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= −26.8% APRpaid last 24h −0.068%
Price spread now: MEXC against Reya−0.009%7-day average +0.066% · 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 3 days (all we have)−0.200%−$20 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.009%, 7d avg +0.066%
Together, before fees−0.205%+ Points / potential airdropReya: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.075% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42300.0344pay 0.0043% / 1h17m 09s$295K15x
ShortMEXC LDO_USDT0.42300.0100get 0.0100% / 8h1h 17m$6.7M$6.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$51.33
Price spread: −0.009% → +0.066%
−$7.51
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee MEXC: 0 bp × 2 orders
$0
Net
−$64.84
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago1.18 bp2.9 bp −$310.0 bp −$10039.8 bp −$3,982141.9 bp −$70.9K
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%1h0.4193−0.883%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4228−0.049%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4232+0.038%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.845%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4232+0.032%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4236+0.131%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4232+0.040%$167K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4234+0.086%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4232+0.038%$17.7M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4229−0.032%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4230−0.009%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4231+0.015%$1.4M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4230−0.009%$6.7M$6.0M200x
KuCoin LDOUSDTM+0.0100%8h0.4233+0.062%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4232+0.038%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4233+0.062%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4232+0.031%$89K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4227−0.085%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4231+0.016%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230−0.009%$31K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4235+0.121%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4330+2.355%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4228−0.054%$256K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4230−0.001%$37K3xas long as short
BloFin LDO-USDT+0.0109%8h0.4232+0.038%$884K$259K75xas long as short
Lighter LDO+0.0256%1h0.4241+0.242%$854K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4231+0.004%$23K100xas long as short
Reya LDORUSDPERPlong+0.0344%1h0.4230long leg$295K15x
Kraken Futures PF_LDOUSD+0.0379%1h0.4235+0.100%$1.1M$710K50xas long as short