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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.028%
Price spread now: BloFin against dYdX+0.042%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+0.157%+$16 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 BloFin is 0.042% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42530get 0.0000% / 1h2m 49s$82K$5K5x
ShortBloFin LDO-USDT0.42550.0096get 0.0096% / 8h2h 02m$888K$260K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$20.24
Price spread: +0.042% → 0.000%
$4.15
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.39
Costs to cover
0.220%
Break-even
6.2 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 14 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 BloFin live order book, 14 min ago3.55 bp15.2 bp −$1528.5 bp −$28569.6 bp −$6,962doesn'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−0.0464%1h0.4192−1.440%$117K$41K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4253long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4257+0.089%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.368%$4K$1112xas long as short
BloFin LDO-USDTshort+0.0096%8h0.4255+0.042%$888K$260K75x
Paradex LDO-USD-PERP+0.0100%8h0.42530.000%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4259+0.126%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4257+0.090%$168K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4255+0.032%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4257+0.090%$17.8M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4252−0.029%$16.1M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4253−0.006%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4257+0.089%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4256+0.065%$7.1M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4256+0.065%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4256+0.065%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4255+0.042%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4257+0.091%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4254+0.024%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4254+0.021%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.159%$32K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4257+0.084%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4355+2.393%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4254+0.017%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4258+0.106%$38K3xas long as short
Lighter LDO+0.0232%1h0.4264+0.251%$859K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4254+0.030%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4253−0.017%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0593%1h0.4259+0.135%$1.1M$661K50xas long as short