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 Bitget−0.119%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1011.005% 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+0.194%+$19 · spread now −0.119%, 7d avg +0.033%
Together, before fees+0.010%+$1 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 0.152% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42160.0100pay 0.0100% / 8h2h 37m$3.2M$3.1M75x
ShortKuCoin LDOUSDTM0.42110.0100get 0.0100% / 8h2h 37m$2.7M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.119% → +0.033%
−$15.19
Slippage, 4 orders
−$76.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$115.72
Costs to cover
1.005%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago2.38 bp14.4 bp −$1439.6 bp −$396doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.37 bp31.0 bp −$31246.6 bp −$2,466doesn'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−0.0464%1h0.4170−1.091%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4208−0.186%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4213−0.071%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.514%$4K$1112xas long as short
BloFin LDO-USDT+0.0088%8h0.4203−0.308%$897K$255K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4217+0.032%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4217+0.033%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4217+0.023%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4216+0.009%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4217+0.024%$17.7M$31.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4215−0.024%$16.0M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4215−0.024%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4215−0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4218+0.047%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4211−0.119%$2.7M$3.5M50x
Bitget LDOUSDTlong+0.0100%8h0.4216long leg$3.2M$3.1M75x
BingX LDO-USDT+0.0100%8h0.4218+0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4214−0.059%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4211−0.122%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4202−0.332%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4200−0.380%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4211−0.109%$26K$368K5xas long as short
SunX LDO-USDT+0.0100%8h0.4309+2.206%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4215−0.014%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4211−0.124%$37K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4208−0.186%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4209−0.162%$294K15xas long as short
Lighter LDO+0.0344%1h0.4224+0.197%$851K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0599%1h0.4216+0.001%$1.1M$656K50xas long as short