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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0219%/8h= −24.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.052%
Price spread now: Pacifica against GMX+0.003%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 airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LDO/USD [ETH-USDC]0.4323L +0.0319% / S −0.0201%pay 0.0040% / 1h6m 22s$24K100x
ShortPacifica LDO0.43230.0100get 0.0013% / 1h6m 22s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. 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
−$46.04
Price spread: +0.003% → 0.000%
$0.32
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$65.72
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 16 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 GMX no order-book sample
Sell Pacifica live order book, 16 min ago3.44 bp15.9 bp −$16doesn't fitdoesn't fitdoesn't fit
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−0.0688%1h0.4290−0.759%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0329%1h0.4330+0.172%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0212%1h0.4328+0.120%$3K$10K25xas long as short
dYdX LDO-USD+0.0014%1h0.4332+0.206%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.221%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4340+0.391%$880K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4320−0.069%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4326+0.086%$12.0M$3.6M5xas long as short
Aster LDOUSDT+0.0100%8h0.4325+0.053%$170K$144K10xas long as short
Pacifica LDOshort+0.0100%1h0.4323+0.003%$111K$178K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4321−0.042%$18.0M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4321−0.042%$16.8M$12.8M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4319−0.088%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4325+0.051%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4321−0.042%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4324+0.028%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4322−0.019%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4322−0.019%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4327+0.095%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4331+0.199%$202K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4334+0.254%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.398%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4324+0.028%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4425+2.364%$2K$1.5M20xas long as short
BloFin LDO-USDT+0.0102%8h0.4331+0.190%$796K$229K75xas long as short
Extended LDO-USD+0.0104%1h0.4320−0.071%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4328+0.126%$38K3xas long as short
GMX LDO/USD [ETH-USDC]longL +0.0319% / S −0.0201%1h0.4323long leg$24K100x
Reya LDORUSDPERP+0.0333%1h0.4321−0.051%$301K15xas long as short