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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.017%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.521% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 days−0.030%−$3 · spread now −0.017%, 7d avg −0.035%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43270.0100pay 0.0100% / 8h5h 19m$18.2M$31.3M75x
ShortBitget LDOUSDT0.43260.0100get 0.0100% / 8h5h 19m$3.4M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.017% → −0.035%
$1.88
Slippage, 4 orders
−$30.1
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$50.22
Costs to cover
0.521%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: 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 Binance live order book, 8 min ago1.17 bp12.3 bp −$1226.3 bp −$263237.6 bp −$23.8Kdoesn't fit
Sell Bitget live order book, 4 min ago3.47 bp15.8 bp −$1641.1 bp −$411doesn'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
Coinbase International LDO-PERP-INTX−0.0512%1h0.4304−0.525%$120K$42K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.155%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.009%$4K$1312xas long as short
BloFin LDO-USDT+0.0072%8h0.4327+0.007%$917K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4320−0.149%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4328+0.034%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326−0.017%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4320−0.158%$111K$86K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4327long leg$18.2M$31.3M75x
Bybit LDOUSDT+0.0100%8h0.4325−0.040%$16.3M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4323−0.086%$4.0M$7.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4326−0.017%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4325−0.040%$7.9M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4326−0.017%$2.8M$3.9M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4326−0.017%$3.4M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4325−0.040%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4326−0.026%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316−0.255%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.340%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.155%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.43270.000%$23K$552K5xas long as short
SunX LDO-USDT+0.0100%8h0.4425+2.272%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4321−0.124%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4325−0.036%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4326−0.017%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4325−0.043%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4323−0.087%$301K15xas long as short
Lighter LDO+0.0456%1h0.4334+0.175%$880K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0571%1h0.4328+0.031%$1.2M$678K50xas long as short