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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.352%
Price spread now: SunX against Coinbase International+3.455%7-day average +2.391% · 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+0.709%+$71 on $10k
Price spread, last 3 days (all we have)−1.386%−$139 · spread now +3.455%, 7d avg +2.391%
Together, before fees−0.677%−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and SunX is 1.065% dearer against Coinbase International than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of +2.391%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4312−0.0600get 0.0075% / 1h5m 32s$117K$55K50x
ShortSunX LDO-USDT0.44610.0100get 0.0100% / 8h1h 05m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$147
Price spread: +3.455% → +2.391%
$106.46
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$235.46
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 12 min ago; SunX: live order book, 9 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 Coinbase International live order book, 12 min ago39.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago253.18 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
Injective LDO/USDC PERP−0.0851%1h0.4110−4.685%$4K$1412xas long as short
Coinbase International LDO-PERP-INTXlong−0.0600%1h0.4312long leg$117K$55K50x
dYdX LDO-USD0.0000%1h0.4343+0.728%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4356+1.020%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4353+0.962%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4363+1.180%$12.3M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4358+1.060%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4355+0.997%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4357+1.046%$18.1M$37.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4351+0.904%$16.5M$12.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4352+0.928%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4352+0.928%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4356+1.020%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4354+0.974%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4353+0.951%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4353+0.951%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4355+1.000%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4336+0.555%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4344+0.743%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.881%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4358+1.058%$23K$736K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4461+3.455%$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4350+0.890%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4357+1.044%$39K3xas long as short
BloFin LDO-USDT+0.0121%8h0.4351+0.904%$788K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0295%1h0.4357+1.036%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4357+1.050%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4353+0.950%$304K15xas long as short
Lighter LDO+0.0360%1h0.4363+1.190%$885K$268K10xas long as short