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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.209%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−0.227%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.209% cheaper against Pacifica than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42990.0100pay 0.0013% / 1h1m 38s$110K$158K10x
ShortdYdX LDO-USD0.42900.0004get 0.0001% / 1h1m 38s$83K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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
−$20.16
Price spread: −0.209% → 0.000%
−$20.94
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$59.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; dYdX: 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 Pacifica live order book, 1 min ago8.14 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 28 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−0.0416%1h0.4259−0.930%$119K$43K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4300+0.023%$7K$20K25xas long as short
dYdX LDO-USDshort+0.0004%1h0.4290−0.209%$83K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−4.396%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4296−0.080%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4302+0.060%$11.8M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4299+0.009%$169K$134K10xas long as short
Pacifica LDOlong+0.0100%1h0.4299long leg$110K$158K10x
Binance LDOUSDT+0.0100%8h0.4298−0.029%$18.0M$32.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4295−0.093%$16.1M$10.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4294−0.116%$4.0M$7.4M50xas long as short
Gate LDO_USDT+0.0100%8h0.4298−0.023%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4297−0.047%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4300+0.023%$2.8M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4295−0.093%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4298−0.023%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4299+0.007%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4288−0.262%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.001%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.209%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4301+0.042%$23K$687K5xas long as short
SunX LDO-USDT+0.0100%8h0.4401+2.373%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4293−0.134%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4299−0.006%$38K3xas long as short
Lighter LDO+0.0304%1h0.4305+0.151%$874K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4300+0.035%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4297−0.038%$300K15xas long as short
Kraken Futures PF_LDOUSD+0.0559%1h0.4302+0.071%$1.2M$749K50xas long as short