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: KuCoin against BingX+0.095%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.095%, 7d avg +0.037%
Together, before fees−0.213%−$21 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: KuCoin is 0.057% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42150.0100pay 0.0100% / 8h1h 36m$10.0M
ShortKuCoin LDOUSDTM0.42190.0100get 0.0100% / 8h1h 36m$2.7M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.095% → +0.037%
$5.75
Slippage, 4 orders
−$63.4
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.65
Costs to cover
0.854%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 11 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 BingX live order book, 7 min ago3.55 bp14.7 bp −$1528.7 bp −$287181.3 bp −$18.1K431.5 bp −$215.7K
Sell KuCoin live order book, 11 min ago2.36 bp26.9 bp −$27239.9 bp −$2,399doesn'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−0.0648%1h0.4206−0.214%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4218+0.059%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4226+0.261%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.491%$4K$1112xas long as short
BloFin LDO-USDT+0.0076%8h0.4227+0.285%$893K$258K75xas long as short
Lighter LDO+0.0096%1h0.4230+0.349%$853K$270K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4220+0.111%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4217+0.036%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4218+0.074%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4221+0.142%$106K$28K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4215+0.001%$17.6M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4212−0.071%$15.9M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4213−0.047%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4216+0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42150.000%$6.7M$5.9M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4219+0.095%$2.7M$3.4M50x
Bitget LDOUSDT+0.0100%8h0.4216+0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4215long leg$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4223+0.180%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4223+0.184%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4228+0.308%$302K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.356%$31K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4216+0.031%$22K$370K5xas long as short
SunX LDO-USDT+0.0100%8h0.4327+2.657%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4215−0.001%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4226+0.257%$37K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4216+0.022%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4211−0.092%$294K15xas long as short
Kraken Futures PF_LDOUSD+0.0380%1h0.4228+0.301%$1.1M$697K50xas long as short