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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against SunX−2.268%7-day average · 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 7 days−0.227%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 2.268% cheaper against SunX than usual: you would sell low and buy high (−$227 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43560.0100pay 0.0100% / 8h3h 25m$2K$1.2M20x
ShortdYdX LDO-USD0.42570get 0.0000% / 1h25m 46s$82K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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
−$21
Price spread: −2.268% → 0.000%
−$226.83
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$265.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; dYdX: 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 SunX live order book, 8 min ago250.66 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0352%1h0.4253−2.365%$118K$41K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4257−2.268%$82K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−5.647%$4K$1312xas long as short
BloFin LDO-USDT+0.0077%8h0.4262−2.158%$907K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4255−2.324%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4259−2.220%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4260−2.194%$168K$100K10xas long as short
Pacifica LDO+0.0100%1h0.4259−2.228%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4258−2.245%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4253−2.365%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4252−2.388%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4258−2.250%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4257−2.273%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4259−2.227%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4253−2.365%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4257−2.273%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4259−2.236%$90K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4256−2.302%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4265−2.089%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270−1.974%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4259−2.225%$21K$246K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4356long leg$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4253−2.358%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4259−2.227%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4258−2.253%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4254−2.341%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4262−2.157%$1.1M$653K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0455%1h0.4260−2.204%$7K$20K25xas long as short
Lighter LDO+0.0464%1h0.4266−2.075%$873K$250K10xas long as short