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+0.0100%/8h= +10.9% APRpaid last 24h +0.045%
Price spread now: Paradex against Deribit+0.044%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.044% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.42410get 0.0000% / 1h49m 10s$7K$20K25x
ShortParadex LDO-USD-PERP0.42430.0100get 0.0100% / 8h1h 49m$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$20.98
Price spread: +0.044% → 0.000%
$4.38
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
$14.36
Costs to cover
0.110%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; Paradex: 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 Deribit no order-book sample
Sell Paradex no order-book sample
Deribit and Paradex: 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%1h0.4218−0.542%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4244+0.073%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4241long leg$7K$20K25x
Injective LDO/USDC PERP+0.0033%1h0.4110−3.089%$4K$1112xas long as short
Backpack LDO_USDC_PERP+0.0045%1h0.4244+0.066%$90K$181K10xas long as short
Lighter LDO+0.0096%1h0.4250+0.210%$856K$269K10xas long as short
Paradex LDO-USD-PERPshort+0.0100%8h0.4243+0.044%$3K20x
Hyperliquid LDO+0.0100%1h0.4245+0.094%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4245+0.096%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4244+0.067%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4241+0.002%$17.7M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42410.000%$16.1M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4243+0.047%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4244+0.071%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4243+0.047%$7.0M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4244+0.071%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4242+0.024%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4244+0.071%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4239−0.052%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4242+0.032%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4240−0.024%$32K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4244+0.073%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4341+2.358%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4238−0.080%$255K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4242+0.022%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4239−0.047%$895K$259K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4242+0.029%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4239−0.050%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0379%1h0.4245+0.084%$1.1M$658K50xas long as short