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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Binance+0.092%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$560.560% 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 4 days (all we have)−0.031%−$3 · spread now +0.092%, 7d avg +0.014%
Together, before fees+0.066%+ Points / potential airdropPacifica: Active · farm board+$7 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: Pacifica is 0.078% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43220.0100pay 0.0100% / 8h7h 19m$18.1M$37.6M75x
ShortPacifica LDO0.43260.0100get 0.0013% / 1h19m 19s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.092% → +0.014%
$7.83
Slippage, 4 orders
−$38.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$48.21
Costs to cover
0.560%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Pacifica: live order book, 53 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 ago1.16 bp10.4 bp −$1020.3 bp −$203235.5 bp −$23.5Kdoesn't fit
Sell Pacifica live order book, 53 min ago5.82 bp19.2 bp −$19doesn't fitdoesn'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%1h0.4316−0.130%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.037%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4325+0.079%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.896%$4K$1412xas long as short
BloFin LDO-USDT+0.0086%8h0.4319−0.060%$790K$217K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4323+0.022%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4328+0.150%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326+0.104%$170K$149K10xas long as short
Pacifica LDOshort+0.0100%1h0.4326+0.092%$111K$178K10x
Binance LDOUSDTlong+0.0100%8h0.4322long leg$18.1M$37.6M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4316−0.130%$16.4M$12.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4316−0.130%$4.1M$9.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4324+0.055%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4325+0.079%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4325+0.079%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4322+0.009%$3.4M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4326+0.102%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4318−0.088%$87K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4309−0.297%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4313−0.198%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.269%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4326+0.111%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4425+2.393%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4321−0.008%$263K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4325+0.075%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4325+0.068%$1.1M$526K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4327+0.116%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4323+0.041%$302K15xas long as short
Lighter LDO+0.0616%1h0.4330+0.197%$879K$267K10xas long as short