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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.068%
Price spread now: KuCoin against Reya+0.092%7-day average +0.067% · 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)−0.332%−$33 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.092%, 7d avg +0.067%
Together, before fees−0.454%+ Points / potential airdropReya: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.025% dearer against Reya than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.067%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42360.0344pay 0.0043% / 1h52m 16s$295K15x
ShortKuCoin LDOUSDTM0.42400.0100get 0.0100% / 8h1h 52m$2.7M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$51.17
Price spread: +0.092% → +0.067%
$2.48
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$66.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago1.18 bp32.1 bp −$32238.4 bp −$2,384doesn'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 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%1h0.4224−0.286%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4244+0.188%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4240+0.092%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.977%$4K$1112xas long as short
Backpack LDO_USDC_PERP+0.0049%1h0.4244+0.179%$90K$181K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4241+0.115%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4243+0.155%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4242+0.139%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4243+0.163%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4238+0.034%$17.7M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4236−0.003%$16.1M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4237+0.021%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4243+0.162%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4240+0.092%$7.0M$5.9M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4240+0.092%$2.7M$3.4M50x
Bitget LDOUSDT+0.0100%8h0.4241+0.115%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4241+0.115%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4245+0.204%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4246+0.228%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.328%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4241+0.113%$22K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4339+2.429%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4236−0.006%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4239+0.076%$38K3xas long as short
Lighter LDO+0.0112%1h0.4247+0.250%$856K$269K10xas long as short
BloFin LDO-USDT+0.0118%8h0.4245+0.210%$893K$259K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4239+0.075%$23K100xas long as short
Reya LDORUSDPERPlong+0.0344%1h0.4236long leg$295K15x
Kraken Futures PF_LDOUSD+0.0379%1h0.4243+0.151%$1.1M$659K50xas long as short