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: KuCoin against Binance+0.026%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.417% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.026%, 7d avg −0.001%
Together, before fees−0.079%−$8 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: KuCoin is 0.027% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.42730.0100pay 0.0100% / 8h4h 25m$17.9M$31.1M75x
ShortKuCoin LDOUSDTM0.42740.0100get 0.0100% / 8h4h 25m$2.7M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.026% → −0.001%
$2.73
Slippage, 4 orders
−$119.68
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$138.95
Costs to cover
1.417%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: 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, 1 min ago1.17 bp13.3 bp −$1328.3 bp −$283247.2 bp −$24.7Kdoesn't fit
Sell KuCoin live order book, 2 min ago1.17 bp41.8 bp −$42247.4 bp −$2,474doesn'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−0.0416%1h0.4270−0.068%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4271−0.040%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4273+0.003%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.812%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4268−0.106%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4274+0.033%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4274+0.021%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4272−0.012%$110K$46K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4273long leg$17.9M$31.1M75x
Bybit LDOUSDT+0.0100%8h0.4273+0.003%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4273+0.003%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4272−0.021%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4271−0.044%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4274+0.026%$2.7M$3.7M50x
Bitget LDOUSDT+0.0100%8h0.4272−0.021%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4273+0.003%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4271−0.035%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4269−0.098%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4284+0.267%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.401%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4270−0.077%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4368+2.226%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4272−0.018%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4272−0.016%$38K3xas long as short
BloFin LDO-USDT+0.0116%8h0.4273+0.003%$902K$252K75xas long as short
Lighter LDO+0.0224%1h0.4280+0.164%$870K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4266−0.156%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4265−0.177%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4277+0.092%$1.1M$684K50xas long as short