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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended+0.040%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$900.905% 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 4 days (all we have)−0.203%−$20 · spread now +0.040%, 7d avg +0.059%
Together, before fees−0.175%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43580.0104pay 0.0013% / 1h22m 27s$262K$1.0M25x
ShortGate LDO_USDT0.43600.0100get 0.0100% / 8h2h 22m$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$0.84
Price spread: +0.040% → +0.059%
−$1.88
Slippage, 4 orders
−$70.5
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$93.22
Costs to cover
0.905%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Gate: live order book, 5 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, 6 min ago3.46 bp15.3 bp −$1570.6 bp −$706doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago5.74 bp29.2 bp −$29172.1 bp −$1,721doesn't fitdoesn'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−0.0688%1h0.4290−1.566%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0326%1h0.4361+0.064%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4361+0.063%$3K$10K25xas long as short
dYdX LDO-USD+0.0020%1h0.4359+0.014%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−2.025%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4376+0.410%$888K$265K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4359+0.028%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4365+0.159%$12.1M$3.6M5xas long as short
Aster LDOUSDT+0.0100%8h0.4363+0.107%$172K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4362+0.081%$112K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4363+0.109%$18.2M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4360+0.040%$16.9M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4359+0.017%$4.1M$9.2M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4360+0.040%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4361+0.063%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4361+0.063%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4359+0.017%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4360+0.040%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4361+0.059%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4358+0.002%$203K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4341−0.391%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.419%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4364+0.137%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4461+2.358%$2K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4358long leg$262K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4362+0.086%$39K3xas long as short
BloFin LDO-USDT+0.0112%8h0.4356−0.052%$792K$230K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4363+0.112%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4360+0.037%$304K15xas long as short