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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bitget+0.046%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.580% 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)+0.274%+$27 · spread now +0.046%, 7d avg +0.071%
Together, before fees+0.274%+ Points / potential airdropPacifica: Active · farm board+$27 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 0.025% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.43560.0100pay 0.0100% / 8h2h 17m$3.4M$3.7M75x
ShortPacifica LDO0.43580.0100get 0.0013% / 1h17m 41s$112K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.046% → +0.071%
−$2.48
Slippage, 4 orders
−$38.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$60.52
Costs to cover
0.580%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Pacifica: 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 ago2.29 bp12.2 bp −$1236.7 bp −$367doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago3.44 bp15.9 bp −$16doesn'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%1h0.4290−1.515%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0327%1h0.4358+0.039%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4355−0.023%$3K$10K25xas long as short
dYdX LDO-USD+0.0017%1h0.4359+0.066%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.974%$4K$1112xas long as short
BloFin LDO-USDT+0.0088%8h0.4350−0.138%$790K$230K75xas long as short
Lighter LDO+0.0096%1h0.4373+0.388%$887K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4356−0.009%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4361+0.106%$12.1M$3.6M5xas long as short
Aster LDOUSDT+0.0100%8h0.4360+0.083%$171K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDOshort+0.0100%1h0.4358+0.046%$112K$182K10x
Binance LDOUSDT+0.0100%8h0.4358+0.046%$18.2M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4355−0.023%$16.9M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4353−0.069%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4354−0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43560.000%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4358+0.046%$2.8M$4.3M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4356long leg$3.4M$3.7M75x
BingX LDO-USDT+0.0100%8h0.4355−0.023%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4354−0.041%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4359+0.075%$204K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4353−0.078%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4360+0.092%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4356+0.005%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4455+2.273%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4354−0.035%$262K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4354−0.046%$39K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4354−0.035%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4352−0.100%$303K15xas long as short