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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0246%/8h= +26.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.069%
Price spread now: Reya against Extended+0.085%88s7-day average +0.025% · 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 4 days (all we have)+0.204%+$20 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.085%, 7d avg +0.025%
Together, before fees+0.262%+ Points / potential airdropExtended: Active · Reya: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.060% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.41200.0104pay 0.0013% / 1h6m 58s$249K$1.5M25x
ShortReya LDORUSDPERP0.41240.0350get 0.0044% / 1h6m 58s$288K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$51.65
Price spread: +0.085% → +0.025%
$6
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$46.65
Costs to cover
0.110%
Break-even
0.7 days
Slippage unknown: Extended: live order book, 4 min ago; Reya: no order-book sample. 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 Extended live order book, 4 min ago3.64 bp15.9 bp −$16100.3 bp −$1,003doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 exchanges

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−0.0384%1h0.4099−0.514%$112K$47K50xas long as short
dYdX LDO-USD0.0000%1h0.4127+0.163%$79K$2K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4122+0.044%$7K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.247%$4K$1012xas long as short
Lighter LDO+0.0096%1h0.4130+0.229%$828K$251K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4122+0.040%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4126+0.139%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4126+0.139%$162K$53K10xas long as short
Pacifica LDO+0.0100%1h0.4127+0.165%$104K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4122+0.050%$17.3M$30.6M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4122+0.044%$15.9M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4122+0.044%$3.9M$5.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4125+0.117%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4123+0.068%$6.3M$5.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4122+0.044%$2.5M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4124+0.093%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4122+0.044%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4123+0.076%$84K$166K10xas long as short
Variational Omni LDO+0.0100%8h0.4118−0.041%$196K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4122+0.049%$290K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4120−0.004%$20K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4127+0.163%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4221+2.447%$2K$1.1M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4120long leg$249K$1.5M25x
Aevo LDO-PERP+0.0104%1h0.4121+0.023%$36K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4121+0.020%$869K$267K75xas long as short
Reya LDORUSDPERPshort+0.0350%1h0.4124+0.085%$288K15x
Kraken Futures PF_LDOUSD+0.0367%1h0.4124+0.103%$1.0M$724K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0383% / S −0.0308%1h0.4123+0.073%$29K100xas long as short