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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h −0.045%
Price spread now: Deribit against Aster−0.010%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.42240.0100pay 0.0100% / 8h3h 00m$166K$93K10x
ShortDeribit LDO_USDC-PERPETUAL0.42240.0224get 0.0028% / 1h0m 58s$7K$20K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$25.98
Price spread: −0.010% → 0.000%
−$0.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$10.03
Costs to cover
0.150%
Break-even
4.3 days
Slippage unknown: Aster: live order book, 50 min ago; Deribit: 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 Aster live order book, 50 min ago9.31 bp51.7 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0352%1h0.4189−0.838%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4218−0.148%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.708%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4217−0.172%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4226+0.045%$11.5M$3.1M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4224long leg$166K$93K10x
Pacifica LDO+0.0100%1h0.4219−0.125%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4224−0.010%$17.7M$30.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4221−0.081%$15.9M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4222−0.057%$4.0M$6.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4222−0.057%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4224−0.010%$7.4M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4224−0.010%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4221−0.081%$3.2M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4221−0.081%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4224−0.010%$90K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4219−0.122%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4232+0.180%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220−0.104%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4226+0.035%$49K$325K5xas long as short
SunX LDO-USDT+0.0100%8h0.4322+2.310%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4220−0.095%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4223−0.033%$37K3xas long as short
BloFin LDO-USDT+0.0104%8h0.4224−0.010%$898K$256K75xas long as short
Deribit LDO_USDC-PERPETUALshort+0.0224%1h0.4224−0.010%$7K$20K25x
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4221−0.086%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4222−0.066%$294K15xas long as short
Kraken Futures PF_LDOUSD+0.0398%1h0.4227+0.052%$1.1M$660K50xas long as short
Lighter LDO+0.0432%1h0.4232+0.170%$852K$271K10xas long as short