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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Aster+0.048%7-day average −0.130% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.048%, 7d avg −0.130%
Together, before fees−0.351%+ Points / potential airdropAster: Stage 5 · farm board−$35 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: Bybit is 0.178% dearer against Aster than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43420.0100pay 0.0100% / 8h7h 10m$171K$149K10x
ShortBybit LDOUSDT0.43440.0100get 0.0100% / 8h7h 10m$16.4M$11.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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: +0.048% → −0.130%
$17.85
Slippage, 4 orders
−$98.8
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$99.96
Costs to cover
1.178%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 61 min ago3.49 bp68.4 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.31 bp14.4 bp −$1435.7 bp −$357doesn'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−0.0752%1h0.4340−0.044%$118K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4335−0.159%$8K$20K25xas long as short
dYdX LDO-USD+0.0028%1h0.4345+0.078%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.341%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.43420.000%$3K20xas long as short
BloFin LDO-USDT+0.0100%8h0.4332−0.228%$789K$212K75xas long as short
Hyperliquid LDO+0.0100%1h0.4346+0.088%$12.0M$4.1M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4342long leg$171K$149K10x
Pacifica LDO+0.0100%1h0.4346+0.085%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4347+0.121%$18.2M$37.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTshort+0.0100%8h0.4344+0.048%$16.4M$11.8M50x
OKX LDO-USDT-SWAP+0.0100%8h0.4344+0.048%$4.1M$8.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4347+0.118%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4348+0.141%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4346+0.094%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4346+0.094%$3.4M$3.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4347+0.118%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4334−0.184%$87K$150K10xas long as short
Variational Omni LDO+0.0100%8h0.4331−0.244%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4342+0.002%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.044%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4338−0.099%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4435+2.144%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4343+0.020%$264K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4333−0.198%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4337−0.114%$1.1M$516K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4336−0.141%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4333−0.196%$302K15xas long as short
Lighter LDO+0.0584%1h0.4355+0.311%$884K$267K10xas long as short