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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended+0.155%94s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.155%, 7d avg +0.113%
Together, before fees−0.067%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.043% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.113%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43000.0104pay 0.0013% / 1h29m 35s$263K$1.6M25x
ShortBloFin LDO-USDT0.43070.0100get 0.0100% / 8h7h 29m$791K$221K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
−$0.79
Price spread: +0.155% → +0.113%
$4.27
Slippage, 4 orders
−$37.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$51.5
Costs to cover
0.550%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago3.49 bp15.5 bp −$1595.9 bp −$959doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago1.17 bp9.5 bp −$916.3 bp −$16356.2 bp −$5,621doesn't fit

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−0.0752%1h0.4300−0.008%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4303+0.058%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.426%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4301+0.009%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4308+0.167%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4308+0.188%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4305+0.100%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4306+0.132%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4301+0.016%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4301+0.016%$4.1M$9.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4304+0.085%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4305+0.109%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4305+0.109%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4302+0.039%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4303+0.062%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4304+0.074%$87K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4302+0.035%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4305+0.104%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.225%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4304+0.090%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4408+2.504%$2K$1.5M20xas long as short
BloFin LDO-USDTshort+0.0100%8h0.4307+0.155%$791K$221K75x
Extended LDO-USDlong+0.0104%1h0.4300long leg$263K$1.6M25x
Aevo LDO-PERP+0.0104%1h0.4304+0.074%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4306+0.140%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.4304+0.085%$3K$10K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4302+0.041%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4299−0.033%$300K15xas long as short
Lighter LDO+0.0624%1h0.4315+0.330%$876K$267K10xas long as short