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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Paradex−0.014%49s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.42430.0100pay 0.0100% / 8h1h 54m$3K20x
ShortBybit LDOUSDT0.42420.0100get 0.0100% / 8h1h 54m$16.1M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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
$0.02
Price spread: −0.014% → 0.000%
−$1.38
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$16.36
Costs to cover
0.150%
Break-even
5716.0 days
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 4 min ago. 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 Paradex no order-book sample
Sell Bybit live order book, 4 min ago1.17 bp14.7 bp −$1540.7 bp −$407doesn't fitdoesn't fit
Paradex: 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%1h0.4221−0.509%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4252+0.226%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4246+0.080%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.125%$4K$1112xas long as short
BloFin LDO-USDT+0.0092%8h0.4243+0.010%$893K$259K75xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4243long leg$3K20x
Hyperliquid LDO+0.0100%1h0.4250+0.168%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4248+0.136%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4246+0.080%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4246+0.080%$17.8M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTshort+0.0100%8h0.4242−0.014%$16.1M$10.2M50x
OKX LDO-USDT-SWAP+0.0100%8h0.4244+0.033%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4249+0.151%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4244+0.033%$7.0M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4246+0.080%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4248+0.128%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4245+0.057%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4245+0.066%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4245+0.051%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4253+0.249%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.175%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4248+0.130%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4344+2.390%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4242−0.022%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4245+0.065%$38K3xas long as short
Lighter LDO+0.0120%1h0.4254+0.269%$857K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4245+0.060%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4244+0.030%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0378%1h0.4248+0.117%$1.1M$659K50xas long as short