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+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Aevo−0.057%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.057% cheaper against Aevo than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 38 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo LDO-PERP0.42160.0104pay 0.0013% / 1h13m 53s$37K3x
ShortKraken Futures PF_LDOUSD0.42140.0225get 0.0028% / 1h13m 53s$1.1M$729K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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
$25.4
Price spread: −0.057% → 0.000%
−$5.68
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$6.28
Costs to cover
0.260%
Break-even
8.7 days
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell Kraken Futures live order book, 5 min ago10.69 bp19.0 bp −$19128.7 bp −$1,287doesn't fitdoesn't fit
Aevo: 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−0.0920%1h0.4186−0.712%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4210−0.139%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.514%$4K$1112xas long as short
BloFin LDO-USDT+0.0079%8h0.4205−0.261%$881K$258K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4211−0.112%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4222+0.142%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4215−0.018%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4212−0.093%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.42160.000%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4213−0.071%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4215−0.024%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4213−0.071%$1.4M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4217+0.024%$6.5M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.42160.000%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4215−0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4214−0.047%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4215−0.012%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4202−0.336%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4209−0.167%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4210−0.142%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.42160.000%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4310+2.230%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4213−0.077%$252K$1.4M25xas long as short
Aevo LDO-PERPlong+0.0104%1h0.4216long leg$37K3x
Deribit LDO_USDC-PERPETUAL+0.0224%1h0.4218+0.047%$7K$20K25xas long as short
Kraken Futures PF_LDOUSDshort+0.0225%1h0.4214−0.057%$1.1M$729K50x
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.266%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4201−0.345%$293K15xas long as short
Lighter LDO+0.0384%1h0.4223+0.161%$851K$272K10xas long as short