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: OKX against Bybit0.000%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.028%+$3 · spread now 0.000%, 7d avg +0.025%
Together, before fees+0.104%+$10 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 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42810.0100pay 0.0100% / 8h3h 58m$16.1M$9.9M50x
ShortOKX LDO-USDT-SWAP0.42810.0100get 0.0100% / 8h3h 58m$4.0M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → +0.025%
−$2.49
Slippage, 4 orders
−$36.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.44
Costs to cover
0.579%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago1.17 bp11.6 bp −$1234.2 bp −$342doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.34 bp14.6 bp −$1554.5 bp −$545doesn'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−0.0352%1h0.4268−0.304%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4286+0.110%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4286+0.117%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.994%$4K$1312xas long as short
BloFin LDO-USDT+0.0078%8h0.4287+0.140%$909K$253K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4282+0.034%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+0.166%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4290+0.212%$169K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4287+0.147%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4286+0.117%$18.0M$30.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTlong+0.0100%8h0.4281long leg$16.1M$9.9M50x
OKX LDO-USDT-SWAPshort+0.0100%8h0.42810.000%$4.0M$6.8M50x
Gate LDO_USDT+0.0100%8h0.4287+0.140%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4286+0.117%$7.7M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4286+0.117%$2.8M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4283+0.047%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4287+0.140%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4284+0.064%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4276−0.117%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.023%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4289+0.199%$23K$510K5xas long as short
SunX LDO-USDT+0.0100%8h0.4390+2.546%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4283+0.043%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4286+0.106%$38K3xas long as short
Backpack LDO_USDC_PERP+0.0196%1h0.4285+0.103%$91K$176K10xas long as short
Lighter LDO+0.0256%1h0.4296+0.346%$875K$244K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4284+0.064%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4282+0.026%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0393%1h0.4288+0.158%$1.2M$678K50xas long as short