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

LDO

all LDO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.060%
Price spread now: ApeX Omni against Deribit−0.092%46s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.092% cheaper against Deribit than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.43440get 0.0000% / 1h7m 29s$3K$10K25x
ShortApeX Omni LDOUSDT0.43400.0100get 0.0013% / 1h7m 29s$35K$649K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
$21
Price spread: −0.092% → 0.000%
−$9.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$5.21
Costs to cover
0.170%
Break-even
8.7 days
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 11 min ago. 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 Deribit no order-book sample
Sell ApeX Omni live order book, 11 min ago6.92 bp17.3 bp −$1797.5 bp −$975doesn't fitdoesn't fit
Deribit: 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
Injective LDO/USDC PERP−0.0851%1h0.4110−5.387%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.737%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4343−0.014%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4344long leg$3K$10K25x
Paradex LDO-USD-PERP+0.0100%8h0.4340−0.099%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4356+0.269%$12.3M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4346+0.057%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4342−0.042%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4348+0.082%$18.1M$37.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.43440.000%$16.5M$12.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4343−0.023%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4343−0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4348+0.092%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4346+0.046%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43440.000%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4347+0.069%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4343−0.030%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4336−0.186%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4344+0.001%$306K$3.4M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4340−0.092%$35K$649K50x
Polymarket Perps LDO-USD+0.0100%1h0.4350+0.138%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4446+2.348%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4337−0.159%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4344−0.005%$38K3xas long as short
BloFin LDO-USDT+0.0110%8h0.4346+0.046%$788K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0295%1h0.4345+0.022%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4344−0.010%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4344−0.001%$303K15xas long as short
Lighter LDO+0.0336%1h0.4352+0.177%$883K$268K10xas long as short