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

LDO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0951%/8h= −104.1% APRpaid last 24h −0.348%
Price spread now: Injective against BingX−5.059%102s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.400%−$140 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Injective is 5.059% cheaper against BingX than usual: you would sell low and buy high (−$506 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.43290.0100pay 0.0100% / 8h1h 39m$3.8M
ShortInjective LDO/USDC PERP0.4110−0.0851pay 0.0106% / 1h39m 40s$4K$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$199.68
Price spread: −5.059% → 0.000%
−$505.89
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$715.59
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Injective: no order-book sample. Net counts fees only.

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, 10 min ago3.48 bp10.4 bp −$1018.4 bp −$184123.2 bp −$12.3K441.5 bp −$220.8K
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective LDO/USDC PERPshort−0.0851%1h0.4110−5.059%$4K$1412x
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−1.317%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4326−0.060%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4330+0.023%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4330+0.017%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4335+0.148%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4332+0.080%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4332+0.069%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4332+0.073%$18.0M$38.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4327−0.046%$16.5M$13.3M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4327−0.046%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4330+0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4332+0.069%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4332+0.069%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43290.000%$3.4M$3.8M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4329long leg$3.8M
Backpack LDO_USDC_PERP+0.0100%1h0.4332+0.072%$86K$182K10xas long as short
Variational Omni LDO+0.0100%8h0.4318−0.254%$202K$85Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4322−0.156%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.208%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4330+0.023%$23K$741K5xas long as short
SunX LDO-USDT+0.0100%8h0.4432+2.379%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4328−0.029%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4331+0.045%$38K3xas long as short
BloFin LDO-USDT+0.0110%8h0.4326−0.069%$788K$229K75xas long as short
Lighter LDO+0.0160%1h0.4339+0.238%$881K$267K10xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4331+0.049%$1.1M$562K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4330+0.028%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4325−0.088%$302K15xas long as short