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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Variational Omni against Extended+0.017%7-day average +0.041% · 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)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.676%+$68 · spread now +0.017%, 7d avg +0.041%
Together, before fees+0.659%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42940.0104pay 0.0013% / 1h0m 35s$260K$1.3M25x
ShortVariational Omni LDO0.42950.0100get 0.0100% / 8h6h 00m$202K$68K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$0.84
Price spread: +0.017% → +0.041%
−$2.37
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.21
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Extended live order book, 3 min ago5.82 bp17.8 bp −$18109.1 bp −$1,091doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago4.65 bpdoesn't fit37.2 bp −$372doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4259−0.815%$119K$43K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4298+0.093%$7K$20K25xas long as short
dYdX LDO-USD+0.0004%1h0.4295+0.030%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.285%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4294+0.008%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4301+0.154%$11.8M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4300+0.138%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4300+0.142%$110K$158K10xas long as short
Binance LDOUSDT+0.0100%8h0.4298+0.103%$18.0M$32.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4296+0.047%$16.1M$10.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4296+0.047%$4.0M$7.4M50xas long as short
Gate LDO_USDT+0.0100%8h0.4300+0.140%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299+0.116%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4299+0.116%$2.8M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4295+0.023%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4299+0.116%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4297+0.070%$88K$156K10xas long as short
Variational Omni LDOshort+0.0100%8h0.4295+0.017%$202K$68K
GRVT LDO_USDT_Perp+0.0100%8h0.4299+0.115%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.140%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4298+0.098%$23K$687K5xas long as short
SunX LDO-USDT+0.0100%8h0.4397+2.399%$1K$1.3M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4294long leg$260K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4296+0.039%$38K3xas long as short
Lighter LDO+0.0304%1h0.4306+0.286%$875K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4298+0.097%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4294+0.002%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0560%1h0.4301+0.162%$1.2M$749K50xas long as short