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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: ApeX Omni against Gate+0.163%51s7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$870.870% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 3 days (all we have)+0.065%+$6 · spread now +0.163%, 7d avg +0.132%
Together, before fees+0.095%+$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: ApeX Omni is 0.030% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.132%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43030.0100pay 0.0100% / 8h7h 34m$1.4M$1.0M50x
ShortApeX Omni LDOUSDT0.43100.0100get 0.0013% / 1h34m 35s$35K$644K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
Price spread: +0.163% → +0.132%
$3.03
Slippage, 4 orders
−$61.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.93
Costs to cover
0.870%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; ApeX Omni: live order book, 38 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 Gate live order book, 3 min ago4.64 bp32.9 bp −$33189.3 bp −$1,893doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago6.99 bp14.9 bp −$15105.5 bp −$1,055doesn'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−0.0752%1h0.4300−0.070%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4306+0.077%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.485%$4K$1412xas long as short
BloFin LDO-USDT+0.0092%8h0.4299−0.093%$789K$221K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4298−0.123%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4305+0.037%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4306+0.068%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4303−0.005%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4303−0.010%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4297−0.139%$16.3M$12.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4300−0.070%$4.1M$9.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4303long leg$1.4M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4301−0.046%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4304+0.023%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4300−0.070%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302−0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4302−0.030%$87K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4303+0.008%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4301−0.046%$302K$3.5M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4310+0.163%$35K$644K50x
Polymarket Perps LDO-USD+0.0100%1h0.4302−0.028%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+2.324%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4299−0.084%$259K$1.6M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4301−0.035%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4305+0.040%$1.1M$525K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.43030.000%$3K$10K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4300−0.079%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4297−0.136%$300K15xas long as short
Lighter LDO+0.0552%1h0.4311+0.193%$875K$267K10xas long as short