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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.002%
Price spread now: SunX against BloFin+2.195%7-day average +2.244% · 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 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now +2.195%, 7d avg +2.244%
Together, before fees+0.196%+$20 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 0.048% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +2.244%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LDO-USDT0.42360.0105pay 0.0105% / 8h7h 12m$892K$261K75x
ShortSunX LDO-USDT0.43290.0100get 0.0100% / 8h7h 12m$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$0.99
Price spread: +2.195% → +2.244%
−$4.82
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$25.8
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 54 min ago; SunX: live order book, 10 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 BloFin live order book, 54 min ago1.19 bp9.5 bp −$920.5 bp −$205100.2 bp −$10.0Kdoesn't fit
Sell SunX live order book, 10 min ago253.75 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−0.0952%1h0.4218−0.425%$115K$41K50xas long as short
Kraken Futures PF_LDOUSD−0.0367%1h0.4232−0.085%$1.1M$740K50xas long as short
dYdX LDO-USD0.0000%1h0.4231−0.114%$81K$2K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.975%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4230−0.150%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4237+0.017%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4237+0.013%$167K$90K10xas long as short
Pacifica LDO+0.0100%1h0.4233−0.064%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4233−0.071%$18.0M$31.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4229−0.165%$16.2M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4233−0.071%$4.0M$6.5M50xas long as short
Gate LDO_USDT+0.0100%8h0.4234−0.047%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4232−0.094%$6.9M$5.7M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4233−0.071%$2.6M$3.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4229−0.165%$3.2M$2.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4232−0.094%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4232−0.094%$87K$170K10xas long as short
Variational Omni LDO+0.0100%8h0.4229−0.168%$202K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4235−0.025%$298K$3.6M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230−0.142%$31K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4233−0.071%$25K$375K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4329+2.195%$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4228−0.191%$254K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4229−0.158%$37K3xas long as short
BloFin LDO-USDTlong+0.0105%8h0.4236long leg$892K$261K75x
Deribit LDO_USDC-PERPETUAL+0.0223%1h0.4230−0.142%$7K$10K25xas long as short
Lighter LDO+0.0272%1h0.4240+0.097%$855K$273K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4229−0.166%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4228−0.193%$295K15xas long as short