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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX+2.224%7-day average +2.330% · you sell dearer than you buy
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 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.053%+$5 · spread now +2.224%, 7d avg +2.330%
Together, before fees+0.053%+$5 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: SunX is 0.107% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +2.330%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.43170.0100pay 0.0100% / 8h2h 43m$3.8M
ShortSunX LDO-USDT0.44130.0100get 0.0100% / 8h2h 43m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +2.224% → +2.330%
−$10.67
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.67
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; SunX: live order book, 11 min ago. 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, 6 min ago3.46 bp11.4 bp −$1118.1 bp −$181145.9 bp −$14.6K427.8 bp −$213.9K
Sell SunX live order book, 11 min ago330.99 bpdoesn't fitdoesn'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−0.0688%1h0.4325+0.185%$117K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0330%1h0.4316−0.014%$1.1M$557K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0213%1h0.4314−0.069%$3K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4321+0.086%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.089%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4330+0.308%$878K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4316−0.020%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4319+0.044%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4320+0.059%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4319+0.046%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4318+0.031%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4314−0.069%$16.7M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4312−0.116%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4316−0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43170.000%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4319+0.046%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4315−0.046%$3.4M$3.7M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4317long leg$3.8M
Backpack LDO_USDC_PERP+0.0100%1h0.4314−0.069%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4319+0.035%$201K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4316−0.024%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.069%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4318+0.014%$34K$697K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4413+2.224%$2K$1.5M20x
BloFin LDO-USDT+0.0102%8h0.4318+0.023%$793K$228K75xas long as short
Extended LDO-USD+0.0104%1h0.4315−0.046%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313−0.088%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4314−0.064%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4312−0.112%$301K15xas long as short