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 +0.015%
Price spread now: BingX against Bybit+0.048%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.523% 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−0.038%−$4 · spread now +0.048%, 7d avg +0.036%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42080.0100pay 0.0100% / 8h52m 36s$15.9M$9.8M50x
ShortBingX LDO-USDT0.42100.0100get 0.0100% / 8h52m 36s$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.048% → +0.036%
$1.11
Slippage, 4 orders
−$31.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$51.18
Costs to cover
0.523%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 16 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 Bybit live order book, 1 min ago1.19 bp14.1 bp −$1434.9 bp −$349doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago2.37 bp11.4 bp −$1122.1 bp −$22184.4 bp −$8,443387.0 bp −$193.5K

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−0.0920%1h0.4180−0.665%$116K$39K50xas long as short
ApeX Omni LDOUSDT−0.0331%1h0.4200−0.190%$31K$634K50xas long as short
dYdX LDO-USD0.0000%1h0.4210+0.048%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4207−0.024%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.329%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4206−0.041%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4214+0.147%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4214+0.142%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4212+0.106%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4211+0.081%$17.7M$30.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTlong+0.0100%8h0.4208long leg$15.9M$9.8M50x
OKX LDO-USDT-SWAP+0.0100%8h0.42080.000%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4209+0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4211+0.071%$6.6M$5.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4211+0.071%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4209+0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4210+0.048%$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4207−0.014%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4191−0.411%$195K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.42080.000%$299K$3.5M10xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4212+0.083%$22K$371K5xas long as short
SunX LDO-USDT+0.0100%8h0.4308+2.376%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4208+0.004%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4206−0.053%$37K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4207−0.024%$890K$257K75xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4209+0.032%$1.1M$709K50xas long as short
Lighter LDO+0.0312%1h0.4219+0.269%$850K$270K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.061%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4205−0.082%$293K15xas long as short