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+0.0101%/8h= +11.1% APRpaid last 24h +0.024%
Price spread now: GMX against Gate+0.070%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.070% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.41970.0100pay 0.0100% / 8h20m 02s$1.4M$1.2M50x
ShortGMX LDO/USD [ETH-USDC]0.4200L +0.0318% / S −0.0201%get 0.0025% / 1h20m 02s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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
$21.26
Price spread: +0.070% → 0.000%
$7.03
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
$1.29
Costs to cover
0.270%
Break-even
6.6 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago2.38 bp29.0 bp −$29148.5 bp −$1,485doesn'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−0.0920%1h0.4178−0.453%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4195−0.043%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4199+0.048%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.073%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4195−0.046%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4205+0.195%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4199+0.057%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4197−0.007%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4201+0.104%$17.7M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4199+0.048%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4201+0.095%$4.0M$6.6M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4197long leg$1.4M$1.2M50x
MEXC LDO_USDT+0.0100%8h0.4200+0.071%$6.6M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4198+0.024%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4201+0.095%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4201+0.095%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4200+0.064%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4192−0.125%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4187−0.238%$294K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4190−0.167%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4202+0.112%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4298+2.406%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4200+0.075%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4198+0.025%$37K3xas long as short
BloFin LDO-USDT+0.0106%8h0.41970.000%$891K$257K75xas long as short
Kraken Futures PF_LDOUSD+0.0226%1h0.4197+0.003%$1.1M$729K50xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0318% / S −0.0201%1h0.4200+0.070%$23K100x
Reya LDORUSDPERP+0.0346%1h0.4196−0.027%$293K15xas long as short
Lighter LDO+0.0376%1h0.4208+0.257%$848K$271K10xas long as short