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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: OKX against Hyperliquid−0.170%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.124%+$12 · spread now −0.170%, 7d avg −0.113%
Together, before fees+0.090%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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 0.056% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.42960.0100pay 0.0013% / 1h51m 39s$11.7M$3.1M5x
ShortOKX LDO-USDT-SWAP0.42890.0100get 0.0100% / 8h3h 51m$4.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. 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: −0.170% → −0.113%
−$5.64
Slippage, 4 orders
−$31.41
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$56.05
Costs to cover
0.504%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; OKX: live order book, 1 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 Hyperliquid live order book, 11 min ago1.52 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.33 bp17.0 bp −$1757.8 bp −$578doesn'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−0.0352%1h0.4268−0.659%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4290−0.147%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4289−0.170%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.336%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4290−0.138%$3K20xas long as short
Hyperliquid LDOlong+0.0100%1h0.4296long leg$11.7M$3.1M5x
Aster LDOUSDT+0.0100%8h0.4293−0.077%$169K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4292−0.106%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4293−0.077%$18.1M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4289−0.170%$16.2M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.4289−0.170%$4.0M$6.8M50x
Gate LDO_USDT+0.0100%8h0.4291−0.123%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4293−0.077%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4292−0.100%$2.8M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4292−0.100%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4289−0.170%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4292−0.091%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4276−0.478%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296−0.017%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.147%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4294−0.056%$21K$509K5xas long as short
SunX LDO-USDT+0.0100%8h0.4392+2.227%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4289−0.169%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4291−0.112%$38K3xas long as short
BloFin LDO-USDT+0.0118%8h0.4296−0.007%$910K$254K75xas long as short
Lighter LDO+0.0248%1h0.4301+0.105%$877K$246K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4289−0.162%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4289−0.173%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0392%1h0.4292−0.092%$1.2M$664K50xas long as short