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

LDO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: Pacifica against Paradex+0.080%7-day average · you sell dearer than you buy
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 · Pacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.080% dearer against Paradex than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LDO-USD-PERP0.42960.0100pay 0.0100% / 8h6h 00m$3K20x
ShortPacifica LDO0.42990.0100get 0.0013% / 1h0m 52s$110K$158K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.1
Price spread: +0.080% → 0.000%
$7.99
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.91
Costs to cover
0.120%
Break-even
279.5 days
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago8.14 bp19.0 bp −$19doesn't fitdoesn'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 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%1h0.4259−0.851%$119K$43K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4298+0.057%$7K$20K25xas long as short
dYdX LDO-USD+0.0004%1h0.4290−0.130%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.320%$4K$1312xas long as short
Paradex LDO-USD-PERPlong+0.0100%8h0.4296long leg$3K20x
Hyperliquid LDO+0.0100%1h0.4299+0.089%$11.8M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4299+0.089%$169K$134K10xas long as short
Pacifica LDOshort+0.0100%1h0.4299+0.080%$110K$158K10x
Binance LDOUSDT+0.0100%8h0.4299+0.080%$18.0M$32.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4296+0.010%$16.1M$10.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4296+0.010%$4.0M$7.4M50xas long as short
Gate LDO_USDT+0.0100%8h0.4300+0.103%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299+0.080%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4299+0.080%$2.8M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4296+0.010%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4299+0.080%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4297+0.033%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4295−0.019%$202K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299+0.079%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.103%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4298+0.061%$23K$687K5xas long as short
SunX LDO-USDT+0.0100%8h0.4397+2.361%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4295−0.008%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4296+0.002%$38K3xas long as short
Lighter LDO+0.0304%1h0.4306+0.243%$875K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4298+0.060%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4294−0.034%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0560%1h0.4301+0.126%$1.2M$749K50xas long as short