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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.070%
Price spread now: Kraken Futures against Reya+0.149%7-day average +0.129% · 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)−0.167%−$17 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.149%, 7d avg +0.129%
Together, before fees−0.200%+ Points / potential airdropReya: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.129%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.167%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42740.0341pay 0.0043% / 1h43m 41s$298K15x
ShortKraken Futures PF_LDOUSD0.42810.0393get 0.0049% / 1h43m 41s$1.1M$658K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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
$10.93
Price spread: +0.149% → +0.129%
$1.93
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$3.15
Costs to cover
0.160%
Break-even
9.0 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 5 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 Reya no order-book sample
Sell Kraken Futures live order book, 5 min ago8.18 bp20.4 bp −$2074.1 bp −$741doesn't fitdoesn't fit
Reya: 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−0.0352%1h0.4268−0.149%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4281+0.146%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.845%$4K$1312xas long as short
BloFin LDO-USDT+0.0085%8h0.4282+0.179%$907K$253K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4275+0.010%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4282+0.188%$11.7M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4281+0.152%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4278+0.092%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4277+0.062%$18.0M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4275+0.015%$16.1M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4276+0.039%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4277+0.062%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4277+0.062%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4278+0.085%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4277+0.062%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4277+0.062%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4277+0.067%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4276+0.033%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4277+0.069%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.132%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279+0.104%$21K$509K5xas long as short
SunX LDO-USDT+0.0100%8h0.4375+2.355%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4275+0.005%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277+0.053%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4277+0.062%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4276+0.029%$23K100xas long as short
Reya LDORUSDPERPlong+0.0341%1h0.4274long leg$298K15x
Lighter LDO+0.0384%1h0.4286+0.282%$876K$248K10xas long as short
Kraken Futures PF_LDOUSDshort+0.0393%1h0.4281+0.149%$1.1M$658K50x