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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0228%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h −0.015%
Price spread now: Deribit against dYdX+0.184%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 Deribit is 0.184% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.41800get 0.0000% / 1h27m 54s$80K$5K5x
ShortDeribit LDO_USDC-PERPETUAL0.41880.0228get 0.0028% / 1h27m 54s$7K$20K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$47.83
Price spread: +0.184% → 0.000%
$18.42
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$49.25
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Deribit: 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 dYdX no order-book sample
Sell Deribit no order-book sample
dYdX and 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 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−0.0952%1h0.4180−0.007%$114K$41K50xas long as short
Kraken Futures PF_LDOUSD−0.0371%1h0.4187+0.159%$1.1M$742K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4180long leg$80K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−1.682%$4K$1112xas long as short
BloFin LDO-USDT+0.0080%8h0.4181+0.017%$882K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4177−0.069%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4192+0.280%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4190+0.238%$165K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4179−0.030%$105K$29K10xas long as short
Binance LDOUSDT+0.0100%8h0.4190+0.243%$17.8M$31.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4186+0.136%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4190+0.232%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4185+0.112%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4190+0.232%$6.9M$5.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4188+0.184%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4188+0.184%$3.2M$2.9M75xas long as short
BingX LDO-USDT+0.0100%8h0.4188+0.184%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4188+0.177%$87K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4176−0.107%$200K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4181+0.008%$293K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4180−0.007%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4179−0.031%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4282+2.433%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4187+0.150%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4184+0.088%$37K3xas long as short
Lighter LDO+0.0192%1h0.4194+0.323%$846K$273K10xas long as short
Deribit LDO_USDC-PERPETUALshort+0.0228%1h0.4188+0.184%$7K$20K25x
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4180−0.004%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4178−0.058%$291K15xas long as short