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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.022%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.786% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.022%, 7d avg −0.036%
Together, before fees+0.001%$0 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: Gate is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43440.0100pay 0.0100% / 8h35m 02s$18.1M$37.6M75x
ShortGate LDO_USDT0.43450.0100get 0.0100% / 8h35m 02s$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.022% → −0.036%
$5.83
Slippage, 4 orders
−$53.58
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$72.75
Costs to cover
0.786%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago1.15 bp11.6 bp −$1225.0 bp −$250196.4 bp −$19.6Kdoesn't fit
Sell Gate live order book, 2 min ago3.45 bp30.0 bp −$30153.7 bp −$1,537doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−5.388%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4350+0.137%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4351+0.170%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4345+0.022%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4345+0.032%$1.1M$529K50xas long as short
BloFin LDO-USDT+0.0086%8h0.4344−0.001%$793K$220K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4344+0.004%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4348+0.096%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4348+0.082%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4346+0.037%$112K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDTlong+0.0100%8h0.4344long leg$18.1M$37.6M75x
Bybit LDOUSDT+0.0100%8h0.4340−0.093%$16.5M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4339−0.116%$4.1M$9.1M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4345+0.022%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4343−0.024%$8.4M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4343−0.024%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4343−0.024%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4342−0.047%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4344−0.013%$88K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4342−0.047%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4350+0.135%$309K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.137%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4346+0.043%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4446+2.347%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4339−0.114%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4345+0.014%$38K3xas long as short
Lighter LDO+0.0216%1h0.4353+0.197%$883K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4346+0.039%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4341−0.064%$303K15xas long as short