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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Aster against Hyperliquid−0.009%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.009%, 7d avg −0.032%
Together, before fees−0.038%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$4 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: Aster is 0.023% dearer against Hyperliquid than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.43100.0100pay 0.0013% / 1h4m 45s$12.1M$4.0M5x
ShortAster LDOUSDT0.43100.0100get 0.0100% / 8h4m 45s$170K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
Price spread: −0.009% → −0.032%
$2.3
Slippage, 4 orders
−$92.97
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$107.67
Costs to cover
1.100%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Aster: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago0.47 bp9.7 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 6 min ago3.49 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit

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
Injective LDO/USDC PERP−0.5000%1h0.4110−4.643%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4312+0.044%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−0.234%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4306−0.088%$1.1M$527K50xas long as short
BloFin LDO-USDT+0.0093%8h0.4300−0.234%$786K$219K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4304−0.149%$3K$5620xas long as short
Hyperliquid LDOlong+0.0100%1h0.4310long leg$12.1M$4.0M5x
Aster LDOUSDTshort+0.0100%8h0.4310−0.009%$170K$149K10x
Pacifica LDO+0.0100%1h0.4307−0.066%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4309−0.032%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4307−0.072%$16.3M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4306−0.095%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4303−0.165%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4307−0.072%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4305−0.118%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4305−0.118%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4306−0.095%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4304−0.153%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.329%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.260%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.234%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4303−0.165%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+2.155%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4303−0.167%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4304−0.131%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4301−0.211%$23K100xas long as short
Lighter LDO+0.0320%1h0.4315+0.125%$876K$269K10xas long as short
Reya LDORUSDPERP+0.0335%1h0.4298−0.270%$300K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0447%1h0.4306−0.095%$3K$10K25xas long as short