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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.066%
Price spread now: Reya against Aster−0.347%7-day average −0.113% · 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 3 days (all we have)+0.180%+$18 on $10k
Price spread, last 3 days (all we have)+0.322%+$32 · spread now −0.347%, 7d avg −0.113%
Together, before fees+0.503%+ Points / potential airdropAster: Stage 5 · Reya: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.234% cheaper against Aster than usual: you would sell low and buy high (spread −0.347% now, against its 7-day average of −0.113%). If the spread goes back, that is −$23 on $10k: about 3.3 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.43210.0100pay 0.0100% / 8h7h 55m$170K$149K10x
ShortReya LDORUSDPERP0.43060.0336get 0.0042% / 1h55m 30s$300K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.48
Price spread: −0.347% → −0.113%
−$23.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$12.05
Costs to cover
0.140%
Break-even
5.3 days
Slippage unknown: Aster: live order book, 16 min ago; Reya: 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, 16 min ago3.49 bp68.4 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0752%1h0.4289−0.739%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4313−0.174%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.882%$4K$1412xas long as short
BloFin LDO-USDT+0.0094%8h0.4315−0.137%$791K$223K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4311−0.226%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4322+0.015%$12.1M$4.0M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4321long leg$170K$149K10x
Pacifica LDO+0.0100%1h0.4319−0.052%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4315−0.137%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4311−0.230%$16.4M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4310−0.253%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4318−0.068%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4316−0.114%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4318−0.068%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4310−0.253%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4315−0.137%$3.7Mas long as short
Variational Omni LDO+0.0100%8h0.4317−0.081%$202K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4313−0.182%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.022%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4315−0.142%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4425+2.408%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4310−0.254%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4320−0.011%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4325+0.104%$1.1M$527K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4322+0.025%$3K$10K25xas long as short
Backpack LDO_USDC_PERP+0.0223%1h0.4324+0.066%$87K$164K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4318−0.069%$24K100xas long as short
Reya LDORUSDPERPshort+0.0336%1h0.4306−0.347%$300K15x
Lighter LDO+0.0440%1h0.4327+0.147%$878K$267K10xas long as short