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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%
Price spread now: GMX against Pacifica−0.028%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.028% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42490.0100pay 0.0013% / 1h56m 13s$107K$28K10x
ShortGMX LDO/USD [ETH-USDC]0.4247L +0.0319% / S −0.0201%get 0.0025% / 1h56m 13s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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
$21.26
Price spread: −0.028% → 0.000%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1.58
Costs to cover
0.200%
Break-even
7.5 days
Slippage unknown: Pacifica: live order book, 51 min ago; GMX: no order-book sample. 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 Pacifica live order book, 51 min ago5.91 bp17.0 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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−0.0648%1h0.4221−0.649%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4252+0.085%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4247−0.037%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.261%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4248−0.021%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4249+0.015%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4248−0.005%$167K$92K10xas long as short
Pacifica LDOlong+0.0100%1h0.4249long leg$107K$28K10x
Binance LDOUSDT+0.0100%8h0.4245−0.081%$17.8M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4242−0.154%$16.1M$10.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4243−0.131%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4248−0.013%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4244−0.107%$7.2M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4247−0.037%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4247−0.037%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4245−0.084%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4244−0.103%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4253+0.098%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4255+0.152%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.034%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4250+0.039%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4348+2.341%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4243−0.121%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4245−0.072%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4249+0.010%$889K$260K75xas long as short
Lighter LDO+0.0128%1h0.4254+0.126%$857K$269K10xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0319% / S −0.0201%1h0.4247−0.028%$23K100x
Reya LDORUSDPERP+0.0344%1h0.4247−0.040%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0378%1h0.4248−0.016%$1.1M$659K50xas long as short