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+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.302%
Price spread now: Extended against Coinbase International+0.077%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.649%+$65 on $10k
Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.077%, 7d avg −0.015%
Together, before fees+0.273%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.092% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4253−0.0352get 0.0044% / 1h26m 49s$118K$41K50x
ShortExtended LDO-USD0.42560.0104get 0.0013% / 1h26m 49s$255K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
$95.76
Price spread: +0.077% → −0.015%
$9.15
Slippage, 4 orders
−$63.06
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$26.85
Costs to cover
0.781%
Break-even
5.0 days
Slippage from Coinbase International: live order book, 26 min ago; Extended: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 26 min ago16.32 bp23.6 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 1 min ago5.87 bp15.0 bp −$1559.5 bp −$595doesn'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-INTXlong−0.0352%1h0.4253long leg$118K$41K50x
dYdX LDO-USD0.0000%1h0.4261+0.194%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.362%$4K$1312xas long as short
BloFin LDO-USDT+0.0077%8h0.4262+0.212%$907K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4255+0.041%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4262+0.216%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4265+0.282%$168K$100K10xas long as short
Pacifica LDO+0.0100%1h0.4260+0.159%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4262+0.212%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4259+0.141%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4259+0.141%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4262+0.212%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4258+0.118%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4261+0.188%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4258+0.118%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4261+0.188%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4258+0.113%$90K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4274+0.488%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4265+0.282%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270+0.400%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4261+0.188%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4357+2.445%$1K$1.2M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4256+0.077%$255K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4258+0.123%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0220%1h0.4259+0.141%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4257+0.102%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4257+0.082%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4262+0.206%$1.1M$653K50xas long as short
Lighter LDO+0.0464%1h0.4268+0.360%$874K$250K10xas long as short