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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0235%/8h= +25.7% APRpaid last 24h +0.066%
Price spread now: Reya against Gate−0.083%7-day average −0.036% · you buy dearer than you sell
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)+0.185%+$19 on $10k
Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.083%, 7d avg −0.036%
Together, before fees+0.354%+ Points / potential airdropReya: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.047% cheaper against Gate than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.036%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43250.0100pay 0.0100% / 8h22m 57s$1.4M$1.1M50x
ShortReya LDORUSDPERP0.43210.0335get 0.0042% / 1h22m 57s$301K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.35
Price spread: −0.083% → −0.036%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Reya: 3 bp × 2 orders
−$6
Net
$23.66
Costs to cover
0.210%
Break-even
3.6 days
Slippage unknown: Gate: 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 Gate live order book, 4 min ago3.46 bp29.2 bp −$29191.9 bp −$1,919doesn'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 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
Injective LDO/USDC PERP−0.5000%1h0.4110−4.971%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4319−0.139%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4330+0.116%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4329+0.092%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4331+0.137%$1.1M$526K50xas long as short
BloFin LDO-USDT+0.0099%8h0.4330+0.116%$791K$220K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4325+0.004%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4333+0.176%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4329+0.093%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4326+0.023%$111K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4328+0.060%$18.0M$37.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4324−0.023%$16.4M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4323−0.046%$4.1M$9.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4325long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4326+0.023%$8.3M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4328+0.069%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43250.000%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4327+0.046%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4327+0.051%$86K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4331+0.139%$203K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333+0.185%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+0.116%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4326+0.023%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4429+2.405%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4323−0.053%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4329+0.089%$38K3xas long as short
Lighter LDO+0.0200%1h0.4337+0.287%$880K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4328+0.066%$24K100xas long as short
Reya LDORUSDPERPshort+0.0335%1h0.4321−0.083%$301K15x