187%+$19 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.072%, 7d avg −0.115%
Together, before fees+0.279%+ Points / potential airdropAster: Stage 5 · Reya: Active · farm board+$28 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 0.042% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.42770.0100pay 0.0100% / 8h4h 17m$168K$120K10x
ShortReya LDORUSDPERP0.42740.0340get 0.0043% / 1h17m 20s$298K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Aster. 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
$50.5
Price spread: −0.072% → −0.115%
$4.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$40.74
Costs to cover
0.140%
Break-even
1.4 days
Slippage unknown: Aster: live order book, 39 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 Aster live order book, 39 min ago9.33 bp56.7 bp −$57doesn'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%1h0.4262−0.361%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4272−0.124%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.915%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4273−0.101%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4279+0.043%$11.7M$3.2M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4277long leg$168K$120K10x
Pacifica LDO+0.0100%1h0.4276−0.030%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4277−0.009%$18.0M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4274−0.081%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4275−0.057%$4.0M$6.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4273−0.104%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4276−0.034%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4276−0.034%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4276−0.034%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4275−0.057%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4272−0.132%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4267−0.239%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4271−0.151%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270−0.174%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279+0.027%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4379+2.374%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4275−0.060%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4278+0.007%$38K3xas long as short
BloFin LDO-USDT+0.0113%8h0.4270−0.174%$910K$252K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4279+0.036%$7K$20K25xas long as short
Lighter LDO+0.0224%1h0.4282+0.104%$871K$266K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4276−0.027%$23K100xas long as short
Reya LDORUSDPERPshort+0.0340%1h0.4274−0.072%$298K15x
Kraken Futures PF_LDOUSD+0.0493%1h0.4281+0.081%$1.2M$681K50xas long as short