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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0243%/8h= +26.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.068%
Price spread now: Reya against Pacifica−0.066%48s7-day average −0.083% · 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 3 days (all we have)+0.193%+$19 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.066%, 7d avg −0.083%
Together, before fees+0.285%+ Points / potential airdropPacifica: Active · Reya: Active · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42050.0100pay 0.0013% / 1h31m 43s$107K$27K10x
ShortReya LDORUSDPERP0.42030.0343get 0.0043% / 1h31m 43s$293K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$50.98
Price spread: −0.066% → −0.083%
$1.69
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$38.67
Costs to cover
0.140%
Break-even
1.7 days
Slippage unknown: Pacifica: live order book, 16 min ago; 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 Pacifica live order book, 16 min ago5.91 bp17.0 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
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 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−0.0464%1h0.4196−0.224%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4206+0.020%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4206+0.013%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.269%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4203−0.060%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4206+0.018%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4208+0.054%$166K$91K10xas long as short
Pacifica LDOlong+0.0100%1h0.4205long leg$107K$27K10x
Binance LDOUSDT+0.0100%8h0.4206+0.013%$17.7M$30.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4203−0.058%$15.9M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4204−0.034%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4204−0.034%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4204−0.034%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4206+0.013%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4202−0.082%$3.2M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4206+0.013%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4205−0.010%$89K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4215+0.224%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4217+0.275%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220+0.346%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4207+0.030%$22K$379K5xas long as short
SunX LDO-USDT+0.0100%8h0.4307+2.415%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4203−0.049%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4203−0.058%$37K3xas long as short
BloFin LDO-USDT+0.0130%8h0.4210+0.108%$897K$256K75xas long as short
Lighter LDO+0.0312%1h0.4213+0.185%$849K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.016%$23K100xas long as short
Reya LDORUSDPERPshort+0.0343%1h0.4203−0.066%$293K15x
Kraken Futures PF_LDOUSD+0.0601%1h0.4206+0.017%$1.1M$655K50xas long as short