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

LDO

all LDO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.359%
Price spread now: Injective against SunX−7.765%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−1.424%−$142 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 −$153 a day on $10k at the current rate, and Injective is 7.765% cheaper against SunX than usual: you would sell low and buy high (−$776 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.424% in total (about -74.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.44560.0100pay 0.0100% / 8h42m 46s$2K$1.5M20x
ShortInjective LDO/USDC PERP0.4110−0.5000pay 0.0625% / 1h42m 46s$4K$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$1,071
Price spread: −7.765% → 0.000%
−$776.48
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,855.5
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 12 min ago; Injective: 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, 12 min ago252.51 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Injective LDO/USDC PERPshort−0.5000%1h0.4110−7.765%$4K$1412x
Coinbase International LDO-PERP-INTX−0.1016%1h0.4360−2.154%$118K$56K50xas long as short
dYdX LDO-USD0.0000%1h0.4363−2.077%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4357−2.222%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4358−2.202%$1.1M$529K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4355−2.268%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4361−2.121%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4359−2.177%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4358−2.199%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4356−2.252%$18.1M$37.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4352−2.334%$16.5M$12.6M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4351−2.356%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4357−2.222%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4355−2.267%$8.4M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4357−2.222%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4355−2.267%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4355−2.267%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4356−2.233%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4361−2.133%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4363−2.087%$314K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4370−1.930%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4356−2.233%$23K$736K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4456long leg$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4352−2.340%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4358−2.211%$39K3xas long as short
BloFin LDO-USDT+0.0112%8h0.4358−2.199%$792K$221K75xas long as short
Lighter LDO+0.0288%1h0.4365−2.049%$885K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4358−2.202%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4353−2.323%$304K15xas long as short