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+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.014%
Price spread now: dYdX against Deribit+0.023%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 +$7 a day on $10k at the current rate, and dYdX is 0.023% 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-PERPETUAL0.4122−0.0235get 0.0029% / 1h6m 12s$7K$10K25x
ShortdYdX LDO-USD0.41230get 0.0000% / 1h6m 12s$79K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$49.34
Price spread: +0.023% → 0.000%
$2.25
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$34.6
Costs to cover
0.170%
Break-even
2.1 days
Slippage unknown: Deribit: no order-book sample; dYdX: 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 dYdX no order-book sample
Deribit and dYdX: 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%1h0.4099−0.558%$112K$47K50xas long as short
Deribit LDO_USDC-PERPETUALlong−0.0235%1h0.4122long leg$7K$10K25x
dYdX LDO-USDshort0.0000%1h0.4123+0.023%$79K$2K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−0.291%$4K$1012xas long as short
Lighter LDO+0.0096%1h0.4129+0.165%$828K$251K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4119−0.065%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4123+0.022%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4126+0.102%$162K$53K10xas long as short
Pacifica LDO+0.0100%1h0.4124+0.049%$104K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4123+0.018%$17.3M$30.6M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4120−0.049%$15.9M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4120−0.049%$3.9M$5.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4125+0.073%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4123+0.024%$6.3M$5.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4121−0.024%$2.5M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4124+0.049%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4121−0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4122−0.005%$84K$166K10xas long as short
Variational Omni LDO+0.0100%8h0.4118−0.085%$196K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4122+0.005%$290K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4120−0.049%$20K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4125+0.085%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4218+2.329%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4121−0.032%$254K$1.5M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4122−0.001%$36K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4121−0.024%$869K$267K75xas long as short
Reya LDORUSDPERP+0.0350%1h0.4121−0.020%$287K15xas long as short
Kraken Futures PF_LDOUSD+0.0367%1h0.4125+0.080%$1.0M$724K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0383% / S −0.0308%1h0.4125+0.065%$29K100xas long as short