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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Binance against dYdX+0.037%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 7 days+0.129%+$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.037% dearer against dYdX 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
LongdYdX LDO-USD0.42800get 0.0000% / 1h46m 34s$83K$17K5x
ShortBinance LDOUSDT0.42820.0100get 0.0100% / 8h6h 46m$18.0M$34.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.037% → 0.000%
$3.74
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$4.74
Costs to cover
0.200%
Break-even
5.4 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago1.17 bp15.0 bp −$1527.0 bp −$270134.2 bp −$13.4Kdoesn'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−0.0416%1h0.4278−0.047%$119K$45K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4280long leg$83K$17K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42800.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.972%$4K$1312xas long as short
Lighter LDO+0.0096%1h0.4288+0.182%$871K$267K10xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4277−0.069%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4280+0.012%$11.8M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4284+0.104%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4281+0.029%$110K$178K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4282+0.037%$18.0M$34.7M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4275−0.117%$16.1M$11.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4276−0.093%$4.0M$8.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4282+0.047%$1.5M$981K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4281+0.023%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4282+0.047%$2.7M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4276−0.093%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.42800.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4281+0.014%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4293+0.300%$202K$80Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4293+0.305%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.234%$33K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279−0.033%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4382+2.383%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4274−0.131%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277−0.073%$38K3xas long as short
BloFin LDO-USDT+0.0118%8h0.4300+0.467%$918K$241K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4281+0.021%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4274−0.143%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0562%1h0.4283+0.079%$1.2M$792K50xas long as short