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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0243%/8h= +26.6% APRpaid last 24h +0.068%
Price spread now: Reya against Bitget−0.032%7-day average −0.019% · 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)+0.108%+$11 · spread now −0.032%, 7d avg −0.019%
Together, before fees+0.304%+ Points / potential airdropReya: Active · farm board+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42040.0100pay 0.0100% / 8h2h 33m$3.2M$3.1M75x
ShortReya LDORUSDPERP0.42030.0343get 0.0043% / 1h33m 25s$293K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Bitget. 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
$50.98
Price spread: −0.032% → −0.019%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$31.65
Costs to cover
0.180%
Break-even
2.7 days
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago2.37 bp16.9 bp −$1743.6 bp −$436doesn'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−0.0464%1h0.4196−0.190%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4211+0.174%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4207+0.071%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.236%$4K$1112xas long as short
BloFin LDO-USDT+0.0092%8h0.4225+0.500%$900K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4199−0.107%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4208+0.102%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4210+0.150%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4205+0.021%$107K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4205+0.025%$17.7M$30.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4203−0.024%$15.9M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.42040.000%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4207+0.071%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4205+0.024%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4209+0.119%$2.7M$3.5M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4204long leg$3.2M$3.1M75x
BingX LDO-USDT+0.0100%8h0.4207+0.071%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4206+0.038%$89K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4215+0.258%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4217+0.309%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220+0.381%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4206+0.040%$26K$368K5xas long as short
SunX LDO-USDT+0.0100%8h0.4309+2.498%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4202−0.038%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4206+0.054%$37K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4204+0.006%$23K100xas long as short
Reya LDORUSDPERPshort+0.0343%1h0.4203−0.032%$293K15x
Lighter LDO+0.0352%1h0.4210+0.150%$849K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0600%1h0.4210+0.131%$1.1M$655K50xas long as short