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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against ApeX Omni+0.143%98s7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.875%−$87 · spread now +0.143%, 7d avg −0.134%
Together, before fees−0.837%−$84 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: BingX is 0.277% dearer against ApeX Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.134%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42000.0100pay 0.0013% / 1h1m 50s$31K$634K50x
ShortBingX LDO-USDT0.42060.0100get 0.0100% / 8h1m 50s$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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
Price spread: +0.143% → −0.134%
$27.66
Slippage, 4 orders
−$33.31
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.65
Costs to cover
0.533%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 36 min ago5.96 bp15.5 bp −$1599.3 bp −$993doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago2.38 bp11.2 bp −$1121.4 bp −$21474.7 bp −$7,469372.4 bp −$186.2K

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−0.0920%1h0.4198−0.048%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4208+0.198%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.143%$4K$1112xas long as short
BloFin LDO-USDT+0.0071%8h0.4206+0.143%$884K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4209+0.211%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4212+0.283%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4206+0.151%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4210+0.237%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4207+0.159%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4205+0.119%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4207+0.167%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4207+0.167%$1.5M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4205+0.119%$6.7M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4207+0.167%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4206+0.143%$3.2M$3.0M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4206+0.143%$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4207+0.171%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4200−0.002%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4203+0.070%$299K$3.5M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4200long leg$31K$634K50x
Polymarket Perps LDO-USD+0.0100%1h0.4211+0.252%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.524%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4203+0.083%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4209+0.202%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4206+0.153%$1.1M$728K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0225%1h0.4209+0.214%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4207+0.177%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4206+0.136%$293K15xas long as short
Lighter LDO+0.0384%1h0.4216+0.374%$850K$273K10xas long as short