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 +0.422%
Price spread now: KuCoin against Injective+5.377%55s7-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+1.303%+$130 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 KuCoin is 5.377% dearer against Injective than usual: you sell high and buy low: +$538 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.41100.0033pay 0.0004% / 1h4m 25s$4K$1412x
ShortKuCoin LDOUSDTM0.43310.0100get 0.0100% / 8h7h 04m$2.8M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +5.377% → 0.000%
$537.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$539.69
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago2.30 bp49.3 bp −$49271.4 bp −$2,714doesn'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
Coinbase International LDO-PERP-INTX−0.0752%1h0.4343+5.669%$119K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4326+5.255%$8K$20K25xas long as short
dYdX LDO-USD+0.0025%1h0.4328+5.310%$84K$17K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1412x
BloFin LDO-USDT+0.0076%8h0.4329+5.328%$920K$211K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4331+5.380%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4333+5.423%$12.0M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4332+5.398%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4332+5.408%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4333+5.422%$18.2M$36.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4327+5.280%$16.4M$11.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4324+5.207%$4.1M$8.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4330+5.353%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4332+5.401%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4331+5.377%$2.8M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4330+5.353%$3.3M$3.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4327+5.280%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4327+5.275%$89K$151K10xas long as short
Variational Omni LDO+0.0100%8h0.4322+5.151%$203K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4349+5.822%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4360+6.083%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4333+5.436%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4424+7.640%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4327+5.286%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4326+5.255%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4329+5.334%$1.1M$516K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4330+5.363%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4327+5.275%$302K15xas long as short
Lighter LDO+0.0560%1h0.4342+5.640%$881K$267K10xas long as short