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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.068%
Price spread now: Reya against Aster−0.022%7-day average −0.118% · 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)+0.196%+$20 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.022%, 7d avg −0.118%
Together, before fees+0.194%+ Points / potential airdropAster: Stage 5 · Reya: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.095% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LDOUSDT0.42480.0100pay 0.0100% / 8h1h 56m$167K$92K10x
ShortReya LDORUSDPERP0.42470.0344get 0.0043% / 1h56m 01s$296K15x

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
$51.15
Price spread: −0.022% → −0.118%
$9.52
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$46.67
Costs to cover
0.140%
Break-even
0.6 days
Slippage unknown: Aster: live order book, 50 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, 50 min ago8.28 bp61.7 bp −$62doesn'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−0.0648%1h0.4221−0.631%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4252+0.103%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4247−0.019%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.244%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4248−0.003%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4249+0.033%$11.6M$3.1M5xas long as short
Aster LDOUSDTlong+0.0100%8h0.4248long leg$167K$92K10x
Pacifica LDO+0.0100%1h0.4249+0.018%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4245−0.066%$17.8M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4242−0.137%$16.1M$10.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4243−0.113%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4248+0.005%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4246−0.043%$7.2M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4246−0.043%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4247−0.019%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4245−0.066%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4244−0.085%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4253+0.116%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4255+0.169%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.052%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4250+0.056%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4348+2.359%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4243−0.109%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4245−0.054%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4249+0.028%$889K$260K75xas long as short
Lighter LDO+0.0128%1h0.4254+0.143%$857K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4247−0.011%$23K100xas long as short
Reya LDORUSDPERPshort+0.0344%1h0.4247−0.022%$296K15x
Kraken Futures PF_LDOUSD+0.0378%1h0.4248+0.002%$1.1M$659K50xas long as short