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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: MEXC against dYdX+0.080%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+0.130%+$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 MEXC is 0.080% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43070get 0.0000% / 1h49m 01s$83K$17K5x
ShortMEXC LDO_USDT0.43100.0100get 0.0100% / 8h1h 49m$8.6M$7.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.080% → 0.000%
$7.97
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$18.97
Costs to cover
0.100%
Break-even
0.7 days
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago1.16 bp2.8 bp −$312.0 bp −$120100.5 bp −$10.0K157.4 bp −$78.7K
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
Injective LDO/USDC PERP−0.0851%1h0.4110−4.564%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−0.803%$116K$54K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4307long leg$83K$17K5x
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4310+0.080%$3K$10K25xas long as short
Lighter LDO+0.0096%1h0.4323+0.386%$877K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4306−0.013%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4314+0.168%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312+0.121%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4308+0.033%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312+0.125%$18.0M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4305−0.036%$16.4M$13.3M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4308+0.033%$4.0M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4308+0.033%$1.4M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4310+0.080%$8.6M$7.6M200x
KuCoin LDOUSDTM+0.0100%8h0.4311+0.103%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4307+0.010%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4310+0.080%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4311+0.114%$86K$184K10xas long as short
Variational Omni LDO+0.0100%8h0.4305−0.033%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4309+0.056%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.080%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4310+0.080%$23K$741K5xas long as short
SunX LDO-USDT+0.0100%8h0.4411+2.425%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4304−0.057%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4310+0.072%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4311+0.103%$786K$228K75xas long as short
Kraken Futures PF_LDOUSD+0.0298%1h0.4311+0.109%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310+0.069%$23K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4305−0.048%$300K15xas long as short