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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.016%
Price spread now: GMX against Gate+0.080%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.080% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43040.0100pay 0.0100% / 8h5h 10m$1.5M$1.0M50x
ShortGMX LDO/USD [ETH-USDC]0.4307L +0.0320% / S −0.0201%get 0.0025% / 1h10m 48s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.26
Price spread: +0.080% → 0.000%
$8.02
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
$2.28
Costs to cover
0.270%
Break-even
6.2 days
Slippage unknown: Gate: live order book, 2 min ago; GMX: 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 Gate live order book, 2 min ago3.49 bp28.2 bp −$28351.6 bp −$3,516doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 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−0.0512%1h0.43040.000%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4310+0.139%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.507%$4K$1312xas long as short
BloFin LDO-USDT+0.0085%8h0.4311+0.163%$923K$255K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4310+0.139%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4314+0.235%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4309+0.127%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4311+0.168%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312+0.192%$18.1M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4307+0.070%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4307+0.070%$4.0M$7.0M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4304long leg$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4312+0.186%$7.8M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4309+0.116%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4309+0.116%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4308+0.093%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312+0.195%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4301−0.078%$202K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4303−0.023%$305K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.139%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4308+0.102%$23K$530K5xas long as short
SunX LDO-USDT+0.0100%8h0.4409+2.440%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4308+0.085%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313+0.197%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4313+0.209%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0320% / S −0.0201%1h0.4307+0.080%$23K100x
Reya LDORUSDPERP+0.0339%1h0.4304+0.007%$300K15xas long as short
Lighter LDO+0.0416%1h0.4320+0.376%$877K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0573%1h0.4315+0.245%$1.2M$685K50xas long as short