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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0245%/8h= +26.8% APRpaid last 24h +0.068%
Price spread now: Reya against BingX+0.062%7-day average −0.035% · 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 3 days (all we have)+0.200%+$20 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.062%, 7d avg −0.035%
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 0.097% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42040.0100pay 0.0100% / 8h1h 00m$10.1M
ShortReya LDORUSDPERP0.42070.0345get 0.0043% / 1h0m 51s$293K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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
$51.41
Price spread: +0.062% → −0.035%
$9.72
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$45.12
Costs to cover
0.160%
Break-even
0.9 days
Slippage unknown: BingX: live order book, 7 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 BingX live order book, 7 min ago2.37 bp13.1 bp −$1322.9 bp −$229188.7 bp −$18.9K431.4 bp −$215.7K
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−0.0648%1h0.4193−0.262%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4217+0.315%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4209+0.119%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.236%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4207+0.065%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4208+0.102%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4206+0.049%$165K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4212+0.191%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4205+0.024%$17.6M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4202−0.048%$15.9M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.42040.000%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4203−0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42040.000%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4206+0.048%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4205+0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4204long leg$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4206+0.043%$89K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4204−0.006%$196K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4219+0.357%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.618%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4211+0.164%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4307+2.450%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4202−0.057%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4209+0.123%$37K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4215+0.262%$888K$258K75xas long as short
Lighter LDO+0.0304%1h0.4218+0.324%$850K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4208+0.092%$23K100xas long as short
Reya LDORUSDPERPshort+0.0345%1h0.4207+0.062%$293K15x
Kraken Futures PF_LDOUSD+0.0381%1h0.4212+0.201%$1.1M$706K50xas long as short