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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.39 per $10,000 · paid last 24h +0.367%
Price spread now: Reya against Injective+0.974%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Reya is 0.974% dearer against Injective than usual: you sell high and buy low: +$97 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% / 1h51m 17s$4K$1012x
ShortReya LDORUSDPERP0.41500.0349get 0.0044% / 1h51m 17s$289K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$66.29
Price spread: +0.974% → 0.000%
$97.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
$157.67
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample
Injective and 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 on 29 exchanges

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−0.0384%1h0.4139+0.706%$114K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0231%1h0.4152+1.022%$7K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4157+1.144%$80K$2K5xas long as short
Injective LDO/USDC PERPlong+0.0033%1h0.4110long leg$4K$1012x
Backpack LDO_USDC_PERP+0.0077%1h0.4157+1.131%$85K$171K10xas long as short
BloFin LDO-USDT+0.0078%8h0.4157+1.144%$878K$266K75xas long as short
Lighter LDO+0.0096%1h0.4158+1.165%$839K$243K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4150+0.970%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4157+1.131%$11.4M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4158+1.172%$163K$54K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4153+1.046%$105K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4153+1.038%$17.5M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4151+0.998%$16.0M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4152+1.022%$4.0M$5.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4157+1.144%$1.6M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4153+1.046%$6.3M$5.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4154+1.071%$2.6M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4151+0.998%$3.2M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4152+1.022%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4160+1.227%$198K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4159+1.190%$294K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4160+1.217%$31K$632K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4156+1.119%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4252+3.455%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4149+0.952%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4153+1.034%$37K3xas long as short
Reya LDORUSDPERPshort+0.0349%1h0.4150+0.974%$289K15x
Kraken Futures PF_LDOUSD+0.0364%1h0.4155+1.103%$1.0M$744K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0384% / S −0.0308%1h0.4157+1.149%$29K100xas long as short