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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0275%/8h= −30.1% APRnext payment $0.34 per $10,000 · paid last 24h +0.011%
Price spread now: Aevo against Kraken Futures−0.057%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aevo is 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_LDOUSD0.42410.0379pay 0.0047% / 1h48m 19s$1.1M$656K50x
ShortAevo LDO-PERP0.42390.0104get 0.0013% / 1h48m 19s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
−$57.71
Price spread: −0.057% → 0.000%
−$5.67
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$89.38
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; Aevo: 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 Kraken Futures live order book, 5 min ago8.25 bp26.8 bp −$27103.0 bp −$1,030doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0648%1h0.4218−0.544%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4244+0.072%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4239−0.048%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.090%$4K$1112xas long as short
Backpack LDO_USDC_PERP+0.0045%1h0.4244+0.065%$90K$181K10xas long as short
Lighter LDO+0.0096%1h0.4248+0.173%$856K$269K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4240−0.017%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4243+0.044%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4244+0.067%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4243+0.046%$107K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4240−0.035%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4236−0.119%$16.1M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4235−0.143%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4243+0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4242+0.022%$7.0M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4242+0.022%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4242+0.022%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4239−0.048%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4239−0.053%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4242+0.031%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4240−0.025%$32K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4242+0.022%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4338+2.286%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4235−0.134%$255K$1.2M25xas long as short
Aevo LDO-PERPshort+0.0104%1h0.4239−0.057%$38K3x
BloFin LDO-USDT+0.0123%8h0.4239−0.048%$895K$259K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4240−0.034%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4237−0.087%$296K15xas long as short
Kraken Futures PF_LDOUSDlong+0.0379%1h0.4241long leg$1.1M$656K50x