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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Variational Omni against Paradex+0.135%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.135% dearer against Paradex than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.42870.0100pay 0.0100% / 8h1h 58m$3K$5620x
ShortVariational Omni LDO0.42920.0100get 0.0100% / 8h1h 58m$201K$88K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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
$0.04
Price spread: +0.135% → 0.000%
$13.46
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$9.5
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 25 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 Paradex no order-book sample
Sell Variational Omni RFQ quote, 25 min ago5.74 bpdoesn't fit35.6 bp −$356doesn't fitdoesn't fit
Paradex: 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
Injective LDO/USDC PERP−0.0851%1h0.4270−0.386%$4K$1312xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−0.339%$116K$54K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4296+0.221%$3K$10K25xas long as short
dYdX LDO-USD+0.0012%1h0.4295+0.192%$83K$17K5xas long as short
Lighter LDO+0.0096%1h0.4311+0.568%$875K$267K10xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4287long leg$3K$5620x
Hyperliquid LDO+0.0100%1h0.4299+0.293%$11.8M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4297+0.252%$169K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4289+0.064%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4297+0.252%$17.9M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4291+0.104%$16.4M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4293+0.151%$4.0M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4293+0.151%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4297+0.244%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4296+0.221%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4294+0.174%$3.3M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4295+0.197%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4297+0.237%$85K$186K10xas long as short
Variational Omni LDOshort+0.0100%8h0.4292+0.135%$201K$88K
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.220%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.314%$34K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4298+0.265%$23K$740K5xas long as short
SunX LDO-USDT+0.0100%8h0.4396+2.554%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4291+0.112%$257K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4298+0.257%$38K3xas long as short
BloFin LDO-USDT+0.0116%8h0.4297+0.244%$788K$227K75xas long as short
Kraken Futures PF_LDOUSD+0.0299%1h0.4299+0.285%$1.1M$564K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4296+0.223%$23K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4292+0.124%$299K15xas long as short