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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.359%
Price spread now: Bitget against Injective+4.769%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 7 days+1.424%+$142 on $10k
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 +$2 a day on $10k at the current rate, and Bitget is 4.769% dearer against Injective than usual: you sell high and buy low: +$477 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h58m 34s$4K$1412x
ShortBitget LDOUSDT0.43060.0100get 0.0100% / 8h7h 58m$3.4M$3.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
$14
Price spread: +4.769% → 0.000%
$476.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$478.87
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 9 min ago. 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 Injective no order-book sample
Sell Bitget live order book, 9 min ago3.49 bp17.2 bp −$1741.3 bp −$413doesn't fitdoesn't fit
Injective: 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
Deribit LDO_USDC-PERPETUAL−0.4391%1h0.4289+4.355%$3K$10K25xas long as short
Coinbase International LDO-PERP-INTX−0.0752%1h0.4320+5.109%$118K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4308+4.827%$83K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
BloFin LDO-USDT+0.0099%8h0.4309+4.842%$790K$222K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4305+4.738%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4309+4.852%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4313+4.947%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4307+4.784%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4307+4.793%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4304+4.720%$16.3M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4303+4.696%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4306+4.769%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4306+4.769%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4307+4.793%$2.8M$4.2M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4306+4.769%$3.4M$3.7M75x
BingX LDO-USDT+0.0100%8h0.4304+4.720%$3.7Mas long as short
Variational Omni LDO+0.0100%8h0.4304+4.718%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312+4.919%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+4.866%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4313+4.942%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4411+7.324%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4305+4.737%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4312+4.921%$38K3xas long as short
Backpack LDO_USDC_PERP+0.0153%1h0.4308+4.805%$86K$181K10xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4312+4.910%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310+4.866%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4309+4.840%$301K15xas long as short
Lighter LDO+0.0488%1h0.4315+4.990%$876K$267K10xas long as short