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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX+0.163%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.163%, 7d avg +0.073%
Together, before fees−0.211%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.090% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43040.0100pay 0.0100% / 8h7h 27m$4.1M$9.1M50x
ShortBloFin LDO-USDT0.43110.0129get 0.0129% / 8h7h 27m$791K$222K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$6.06
Price spread: +0.163% → +0.073%
$8.97
Slippage, 4 orders
−$29.39
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.36
Costs to cover
0.514%
Break-even
49.0 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago1.16 bp14.6 bp −$1551.4 bp −$514doesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago1.17 bp9.5 bp −$916.3 bp −$16356.2 bp −$5,621doesn't fit

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%1h0.4312+0.186%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4306+0.053%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.507%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4302−0.053%$3K$2420xas long as short
Hyperliquid LDO+0.0100%1h0.4309+0.118%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312+0.192%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4308+0.093%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4308+0.099%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.43040.000%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4304long leg$4.1M$9.1M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4308+0.093%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4308+0.093%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4309+0.116%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4306+0.046%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4307+0.070%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4308+0.081%$87K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4302−0.050%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4305+0.019%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.139%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4313+0.197%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4408+2.416%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4304+0.002%$263K$1.6M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4309+0.105%$38K3xas long as short
BloFin LDO-USDTshort+0.0129%8h0.4311+0.163%$791K$222K75x
Kraken Futures PF_LDOUSD+0.0197%1h0.4311+0.156%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4308+0.093%$3K$10K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4306+0.049%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4305+0.032%$300K15xas long as short
Lighter LDO+0.0664%1h0.4318+0.325%$876K$267K10xas long as short