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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.065%
Price spread now: Lighter against dYdX+0.201%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+0.259%+$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.201% dearer against dYdX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.41850get 0.0000% / 1h36m 30s$81K$5K5x
ShortLighter LDO0.41930.0248get 0.0031% / 1h36m 30s$845K$270K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$52.08
Price spread: +0.201% → 0.000%
$20.07
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$62.15
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 63 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 Lighter live order book, 63 min ago4.26 bp10.8 bp −$1142.7 bp −$427doesn'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−0.0920%1h0.4172−0.301%$116K$39K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4185long leg$81K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4192+0.177%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.783%$4K$1112xas long as short
BloFin LDO-USDT+0.0084%8h0.4193+0.201%$879K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4180−0.113%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4189+0.112%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4183−0.043%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4185+0.002%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4182−0.066%$17.5M$30.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4180−0.110%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4183−0.038%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4182−0.062%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4179−0.134%$6.6M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4185+0.010%$2.6M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4178−0.158%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4180−0.110%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4193+0.196%$89K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4223+0.922%$201K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4216+0.762%$296K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+1.085%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4191+0.155%$22K$371K5xas long as short
SunX LDO-USDT+0.0100%8h0.4288+2.471%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4178−0.167%$254K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4192+0.177%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0226%1h0.4192+0.171%$1.1M$720K50xas long as short
Lighter LDOshort+0.0248%1h0.4193+0.201%$845K$270K10x
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4190+0.125%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4187+0.053%$292K15xas long as short