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 +0.029%
Price spread now: KuCoin against dYdX+0.064%47s7-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+0.043%+$4 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 KuCoin is 0.064% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.42280get 0.0000% / 1h15m 51s$82K$5K5x
ShortKuCoin LDOUSDTM0.42310.0100get 0.0100% / 8h1h 15m$2.7M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.064% → 0.000%
$6.43
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$5.43
Costs to cover
0.220%
Break-even
5.2 days
Slippage unknown: dYdX: no order-book sample; KuCoin: 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 dYdX no order-book sample
Sell KuCoin live order book, 11 min ago2.37 bp37.1 bp −$37264.9 bp −$2,649doesn'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−0.0648%1h0.4193−0.834%$117K$40K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4228long leg$82K$5K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4229+0.017%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.797%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4228−0.006%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4234+0.142%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4230+0.035%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4231+0.071%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4230+0.035%$17.7M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4227−0.030%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4229+0.017%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4230+0.041%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4230+0.041%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4231+0.064%$2.7M$3.3M50x
Bitget LDOUSDT+0.0100%8h0.4231+0.064%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4230+0.041%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4230+0.036%$89K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4227−0.036%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4231+0.065%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.041%$31K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4232+0.088%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4329+2.382%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4226−0.047%$256K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4230+0.041%$37K3xas long as short
BloFin LDO-USDT+0.0109%8h0.4232+0.088%$884K$259K75xas long as short
Lighter LDO+0.0264%1h0.4238+0.239%$854K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4230+0.033%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4230+0.050%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0380%1h0.4231+0.075%$1.1M$710K50xas long as short