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: Gate against BingX0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days−0.047%−$5 · spread now 0.000%, 7d avg +0.003%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42060.0100pay 0.0100% / 8h2h 32m$10.0M
ShortGate LDO_USDT0.42060.0100get 0.0100% / 8h2h 32m$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: 0.000% → +0.003%
−$0.33
Slippage, 4 orders
−$64.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$89.57
Costs to cover
0.892%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago3.56 bp12.6 bp −$1324.5 bp −$245189.0 bp −$18.9K415.3 bp −$207.6K
Sell Gate live order book, just now4.76 bp31.5 bp −$32129.9 bp −$1,299doesn'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−0.0464%1h0.4196−0.238%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4211+0.127%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42060.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.282%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4206−0.003%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4207+0.019%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4208+0.039%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4207+0.032%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4205−0.024%$17.7M$30.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4203−0.071%$15.9M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4202−0.095%$4.0M$6.7M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.42060.000%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4204−0.048%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.42060.000%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4203−0.071%$3.2M$3.1M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4206long leg$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4207+0.033%$89K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4215+0.210%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4217+0.261%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220+0.333%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4207+0.017%$22K$379K5xas long as short
SunX LDO-USDT+0.0100%8h0.4307+2.401%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4200−0.134%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4203−0.072%$37K3xas long as short
BloFin LDO-USDT+0.0130%8h0.4210+0.095%$897K$256K75xas long as short
Lighter LDO+0.0312%1h0.4212+0.147%$849K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.029%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4203−0.080%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0601%1h0.4206+0.004%$1.1M$655K50xas long as short