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: OKX against Bitget−0.093%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days+0.093%+$9 · spread now −0.093%, 7d avg −0.016%
Together, before fees+0.061%+$6 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: OKX is 0.077% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42850.0100pay 0.0100% / 8h6h 31m$3.3M$3.3M75x
ShortOKX LDO-USDT-SWAP0.42810.0100get 0.0100% / 8h6h 31m$4.0M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.093% → −0.016%
−$7.72
Slippage, 4 orders
−$39.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$68.85
Costs to cover
0.611%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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 ago3.49 bp11.6 bp −$1239.9 bp −$399doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.17 bp19.2 bp −$1974.8 bp −$748doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4267−0.420%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4284−0.015%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4284−0.023%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.084%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4280−0.111%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4285+0.005%$11.8M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4286+0.024%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.42850.000%$110K$160K10xas long as short
Binance LDOUSDT+0.0100%8h0.42850.000%$17.9M$33.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4280−0.117%$16.1M$11.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.4281−0.093%$4.0M$7.7M50x
Gate LDO_USDT+0.0100%8h0.42850.000%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4280−0.117%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4283−0.047%$2.7M$4.1M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4285long leg$3.3M$3.3M75x
BingX LDO-USDT+0.0100%8h0.4284−0.023%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4283−0.058%$89K$158K10xas long as short
Variational Omni LDO+0.0100%8h0.4280−0.109%$202K$71Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4275−0.233%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.117%$33K$643K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4285+0.012%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4385+2.334%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4278−0.172%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4282−0.061%$38K3xas long as short
Lighter LDO+0.0216%1h0.4290+0.124%$872K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4283−0.037%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4282−0.078%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0562%1h0.4285+0.005%$1.2M$784K50xas long as short