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+0.0631%/8h= +69.1% APRnext payment +$0.79 per $10,000 · paid last 24h +0.436%
Price spread now: Lighter against Injective+5.061%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+1.497%+$150 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 5.061% dearer against Injective than usual: you sell high and buy low: +$506 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% / 1h27m 20s$4K$1412x
ShortLighter LDO0.43180.0664get 0.0083% / 1h27m 20s$876K$267K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$132.44
Price spread: +5.061% → 0.000%
$506.08
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$638.5
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 43 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 Lighter live order book, 43 min ago5.34 bp10.7 bp −$1141.7 bp −$417doesn'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%1h0.4312+4.915%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4306+4.776%$83K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
Paradex LDO-USD-PERP+0.0100%8h0.4302+4.665%$3K$2420xas long as short
Hyperliquid LDO+0.0100%1h0.4311+4.900%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312+4.925%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4308+4.818%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4309+4.837%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4305+4.745%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4304+4.720%$4.1M$9.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4308+4.818%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4308+4.818%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4310+4.866%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4307+4.793%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4308+4.818%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312+4.905%$88K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4302+4.667%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4305+4.740%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+4.866%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4313+4.927%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4408+7.251%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4304+4.722%$263K$1.6M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4309+4.830%$38K3xas long as short
BloFin LDO-USDT+0.0129%8h0.4311+4.891%$791K$222K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4311+4.884%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4308+4.818%$3K$10K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4306+4.772%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4305+4.754%$300K15xas long as short
Lighter LDOshort+0.0664%1h0.4318+5.061%$876K$267K10x