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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%
Price spread now: ApeX Omni against dYdX−0.004%7-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 7 days+0.188%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42100get 0.0000% / 1h11m 05s$81K$5K5x
ShortApeX Omni LDOUSDT0.42100.0100get 0.0013% / 1h11m 05s$31K$632K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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: −0.004% → 0.000%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$0.62
Costs to cover
0.200%
Break-even
6.8 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 27 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 dYdX no order-book sample
Sell ApeX Omni live order book, 27 min ago5.96 bp14.5 bp −$14106.7 bp −$1,067doesn't fitdoesn't fit
dYdX: 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−0.0920%1h0.4186−0.574%$116K$39K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4210long leg$81K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−2.379%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4204−0.141%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4206−0.106%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4204−0.158%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4207−0.072%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4202−0.194%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4199−0.265%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4199−0.265%$4.0M$6.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4200−0.241%$1.4M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4202−0.194%$6.5M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4202−0.194%$2.6M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4200−0.241%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4202−0.194%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4200−0.232%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4202−0.197%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4212+0.044%$299K$3.5M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4210−0.004%$31K$632K50x
Polymarket Perps LDO-USD+0.0100%1h0.4208−0.049%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.276%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4198−0.283%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4200−0.229%$37K3xas long as short
BloFin LDO-USDT+0.0125%8h0.4201−0.218%$881K$256K75xas long as short
Kraken Futures PF_LDOUSD+0.0226%1h0.4201−0.229%$1.1M$727K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0226%1h0.4201−0.218%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4201−0.214%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4203−0.170%$293K15xas long as short
Lighter LDO+0.0392%1h0.4210−0.006%$848K$273K10xas long as short