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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0351%/8h= −38.4% APRnext payment $0.44 per $10,000 · paid last 24h +0.046%
Price spread now: Aevo against Deribit−0.023%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aevo is 0.023% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.42600.0455pay 0.0057% / 1h25m 22s$7K$20K25x
ShortAevo LDO-PERP0.42590.0104get 0.0013% / 1h25m 22s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
−$73.65
Price spread: −0.023% → 0.000%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$99
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample
Sell Aevo no order-book sample
Deribit and Aevo: 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−0.0352%1h0.4253−0.164%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4257−0.066%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.521%$4K$1312xas long as short
BloFin LDO-USDT+0.0077%8h0.4262+0.047%$907K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4252−0.181%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4257−0.063%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4258−0.057%$167K$100K10xas long as short
Pacifica LDO+0.0100%1h0.4256−0.088%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4255−0.117%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4251−0.211%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4253−0.164%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4256−0.094%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4254−0.141%$7.6M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4256−0.094%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4252−0.188%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4255−0.117%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4259−0.033%$90K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4256−0.101%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4265+0.117%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.42600.000%$32K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4256−0.082%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4356+2.254%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4252−0.193%$255K$1.3M25xas long as short
Aevo LDO-PERPshort+0.0104%1h0.4259−0.023%$38K3x
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4258−0.050%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4251−0.205%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4262+0.048%$1.1M$653K50xas long as short
Deribit LDO_USDC-PERPETUALlong+0.0455%1h0.4260long leg$7K$20K25x
Lighter LDO+0.0464%1h0.4266+0.131%$873K$250K10xas long as short