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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.357%
Price spread now: BloFin against Injective+1.825%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+1.458%+$146 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 BloFin is 1.825% dearer against Injective than usual: you sell high and buy low: +$182 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% / 1h33m 15s$4K$1112x
ShortBloFin LDO-USDT0.41850.0099get 0.0099% / 8h7h 33m$882K$256K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$13.82
Price spread: +1.825% → 0.000%
$182.48
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$184.29
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 34 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 BloFin live order book, 34 min ago1.19 bp15.7 bp −$1619.4 bp −$19452.1 bp −$5,208doesn'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
Coinbase International LDO-PERP-INTX−0.0952%1h0.4183+1.776%$115K$41K50xas long as short
Kraken Futures PF_LDOUSD−0.0371%1h0.4187+1.874%$1.1M$742K50xas long as short
dYdX LDO-USD0.0000%1h0.4191+1.970%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4187+1.873%$7K$20K25xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1112x
BloFin LDO-USDTshort+0.0099%8h0.4185+1.825%$882K$256K75x
Paradex LDO-USD-PERP+0.0100%8h0.4184+1.800%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4190+1.944%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4191+1.959%$165K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4188+1.900%$106K$29K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4187+1.873%$17.6M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4182+1.752%$16.0M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4184+1.800%$4.0M$6.5M50xas long as short
Gate LDO_USDT+0.0100%8h0.4191+1.971%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4187+1.873%$6.9M$5.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4186+1.849%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4183+1.776%$3.2M$2.9M75xas long as short
BingX LDO-USDT+0.0100%8h0.4187+1.873%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4198+2.151%$87K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4191+1.978%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4193+2.019%$299K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4200+2.190%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4187+1.873%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4283+4.209%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4182+1.756%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4186+1.858%$37K3xas long as short
Lighter LDO+0.0176%1h0.4195+2.058%$845K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4185+1.815%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4196+2.102%$293K15xas long as short