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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX−2.304%7-day average −2.397% · 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−0.098%−$10 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now −2.304%, 7d avg −2.397%
Together, before fees−0.169%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.093% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −2.397%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.44270.0100pay 0.0100% / 8h1h 25m$2K$1.5M20x
ShortExtended LDO-USD0.43250.0104get 0.0013% / 1h25m 45s$260K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −2.304% → −2.397%
$9.32
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$2.84
Costs to cover
0.130%
Break-even
30.7 days
Slippage unknown: SunX: live order book, 9 min ago; Extended: live order book, 2 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 SunX live order book, 9 min ago331.67 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago3.46 bp15.3 bp −$1580.5 bp −$805doesn't fitdoesn't fit

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
Injective LDO/USDC PERP−0.0851%1h0.4110−7.161%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4299−2.891%$117K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4329−2.207%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4325−2.304%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4324−2.331%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4332−2.137%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4329−2.205%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4327−2.259%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4327−2.259%$18.0M$38.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4325−2.304%$16.5M$13.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4325−2.304%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4327−2.259%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4326−2.281%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4326−2.281%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4326−2.281%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4329−2.214%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4324−2.327%$85K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4319−2.440%$202K$84Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4334−2.104%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−2.191%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4327−2.263%$23K$736K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4427long leg$2K$1.5M20x
Extended LDO-USDshort+0.0104%1h0.4325−2.304%$260K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4326−2.281%$38K3xas long as short
BloFin LDO-USDT+0.0128%8h0.4332−2.146%$789K$224K75xas long as short
Lighter LDO+0.0224%1h0.4335−2.080%$879K$268K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4327−2.263%$1.1M$552K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4327−2.266%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4322−2.372%$301K15xas long as short