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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: MEXC against ApeX Omni+0.350%96s7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.778%−$78 · spread now +0.350%, 7d avg −0.108%
Together, before fees−0.838%−$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: MEXC is 0.458% dearer against ApeX Omni than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of −0.108%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42900.0100pay 0.0013% / 1h33m 55s$33K$639K50x
ShortMEXC LDO_USDT0.43050.0100get 0.0100% / 8h5h 33m$7.8M$6.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.350% → −0.108%
$45.8
Slippage, 4 orders
−$32.23
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$3.57
Costs to cover
0.422%
Break-even
from the start
Slippage from ApeX Omni: live order book, 29 min ago; MEXC: live order book, 4 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, 29 min ago6.98 bp16.3 bp −$16105.1 bp −$1,051doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.17 bp5.0 bp −$520.1 bp −$20198.1 bp −$9,811157.2 bp −$78.6K

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−0.0512%1h0.4259−0.723%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4291+0.027%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4299+0.210%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.196%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4299+0.212%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4307+0.401%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4304+0.317%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4298+0.193%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4305+0.350%$18.0M$31.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4302+0.280%$16.2M$10.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4302+0.280%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4303+0.303%$1.5M$1.0M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4305+0.350%$7.8M$6.9M200x
KuCoin LDOUSDTM+0.0100%8h0.4306+0.373%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4303+0.303%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4302+0.280%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4306+0.382%$106K$157K10xas long as short
Variational Omni LDO+0.0100%8h0.4297+0.155%$202K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4288−0.053%$305K$3.4M10xas long as short
ApeX Omni LDOUSDTlong+0.0100%1h0.4290long leg$33K$639K50x
Polymarket Perps LDO-USD+0.0100%1h0.4302+0.273%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4400+2.564%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4300+0.222%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4298+0.193%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4302+0.280%$917K$256K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4298+0.176%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4295+0.106%$300K15xas long as short
Lighter LDO+0.0400%1h0.4310+0.466%$875K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0574%1h0.4308+0.419%$1.2M$693K50xas long as short