data as of
Settings8H · net · $10k
Price arb /

LDO

all LDO markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.147%
7d average−0.140%if it closes, per $10,000$15funding while held, a day+$6.67
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.43050.0100pay 0.0013% / 1h51m 16s$12.3M$3.5M5x
ShortReya LDORUSDPERP0.42980.0322get 0.0040% / 1h51m 16s$300K15x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$14.73
Funding while held
$6.67
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
−$23.05
Spread needed to break even
0.150%
Slippage unknown: Hyperliquid: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0222%
Per $10,000 a day
+$6.67
Average in range /8h

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, 3 min ago1.63 bp10.7 bp −$11doesn't fitdoesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

LDO on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International LDO-PERP-INTX−1.064%−0.1016%1h$114K$32K50xas long as short
Aevo LDO-PERP−0.388%+0.0104%1h$38K3xas long as short
ApeX Omni LDOUSDT−0.344%−0.0117%1h$33K$649K50xas long as short
Bybit LDOUSDT−0.297%+0.0049%8h$16.3M$12.7M50xas long as short
OKX LDO-USDT-SWAP−0.297%+0.0100%8h$4.0M$9.4M50xas long as short
Extended LDO-USD−0.217%+0.0104%1h$257K$1.0M25xas long as short
Paradex LDO-USD-PERP−0.180%+0.0100%8h$3K$5620xas long as short
Aster LDOUSDT−0.158%+0.0100%8h$166K$312K10xas long as short
MEXC LDO_USDT−0.158%+0.0100%8h$9.7M$7.3M200xas long as short
KuCoin LDOUSDTM−0.158%+0.0100%8h$2.5M$4.0M50xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX LDO-USDT−0.158%+0.0100%8h$4.8Mas long as short
BloFin LDO-USDT−0.158%+0.0121%8h$840K$151K75xas long as short
Reya LDORUSDPERPshort−0.147%+0.0322%1h$300K15x
Binance LDOUSDT−0.147%+0.0100%8h$17.9M$37.8M75xas long as short
Gate LDO_USDT−0.135%+0.0100%8h$1.5M$1.1M50xas long as short
Deribit LDO_USDC-PERPETUAL−0.135%0.0000%1h$3K$10K25xas long as short
Polymarket Perps LDO-USD−0.079%−0.0083%1h$27K$1.5M5xas long as short
Kraken Futures PF_LDOUSD−0.075%−0.0086%1h$1.1M$548K50xas long as short
GMX LDO/USD [ETH-USDC]−0.066%L +0.0296% / S −0.0174%1h$23K100xas long as short
Pacifica LDO−0.052%+0.0100%1h$110K$189K10xas long as short
Bitget LDOUSDT−0.042%+0.0100%8h$3.3M$3.7M75xas long as short
Lighter LDO−0.030%+0.0096%1h$853K$245K10xas long as short
Backpack LDO_USDC_PERP−0.028%−0.0376%1h$88K$187K10xas long as short
Hyperliquid LDOlong0.000%+0.0100%1h$12.3M$3.5M5x
dYdX LDO-USD+0.002%0.0000%1h$83K$21K5xas long as short
Injective LDO/USDC PERP+1.050%−0.0430%1h$4K$177K12xas long as short
Variational Omni LDO+1.068%+0.0078%8h$223K$154Kas long as short
SunX LDO-USDT+2.165%+0.0100%8h$1K$1.4M20xas long as short