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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.040%
Price spread now: BloFin against Deribit+0.024%7-day average · 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 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.024% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.4152−0.0231get 0.0029% / 1h51m 06s$7K$10K25x
ShortBloFin LDO-USDT0.41530.0117get 0.0117% / 8h5h 51m$879K$266K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$73.14
Price spread: +0.024% → 0.000%
$2.41
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$56.55
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 58 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 Deribit no order-book sample
Sell BloFin live order book, 58 min ago7.26 bp13.3 bp −$1314.4 bp −$14471.5 bp −$7,150doesn't fit
Deribit: 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 exchanges

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−0.0384%1h0.4139−0.313%$114K$47K50xas long as short
Deribit LDO_USDC-PERPETUALlong−0.0231%1h0.4152long leg$7K$10K25x
dYdX LDO-USD0.0000%1h0.4157+0.120%$80K$2K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.012%$4K$1012xas long as short
Backpack LDO_USDC_PERP+0.0059%1h0.4153+0.026%$84K$171K10xas long as short
Lighter LDO+0.0096%1h0.4160+0.193%$839K$243K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4150−0.052%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4157+0.111%$11.4M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4158+0.147%$163K$54K10xas long as short
Pacifica LDO+0.0100%1h0.4153+0.024%$105K$7K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4153+0.017%$17.5M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4151−0.024%$16.0M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.41520.000%$4.0M$5.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4155+0.072%$1.6M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4153+0.024%$6.3M$5.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4153+0.024%$2.6M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4151−0.024%$3.2M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4154+0.048%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4160+0.203%$198K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4159+0.166%$294K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4160+0.193%$31K$632K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4156+0.096%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4252+2.408%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4149−0.070%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4153+0.012%$37K3xas long as short
BloFin LDO-USDTshort+0.0117%8h0.4153+0.024%$879K$266K75x
Reya LDORUSDPERP+0.0349%1h0.4150−0.047%$289K15xas long as short
Kraken Futures PF_LDOUSD+0.0364%1h0.4155+0.081%$1.0M$744K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0384% / S −0.0308%1h0.4157+0.126%$29K100xas long as short