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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%
Price spread now: ApeX Omni against dYdX+0.276%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 7 days+0.189%+$19 on $10k
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 +$3 a day on $10k at the current rate, and ApeX Omni is 0.276% dearer against dYdX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42580get 0.0000% / 1h39m 22s$82K$5K5x
ShortApeX Omni LDOUSDT0.42700.0100get 0.0013% / 1h39m 22s$33K$639K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: +0.276% → 0.000%
$27.63
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$28.63
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 19 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 dYdX no order-book sample
Sell ApeX Omni live order book, 19 min ago7.03 bp14.5 bp −$1591.5 bp −$915doesn't fitdoesn't fit
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 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−0.0416%1h0.4254−0.099%$118K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4258long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4266+0.182%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.481%$4K$1312xas long as short
BloFin LDO-USDT+0.0070%8h0.4267+0.206%$914K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4254−0.093%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4258+0.004%$11.6M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4261+0.066%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4262+0.088%$109K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4258+0.002%$17.9M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4253−0.123%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4251−0.170%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4258−0.005%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4256−0.052%$7.6M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4258−0.005%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4257−0.029%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4256−0.052%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4263+0.110%$91K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4263+0.105%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4266+0.171%$305K$3.4M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4270+0.276%$33K$639K50x
Polymarket Perps LDO-USD+0.0100%1h0.4258+0.004%$22K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4374+2.719%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4252−0.154%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4265+0.169%$38K3xas long as short
Lighter LDO+0.0136%1h0.4271+0.302%$868K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4256−0.059%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4256−0.062%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0494%1h0.4268+0.227%$1.1M$684K50xas long as short