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 −0.015%
Price spread now: Bybit against Bitget−0.023%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.585% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.023%, 7d avg −0.042%
Together, before fees−0.108%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.43350.0100pay 0.0100% / 8h1h 15m$3.4M$3.7M75x
ShortBybit LDOUSDT0.43340.0100get 0.0100% / 8h1h 15m$16.5M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.023% → −0.042%
$1.89
Slippage, 4 orders
−$35.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$56.64
Costs to cover
0.585%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 3 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 Bitget live order book, 2 min ago1.15 bp12.8 bp −$1336.1 bp −$361doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.15 bp17.6 bp −$1838.0 bp −$380doesn'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
Injective LDO/USDC PERP−0.0851%1h0.4110−5.190%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4341+0.138%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4334−0.014%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4340+0.115%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4335−0.010%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4345+0.233%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4339+0.086%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4338+0.070%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4338+0.073%$18.0M$37.7M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4334−0.023%$16.5M$12.9M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4333−0.046%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.43350.000%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4338+0.069%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4336+0.023%$2.8M$4.3M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4335long leg$3.4M$3.7M75x
BingX LDO-USDT+0.0100%8h0.4336+0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4337+0.053%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4332−0.070%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4331−0.096%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.115%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340+0.111%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4442+2.468%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4332−0.061%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4339+0.092%$38K3xas long as short
BloFin LDO-USDT+0.0112%8h0.4331−0.092%$787K$224K75xas long as short
Lighter LDO+0.0280%1h0.4347+0.279%$882K$268K10xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4339+0.094%$1.1M$539K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4339+0.099%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.43350.000%$302K15xas long as short