Spread before costs (cost unknown: a leg has no order-book sample)−0.033%
7d average—if it closes, per $10,000$3funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LDO_USDC-PERPETUAL | 0.4353 | 0 | get 0.0000% / 1h | 23m 59s | $3K | $10K | 25x |
| Short | Variational Omni LDO | 0.4352 | 0.0100 | get 0.0100% / 8h | 7h 23m | $222K | $157K | — |
Deribit LDO_USDC-PERPETUAL
Variational Omni LDOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.3
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.3
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 21 min ago | 4.60 bp | doesn't fit | 36.8 bp −$368 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4325cheapestPacifica0.4344+0.439%Reya0.4344+0.450%Paradex0.4345+0.466%dYdX0.4347+0.512%Polymarket Perps0.4348+0.532%Extended0.4350+0.573%Bybit0.4350+0.578%OKX0.4350+0.578%Gate0.4350+0.578%BloFin0.4350+0.578%Aevo0.4351+0.613%
Coinbase International
Pacifica
Reya
Paradex
dYdX
Polymarket Perps
Extended
Bybit
OKX
Gate
BloFin
AevoVariational Omni0.4352+0.614%
GMX0.4352+0.616%KuCoin0.4352+0.624%Bitget0.4352+0.624%BingX0.4352+0.624%MEXC0.4353+0.647%
GMX
KuCoin
Bitget
BingX
MEXCDeribit0.4353+0.647%
Backpack0.4353+0.654%Binance0.4353+0.659%Aster0.4354+0.665%Hyperliquid0.4356+0.712%Kraken Futures0.4358+0.765%ApeX Omni0.4360+0.809%Lighter0.4362+0.862%Injective0.4380+1.272%SunX0.4448+2.844%
Backpack
Binance
Aster
Hyperliquid
Kraken Futures
ApeX Omni
Lighter
Injective
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.643% | −0.1456% | 1h | $116K | $46K | 50x | as long as short |
| Pacifica LDO | −0.207% | +0.0100% | 1h | $112K | $188K | 10x | as long as short |
| Reya LDORUSDPERP | −0.196% | +0.0326% | 1h | $303K | — | 15x | as long as short |
| Paradex LDO-USD-PERP | −0.181% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| dYdX LDO-USD | −0.135% | 0.0000% | 1h | $84K | $17K | 5x | as long as short |
| Polymarket Perps LDO-USD | −0.115% | +0.0100% | 1h | $22K | $1.2M | 5x | as long as short |
| Extended LDO-USD | −0.074% | +0.0104% | 1h | $262K | $1.0M | 25x | as long as short |
| Bybit LDOUSDT | −0.069% | +0.0051% | 8h | $16.6M | $13.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.069% | +0.0100% | 8h | $4.0M | $9.9M | 50x | as long as short |
| Gate LDO_USDT | −0.069% | −0.0121% | 8h | $1.4M | $1.1M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin LDO-USDT | −0.069% | +0.0075% | 8h | $839K | $186K | 75x | as long as short |
| Aevo LDO-PERP | −0.034% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Variational Omni LDOshort | −0.033% | +0.0100% | 8h | $222K | $157K | — | |
| GMX LDO/USD [ETH-USDC] | −0.031% | L +0.0305% / S −0.0184% | 1h | $24K | — | 100x | as long as short |
| KuCoin LDOUSDTM | −0.023% | +0.0100% | 8h | $2.7M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | −0.023% | +0.0100% | 8h | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | −0.023% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| MEXC LDO_USDT | 0.000% | +0.0100% | 8h | $9.2M | $7.8M | 200x | as long as short |
| Deribit LDO_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $3K | $10K | 25x | |
| Backpack LDO_USDC_PERP | +0.007% | +0.0100% | 1h | $86K | $200K | 10x | as long as short |
| Binance LDOUSDT | +0.011% | +0.0100% | 8h | $18.2M | $40.2M | 75x | as long as short |
| Aster LDOUSDT | +0.017% | +0.0100% | 8h | $171K | $324K | 10x | as long as short |
| Hyperliquid LDO | +0.064% | +0.0100% | 1h | $12.3M | $3.6M | 5x | as long as short |
| Kraken Futures PF_LDOUSD | +0.116% | −0.0345% | 1h | $1.2M | $579K | 50x | as long as short |
| ApeX Omni LDOUSDT | +0.161% | +0.0100% | 1h | $34K | $645K | 50x | as long as short |
| Lighter LDO | +0.214% | +0.0096% | 1h | $884K | $271K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.620% | −0.0806% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.182% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |