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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0245%/8h= −26.8% APRnext payment $0.31 per $10,000 · paid last 24h −0.069%
Price spread now: Extended against Reya−0.022%7-day average −0.026% · 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)−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.022%, 7d avg −0.026%
Together, before fees−0.341%+ Points / potential airdropReya: Active · Extended: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.41500.0349pay 0.0044% / 1h51m 05s$289K15x
ShortExtended LDO-USD0.41490.0104get 0.0013% / 1h51m 05s$251K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Reya. 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
−$51.45
Price spread: −0.022% → −0.026%
$0.35
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$62.1
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Extended: live order book, 5 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 Reya no order-book sample
Sell Extended live order book, 5 min ago3.61 bp16.4 bp −$1697.9 bp −$979doesn't fitdoesn't fit
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 exchanges

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−0.0384%1h0.4139−0.266%$114K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0231%1h0.4152+0.047%$7K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4157+0.168%$80K$2K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.965%$4K$1012xas long as short
Backpack LDO_USDC_PERP+0.0059%1h0.4153+0.074%$84K$171K10xas long as short
Lighter LDO+0.0096%1h0.4160+0.240%$839K$243K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4150−0.004%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4157+0.158%$11.4M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4158+0.195%$163K$54K10xas long as short
Pacifica LDO+0.0100%1h0.4153+0.072%$105K$7K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4153+0.065%$17.5M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4151+0.023%$16.0M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4152+0.047%$4.0M$5.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4155+0.120%$1.6M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4153+0.072%$6.3M$5.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4153+0.072%$2.6M$2.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4151+0.023%$3.2M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4154+0.096%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4160+0.251%$198K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4159+0.214%$294K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4160+0.240%$31K$632K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4156+0.144%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4252+2.457%$1K$1.1M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4149−0.022%$251K$1.4M25x
Aevo LDO-PERP+0.0104%1h0.4153+0.060%$37K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4153+0.072%$879K$266K75xas long as short
Reya LDORUSDPERPlong+0.0349%1h0.4150long leg$289K15x
Kraken Futures PF_LDOUSD+0.0364%1h0.4155+0.128%$1.0M$744K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0384% / S −0.0308%1h0.4157+0.173%$29K100xas long as short