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: OKX against Binance−0.081%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days+0.058%+$6 · spread now −0.081%, 7d avg −0.051%
Together, before fees+0.124%+$12 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: OKX is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43420.0100pay 0.0100% / 8h7h 13m$18.2M$37.5M75x
ShortOKX LDO-USDT-SWAP0.43380.0100get 0.0100% / 8h7h 13m$4.1M$9.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.081% → −0.051%
−$3.05
Slippage, 4 orders
−$34.06
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$57.12
Costs to cover
0.541%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: 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, 13 min ago1.16 bp10.4 bp −$1020.3 bp −$203235.5 bp −$23.5Kdoesn't fit
Sell OKX live order book, 4 min ago2.31 bp15.6 bp −$1659.1 bp −$591doesn'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−0.0752%1h0.4333−0.196%$118K$53K50xas long as short
dYdX LDO-USD+0.0030%1h0.4336−0.120%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.333%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4339−0.048%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4342+0.015%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4340−0.044%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4340−0.034%$111K$178K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4342long leg$18.2M$37.5M75x
Bybit LDOUSDT+0.0100%8h0.4338−0.081%$16.4M$12.0M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4338−0.081%$4.1M$9.0M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4338−0.081%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4343+0.034%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4340−0.035%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4340−0.035%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4338−0.081%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4341−0.001%$89K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4335−0.154%$204K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4332−0.217%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.266%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4338−0.086%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4437+2.199%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4339−0.068%$264K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4341−0.022%$38K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4339−0.058%$789K$216K75xas long as short
Kraken Futures PF_LDOUSD+0.0195%1h0.4345+0.072%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0211%1h0.4341−0.012%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4339−0.063%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4335−0.147%$302K15xas long as short
Lighter LDO+0.0592%1h0.4350+0.195%$883K$267K10xas long as short