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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.003%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.003%, 7d avg +0.042%
Together, before fees+0.105%+ Points / potential airdropExtended: Active · farm board+$10 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: OKX is 0.039% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42750.0104pay 0.0013% / 1h17m 08s$257K$1.3M25x
ShortOKX LDO-USDT-SWAP0.42750.0100get 0.0100% / 8h4h 17m$4.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.003% → +0.042%
−$3.88
Slippage, 4 orders
−$45.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$65.56
Costs to cover
0.608%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago3.51 bp15.7 bp −$1689.8 bp −$898doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago1.17 bp14.2 bp −$1455.6 bp −$556doesn'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−0.0416%1h0.4262−0.301%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4272−0.064%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.857%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4273−0.041%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4280+0.115%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4277+0.051%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4276+0.030%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4279+0.089%$18.0M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4274−0.020%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4275+0.003%$4.0M$6.8M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4274−0.020%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4278+0.073%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4276+0.027%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4276+0.027%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4275+0.003%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4277+0.050%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4267−0.179%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4271−0.090%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270−0.114%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279+0.087%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4379+2.436%$2K$1.2M20xas long as short
BloFin LDO-USDT+0.0102%8h0.4281+0.143%$913K$253K75xas long as short
Extended LDO-USDlong+0.0104%1h0.4275long leg$257K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4278+0.067%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4279+0.097%$7K$20K25xas long as short
Lighter LDO+0.0232%1h0.4286+0.251%$872K$266K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4276+0.033%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4274−0.012%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4281+0.141%$1.2M$681K50xas long as short