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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.422%
Price spread now: KuCoin against Injective+4.088%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 7 days+1.303%+$130 on $10k
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 +$2 a day on $10k at the current rate, and KuCoin is 4.088% dearer against Injective than usual: you sell high and buy low: +$409 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h0m 31s$4K$1412x
ShortKuCoin LDOUSDTM0.42780.0100get 0.0100% / 8h7h 00m$2.8M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
$14
Price spread: +4.088% → 0.000%
$408.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$410.74
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 2 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 Injective no order-book sample
Sell KuCoin live order book, 2 min ago2.33 bp26.9 bp −$27237.8 bp −$2,378doesn't fitdoesn't fit
Injective: 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−0.0752%1h0.4295+4.501%$117K$43K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4277+4.063%$7K$20K25xas long as short
dYdX LDO-USD+0.0024%1h0.4276+4.045%$83K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
BloFin LDO-USDT+0.0074%8h0.4278+4.088%$918K$208K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4276+4.029%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4279+4.100%$11.8M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4280+4.132%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4279+4.109%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4278+4.088%$18.0M$35.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4273+3.966%$16.1M$11.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4272+3.942%$4.0M$8.4M50xas long as short
Gate LDO_USDT+0.0100%8h0.4276+4.039%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4278+4.088%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4278+4.088%$2.8M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4274+3.990%$3.3M$3.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4278+4.088%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4275+4.012%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4279+4.106%$201K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4325+5.231%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+4.866%$35K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4277+4.066%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4387+6.740%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4274+3.994%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277+4.069%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0198%1h0.4279+4.121%$1.1M$508K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4283+4.219%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4272+3.951%$298K15xas long as short
Lighter LDO+0.0536%1h0.4285+4.268%$870K$271K10xas long as short