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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.093%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.093%, 7d avg −0.098%
Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43290.0100pay 0.0100% / 8h2h 50m$18.0M$38.1M75x
ShortExtended LDO-USD0.43250.0104get 0.0013% / 1h50m 37s$259K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.093% → −0.098%
$0.47
Slippage, 4 orders
−$39.03
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$52.73
Costs to cover
0.540%
Break-even
446.4 days
Slippage from Binance: live order book, 6 min ago; Extended: live order book, 3 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, 6 min ago1.15 bp10.8 bp −$1122.7 bp −$227197.6 bp −$19.8Kdoesn't fit
Sell Extended live order book, 3 min ago3.46 bp15.3 bp −$1584.3 bp −$843doesn'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−0.0688%1h0.4325−0.103%$117K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0329%1h0.4326−0.082%$1.1M$555K50xas long as short
dYdX LDO-USD0.0000%1h0.4328−0.034%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4325−0.103%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.373%$4K$1112xas long as short
BloFin LDO-USDT+0.0093%8h0.4324−0.126%$794K$229K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4328−0.026%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4330+0.020%$12.0M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4330+0.005%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4329−0.010%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDTlong+0.0100%8h0.4329long leg$18.0M$38.1M75x
Bybit LDOUSDT+0.0100%8h0.4326−0.080%$16.8M$13.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4327−0.057%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4324−0.126%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4329−0.010%$8.8M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4328−0.034%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4326−0.080%$3.3M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4326−0.080%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4325−0.094%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4319−0.252%$202K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4344+0.336%$303K$3.6M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.244%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4324−0.117%$26K$688K5xas long as short
SunX LDO-USDT+0.0100%8h0.4426+2.230%$2K$1.5M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4325−0.093%$259K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4324−0.126%$38K3xas long as short
Lighter LDO+0.0120%1h0.4341+0.271%$880K$263K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4325−0.103%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4320−0.220%$301K15xas long as short