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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.393%
Price spread now: Injective against dYdX−4.558%7-day average · you buy dearer than you sell
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−1.260%−$126 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 4.558% cheaper against dYdX than usual: you would sell low and buy high (spread −4.558% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$456 on $10k: about 15 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −1.260%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43060get 0.0000% / 1h27m 46s$83K$17K5x
ShortInjective LDO/USDC PERP0.41100.0033get 0.0004% / 1h27m 46s$4K$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: −4.558% → 0.000%
−$455.84
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$458.86
Costs to cover
0.100%
Break-even
465.9 days
Slippage unknown: dYdX: no order-book sample; Injective: 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 Injective no order-book sample
dYdX and Injective: 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−0.0752%1h0.4301−0.123%$117K$53K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4306long leg$83K$17K5x
Injective LDO/USDC PERPshort+0.0033%1h0.4110−4.558%$4K$1412x
Paradex LDO-USD-PERP+0.0100%8h0.4309+0.062%$3K$4020xas long as short
Hyperliquid LDO+0.0100%1h0.4309+0.070%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4313+0.167%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4310+0.086%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4309+0.069%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4306−0.007%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4305−0.030%$4.1M$9.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4307+0.016%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4309+0.063%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4310+0.086%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4306−0.007%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4308+0.039%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312+0.123%$88K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4302−0.104%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4305−0.035%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.086%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311+0.121%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4410+2.408%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4304−0.057%$263K$1.6M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4314+0.167%$38K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4307+0.016%$791K$221K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4316+0.217%$1.1M$526K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310+0.091%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4306−0.004%$300K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0446%1h0.4315+0.202%$3K$10K25xas long as short
Lighter LDO+0.0664%1h0.4322+0.355%$877K$267K10xas long as short