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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: SunX against ApeX Omni+2.471%47s7-day average +2.202% · 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 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.289%−$29 · spread now +2.471%, 7d avg +2.202%
Together, before fees−0.251%−$25 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: SunX is 0.268% dearer against ApeX Omni than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +2.202%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42500.0100pay 0.0013% / 1h19m 38s$32K$639K50x
ShortSunX LDO-USDT0.43550.0100get 0.0100% / 8h3h 19m$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +2.471% → +2.202%
$26.84
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$8.84
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 33 min ago; SunX: live order book, 4 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 ApeX Omni live order book, 33 min ago6.99 bp16.0 bp −$16109.8 bp −$1,098doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago258.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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−0.0352%1h0.4229−0.494%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4246−0.089%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.294%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4246−0.106%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4254+0.089%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4252+0.040%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4250−0.008%$109K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4252+0.040%$17.9M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4247−0.071%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4247−0.071%$4.0M$6.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4252+0.047%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4248−0.047%$7.5M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4255+0.118%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4247−0.071%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4252+0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4256+0.153%$91K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4244−0.147%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4244−0.140%$304K$3.4M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4250long leg$32K$639K50x
Polymarket Perps LDO-USD+0.0100%1h0.4251+0.026%$21K$246K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4355+2.471%$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4246−0.092%$255K$919K25xas long as short
Aevo LDO-PERP+0.0104%1h0.4257+0.159%$38K3xas long as short
BloFin LDO-USDT+0.0130%8h0.4248−0.047%$906K$255K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0220%1h0.4258+0.188%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4256+0.137%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4247−0.068%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4260+0.235%$1.1M$657K50xas long as short
Lighter LDO+0.0464%1h0.4259+0.209%$855K$268K10xas long as short