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

LDO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.359%
Price spread now: Injective against OKX−4.883%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 7 days−1.392%−$139 on $10k
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 −$153 a day on $10k at the current rate, and Injective is 4.883% cheaper against OKX than usual: you would sell low and buy high (−$488 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.392% in total (about -72.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43210.0100pay 0.0100% / 8h21m 15s$4.1M$9.1M50x
ShortInjective LDO/USDC PERP0.4110−0.5000pay 0.0625% / 1h21m 15s$4K$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$1,071
Price spread: −4.883% → 0.000%
−$488.31
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,569.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Injective: 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 OKX live order book, 2 min ago1.16 bp15.7 bp −$1654.2 bp −$542doesn't fitdoesn't fit
Sell Injective no order-book sample
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
Injective LDO/USDC PERPshort−0.5000%1h0.4110−4.883%$4K$1412x
Coinbase International LDO-PERP-INTX−0.1016%1h0.4319−0.046%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4330+0.208%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.43210.000%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4326+0.106%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4335+0.313%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4339+0.426%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4338+0.389%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4339+0.417%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4335+0.313%$18.1M$37.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4329+0.185%$16.4M$12.5M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4321long leg$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4334+0.301%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4335+0.324%$8.3M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4336+0.347%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4320−0.023%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334+0.301%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4339+0.412%$86K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4329+0.183%$203K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4327+0.141%$311K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+0.208%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4335+0.322%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4434+2.615%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4319−0.036%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4327+0.131%$38K3xas long as short
BloFin LDO-USDT+0.0121%8h0.4330+0.208%$791K$220K75xas long as short
Lighter LDO+0.0216%1h0.4346+0.572%$881K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4334+0.305%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4330+0.208%$302K15xas long as short