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 BingX+0.017%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.017%, 7d avg +0.054%
Together, before fees+0.126%+ Points / potential airdropPacifica: Active · farm board+$13 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 0.037% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.43160.0100pay 0.0100% / 8h7h 20m$10.1M
ShortPacifica LDO0.43170.0100get 0.0013% / 1h20m 26s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.017% → +0.054%
−$3.72
Slippage, 4 orders
−$37.72
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$59.43
Costs to cover
0.557%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Pacifica: live order book, 52 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, 15 min ago3.49 bp10.1 bp −$1023.4 bp −$234145.4 bp −$14.5K467.7 bp −$233.8K
Sell Pacifica live order book, 52 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%1h0.4311−0.116%$118K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4315−0.017%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.773%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4312−0.101%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4318+0.053%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4321+0.122%$170K$149K10xas long as short
Pacifica LDOshort+0.0100%1h0.4317+0.017%$111K$178K10x
Binance LDOUSDT+0.0100%8h0.4317+0.023%$18.1M$37.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4313−0.070%$16.4M$12.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4312−0.093%$4.1M$9.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4317+0.023%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43160.000%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4317+0.023%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4314−0.046%$3.4M$3.6M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4316long leg$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4311−0.123%$87K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4309−0.167%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4318+0.043%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.139%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4318+0.049%$23K$731K5xas long as short
SunX LDO-USDT+0.0100%8h0.4413+2.247%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4314−0.046%$263K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4315−0.035%$38K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4315−0.023%$789K$217K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4316−0.004%$1.1M$526K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4315−0.023%$3K$10K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4312−0.099%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4312−0.084%$301K15xas long as short
Lighter LDO+0.0624%1h0.4326+0.222%$878K$267K10xas long as short