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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0721%/8h= +79.0% APRnext payment +$0.90 per $10,000 · paid last 24h +0.028%
Price spread now: Injective against Coinbase International−0.466%7-day average · 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 7 days−0.695%−$70 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.466% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.466% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 2.2 days of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.695%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4290−0.0688get 0.0086% / 1h5m 10s$116K$54K50x
ShortInjective LDO/USDC PERP0.42700.0033get 0.0004% / 1h5m 10s$4K$1112x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$151.48
Price spread: −0.466% → 0.000%
−$46.62
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$94.84
Costs to cover
0.100%
Break-even
2.6 days
Slippage unknown: Coinbase International: live order book, 18 min ago; Injective: 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 Coinbase International live order book, 18 min ago14.91 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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-INTXlong−0.0688%1h0.4290long leg$116K$54K50x
Deribit LDO_USDC-PERPETUAL−0.0450%1h0.4280−0.233%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD−0.0332%1h0.4281−0.210%$1.1M$564K50xas long as short
dYdX LDO-USD+0.0014%1h0.4332+0.972%$84K$17K5xas long as short
Injective LDO/USDC PERPshort+0.0033%1h0.4270−0.466%$4K$1112x
BloFin LDO-USDT+0.0096%8h0.4283−0.163%$787K$226K75xas long as short
Lighter LDO+0.0096%1h0.4293+0.065%$870K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4318+0.647%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4285−0.112%$11.8M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4311+0.494%$170K$149K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4321+0.723%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4283−0.174%$17.8M$38.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4282−0.186%$16.6M$13.3M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4279−0.256%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4281−0.210%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4285−0.117%$8.5M$7.7M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4279−0.256%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4279−0.256%$3.3M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4283−0.163%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4282−0.184%$85K$185K10xas long as short
Variational Omni LDO+0.0100%8h0.4321+0.730%$202K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4334+1.020%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+0.932%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4320+0.709%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4421+3.054%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4263−0.618%$256K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4286−0.103%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4305+0.344%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4315+0.580%$301K15xas long as short