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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.015%
Price spread now: GMX against Extended+0.165%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.165% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42810.0104pay 0.0013% / 1h5m 32s$258K$1.3M25x
ShortGMX LDO/USD [ETH-USDC]0.4288L +0.0320% / S −0.0201%get 0.0025% / 1h5m 32s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$20.42
Price spread: +0.165% → 0.000%
$16.45
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$19.87
Costs to cover
0.170%
Break-even
0.2 days
Slippage unknown: Extended: live order book, 3 min ago; GMX: 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 Extended live order book, 3 min ago3.49 bp15.5 bp −$15106.7 bp −$1,067doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0512%1h0.4304+0.545%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4300+0.452%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.987%$4K$1312xas long as short
BloFin LDO-USDT+0.0083%8h0.4291+0.242%$918K$254K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4282+0.021%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+0.165%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4293+0.281%$169K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4286+0.115%$110K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4287+0.148%$18.0M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4283+0.055%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4283+0.055%$4.0M$7.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4285+0.101%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4283+0.055%$7.8M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4285+0.101%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4284+0.078%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4285+0.101%$9.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4289+0.190%$93K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4283+0.059%$201K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4298+0.405%$304K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.452%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4287+0.155%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4388+2.508%$2K$1.2M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4281long leg$258K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4287+0.150%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0217%1h0.4288+0.172%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4288+0.165%$23K100x
Reya LDORUSDPERP+0.0339%1h0.4282+0.038%$299K15xas long as short
Lighter LDO+0.0392%1h0.4295+0.326%$872K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0576%1h0.4292+0.274%$1.2M$684K50xas long as short