Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against BingX−0.163%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days+0.136%+$14 · spread now −0.163%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.126% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4297 | 0.0100 | pay 0.0100% / 8h | 10m 32s | — | $3.7M | — |
| Short | Bybit LDOUSDT | 0.4290 | 0.0100 | get 0.0100% / 8h | 10m 32s | $16.3M | $12.5M | 50x |
BingX LDO-USDT
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.163% → −0.037%
- −$12.55
- Slippage, 4 orders
- −$38.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$72.32
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 10 min ago | 3.47 bp | 13.0 bp −$13 | 24.5 bp −$245 | 128.6 bp −$12.9K | 456.5 bp −$228.2K |
| Sell Bybit live order book, 3 min ago | 1.16 bp | 18.6 bp −$19 | 38.6 bp −$386 | doesn't fit | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.5000% | 1h | 0.4110 | −4.352% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4290 | −0.163% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4290 | −0.157% | $83K | $17K | 5x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0027% | 1h | 0.4289 | −0.190% | $1.1M | $527K | 50x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4288 | −0.205% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4297 | −0.005% | $12.0M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4294 | −0.069% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4290 | −0.163% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4293 | −0.082% | $18.0M | $37.9M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4290 | −0.163% | $16.3M | $12.5M | 50x |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Kraken Futures PF_LDOUSD
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4290 | −0.163% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4289 | −0.186% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4295 | −0.047% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4292 | −0.116% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4291 | −0.140% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4297 | long leg | — | $3.7M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4285 | −0.270% | $85K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4282 | −0.352% | $200K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4295 | −0.051% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.070% | $34K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4295 | −0.047% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4385 | +2.048% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4289 | −0.177% | $257K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4285 | −0.277% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0109% | 8h | 0.4285 | −0.279% | $789K | $218K | 75x | as long as short |
| Lighter LDO | +0.0272% | 1h | 0.4300 | +0.065% | $873K | $269K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4297 | +0.010% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4290 | −0.153% | $299K | — | 15x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0450% | 1h | 0.4287 | −0.233% | $3K | $10K | 25x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Deribit LDO_USDC-PERPETUAL