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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX+0.103%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$660.660% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.103%, 7d avg +0.072%
Together, before fees+0.055%+ Points / potential airdropPacifica: Active · farm board+$5 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: Pacifica is 0.031% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42600.0100pay 0.0100% / 8h3h 28m$4.0M$6.8M50x
ShortPacifica LDO0.42640.0100get 0.0013% / 1h28m 18s$109K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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: +0.103% → +0.072%
$3.09
Slippage, 4 orders
−$48
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$62.91
Costs to cover
0.660%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Pacifica: live order book, 24 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 OKX live order book, 5 min ago1.17 bp16.0 bp −$1655.8 bp −$558doesn't fitdoesn't fit
Sell Pacifica live order book, 24 min ago8.16 bp16.4 bp −$16doesn'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
Coinbase International LDO-PERP-INTX−0.0352%1h0.4253−0.164%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4265+0.122%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4262+0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.521%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4260−0.008%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4266+0.138%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4265+0.117%$168K$100K10xas long as short
Pacifica LDOshort+0.0100%1h0.4264+0.103%$109K$26K10x
Binance LDOUSDT+0.0100%8h0.4262+0.058%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4259−0.023%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPlong+0.0100%8h0.4260long leg$4.0M$6.8M50x
Gate LDO_USDT+0.0100%8h0.4265+0.117%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4261+0.023%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4265+0.117%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4259−0.023%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4262+0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4265+0.115%$91K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4274+0.323%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4275+0.358%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270+0.235%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4265+0.129%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4363+2.418%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4259−0.035%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4262+0.047%$38K3xas long as short
BloFin LDO-USDT+0.0115%8h0.4265+0.117%$911K$252K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4261+0.024%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4259−0.029%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4265+0.121%$1.1M$653K50xas long as short
Lighter LDO+0.0464%1h0.4271+0.254%$874K$249K10xas long as short