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+0.0516%/8h= +56.5% APRpaid last 24h +0.335%
Price spread now: OKX against Coinbase International+0.023%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$348as in the Price arb table
costs, in and out, $10k−$3483.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.698%+$70 on $10k
Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.023%, 7d avg +0.017%
Together, before fees+0.430%+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LDO-PERP-INTX0.4256−0.0416get 0.0052% / 1h41m 22s$118K$45K50x
ShortOKX LDO-USDT-SWAP0.42570.0100get 0.0100% / 8h6h 41m$4.0M$7.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Coinbase International. 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
$108.36
Price spread: +0.023% → +0.017%
$0.66
Slippage, 4 orders
−$328.42
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$239.4
Costs to cover
3.484%
Break-even
22.5 days
Slippage from Coinbase International: live order book, 26 min ago; OKX: live order book, 2 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 Coinbase International live order book, 26 min ago8.05 bp100.7 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.17 bp21.5 bp −$2261.1 bp −$611doesn'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-INTXlong−0.0416%1h0.4256long leg$118K$45K50x
dYdX LDO-USD0.0000%1h0.4263+0.172%$82K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4260+0.094%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.430%$4K$1312xas long as short
Lighter LDO+0.0096%1h0.4267+0.249%$867K$267K10xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4259+0.080%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4263+0.157%$11.8M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4265+0.204%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4261+0.118%$109K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4262+0.137%$17.8M$34.5M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4258+0.047%$16.1M$11.2M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4257+0.023%$4.0M$7.9M50x
Gate LDO_USDT+0.0100%8h0.4263+0.164%$1.5M$997K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4262+0.141%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4261+0.117%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4259+0.070%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4259+0.070%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4259+0.075%$85K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4256−0.004%$200K$79Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4277+0.494%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.564%$33K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4263+0.160%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4362+2.491%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4256+0.005%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4259+0.079%$38K3xas long as short
BloFin LDO-USDT+0.0118%8h0.4300+1.034%$918K$241K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4259+0.082%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4258+0.044%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0564%1h0.4264+0.192%$1.1M$794K50xas long as short