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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0134%/8h= −14.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.058%
Price spread now: GMX against Reya+0.076%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. GMX is 0.076% dearer against Reya than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.43010.0336pay 0.0042% / 1h50m 55s$300K15x
ShortGMX LDO/USD [ETH-USDC]0.4304L +0.0319% / S −0.0201%get 0.0025% / 1h50m 55s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$28.24
Price spread: +0.076% → 0.000%
$7.63
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$38.61
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; GMX: 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 Reya no order-book sample
Sell GMX no order-book sample
Reya and GMX: 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−0.0752%1h0.4303+0.043%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4307+0.143%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4306+0.113%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.444%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4301−0.008%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4305+0.085%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305+0.096%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4306+0.105%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4303+0.043%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4301−0.003%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4299−0.050%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4305+0.090%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4304+0.067%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4304+0.067%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4305+0.090%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302+0.020%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4303+0.036%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4299−0.042%$202K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4311+0.218%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.206%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4305+0.090%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4404+2.391%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4299−0.042%$259K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4304+0.076%$38K3xas long as short
BloFin LDO-USDT+0.0121%8h0.4305+0.090%$787K$222K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4307+0.138%$1.1M$524K50xas long as short
GMX LDO/USD [ETH-USDC]shortL +0.0319% / S −0.0201%1h0.4304+0.076%$23K100x
Reya LDORUSDPERPlong+0.0336%1h0.4301long leg$300K15x
Lighter LDO+0.0464%1h0.4314+0.294%$876K$267K10xas long as short