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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster−0.177%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as 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)−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.177%, 7d avg −0.148%
Together, before fees−0.050%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$5 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: Extended is 0.029% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.148%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43520.0100pay 0.0100% / 8h7h 08m$171K$149K10x
ShortExtended LDO-USD0.43440.0104get 0.0013% / 1h8m 54s$265K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.177% → −0.148%
−$2.91
Slippage, 4 orders
−$104.78
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$119.85
Costs to cover
1.178%
Break-even
1005.7 days
Slippage from Aster: live order book, 62 min ago; Extended: live order book, 4 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, 62 min ago3.49 bp68.4 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago2.31 bp14.1 bp −$1493.2 bp −$932doesn'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%1h0.4343−0.206%$119K$47K50xas long as short
dYdX LDO-USD+0.0028%1h0.4345−0.153%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.560%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4350−0.040%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4353+0.021%$12.1M$3.9M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4352long leg$171K$149K10x
Pacifica LDO+0.0100%1h0.4351−0.012%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4351−0.029%$18.3M$36.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4347−0.114%$16.5M$11.8M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4345−0.160%$4.1M$8.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4350−0.045%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4349−0.068%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4351−0.022%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4349−0.068%$3.4M$3.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4349−0.068%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4350−0.055%$89K$151K10xas long as short
Variational Omni LDO+0.0100%8h0.4331−0.475%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4342−0.229%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.275%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4353+0.021%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4452+2.298%$2K$1.4M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4344−0.177%$265K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4351−0.015%$39K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4348−0.091%$923K$213K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4352+0.001%$1.1M$516K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0210%1h0.4354+0.047%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4352+0.004%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4348−0.100%$303K15xas long as short
Lighter LDO+0.0584%1h0.4360+0.178%$884K$267K10xas long as short