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−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.028%
Price spread now: dYdX against ApeX Omni−0.209%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 7 days−0.189%−$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.209% cheaper against ApeX Omni than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42400.0100pay 0.0013% / 1h45m 06s$32K$637K50x
ShortdYdX LDO-USD0.42310get 0.0000% / 1h45m 06s$82K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX 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
−$21
Price spread: −0.209% → 0.000%
−$20.86
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$61.86
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 63 min ago; dYdX: 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 ApeX Omni live order book, 63 min ago7.09 bp15.0 bp −$15110.1 bp −$1,101doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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%1h0.4213−0.637%$117K$41K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4231−0.209%$82K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−3.066%$4K$1112xas long as short
Backpack LDO_USDC_PERP+0.0051%1h0.4238−0.047%$89K$181K10xas long as short
Lighter LDO+0.0096%1h0.4246+0.134%$856K$270K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4227−0.301%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4240−0.002%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4238−0.048%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4230−0.232%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4238−0.048%$17.7M$31.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4234−0.142%$16.0M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4235−0.118%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4234−0.142%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4238−0.047%$6.9M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4238−0.047%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4237−0.071%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4238−0.047%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4226−0.336%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4234−0.131%$302K$3.5M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4240long leg$32K$637K50x
Polymarket Perps LDO-USD+0.0100%1h0.4238−0.038%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4338+2.311%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4236−0.105%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4236−0.086%$37K3xas long as short
BloFin LDO-USDT+0.0113%8h0.4239−0.024%$894K$259K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4239−0.032%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4235−0.121%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0379%1h0.4243+0.082%$1.1M$656K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0458%1h0.4238−0.047%$7K$20K25xas long as short