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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against Variational Omni+0.125%101s7-day average +0.065% · 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 4 days (all we have)+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.125%, 7d avg +0.065%
Together, before fees−0.183%+ Points / potential airdropVariational Omni: Active · farm board−$18 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: BloFin is 0.060% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.065%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LDO0.41920.0100pay 0.0100% / 8h19m 41s$200K$66K
ShortBloFin LDO-USDT0.41970.0106get 0.0106% / 8h19m 41s$891K$257K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$1.24
Price spread: +0.125% → +0.065%
$5.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.79
Costs to cover
0.120%
Break-even
34.0 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; BloFin: live order book, 52 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 Variational Omni RFQ quote, 19 min ago4.74 bpdoesn't fit33.2 bp −$332doesn't fitdoesn't fit
Sell BloFin live order book, 52 min ago2.37 bp10.5 bp −$1014.3 bp −$14353.8 bp −$5,384doesn'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−0.0920%1h0.4178−0.328%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4203+0.275%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4199+0.173%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.951%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4204+0.300%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4208+0.390%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4204+0.295%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4206+0.328%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4206+0.340%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4203+0.268%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4206+0.340%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4204+0.292%$1.4M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4205+0.316%$6.6M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4204+0.292%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4205+0.316%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4206+0.340%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4200+0.189%$88K$177K10xas long as short
Variational Omni LDOlong+0.0100%8h0.4192long leg$200K$66K
GRVT LDO_USDT_Perp+0.0100%8h0.4187−0.113%$294K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4190−0.042%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4202+0.237%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4298+2.534%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4203+0.277%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4198+0.150%$37K3xas long as short
BloFin LDO-USDTshort+0.0106%8h0.4197+0.125%$891K$257K75x
Kraken Futures PF_LDOUSD+0.0226%1h0.4197+0.128%$1.1M$729K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4200+0.195%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4196+0.098%$293K15xas long as short
Lighter LDO+0.0376%1h0.4213+0.504%$849K$271K10xas long as short