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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit+2.521%46s7-day average +2.374% · 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+0.109%+$11 on $10k
Price spread, last 3 days (all we have)−0.194%−$19 · spread now +2.521%, 7d avg +2.374%
Together, before fees−0.085%−$9 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 0.147% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +2.374%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.43630.0100pay 0.0100% / 8h54m 38s$16.6M$12.6M50x
ShortSunX LDO-USDT0.44730.0100get 0.0100% / 8h54m 38s$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +2.521% → +2.374%
$14.73
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$4.27
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago1.15 bp18.8 bp −$1937.1 bp −$371doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago246.30 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
Injective LDO/USDC PERP−0.5000%1h0.4110−5.799%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4369+0.138%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4367+0.101%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4372+0.206%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4373+0.228%$1.1M$528K50xas long as short
BloFin LDO-USDT+0.0090%8h0.4368+0.115%$791K$223K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4365+0.037%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4376+0.296%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4368+0.110%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4369+0.138%$112K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4368+0.122%$18.2M$37.6M75xas long as short
Bybit LDOUSDTlong+0.0100%8h0.4363long leg$16.6M$12.6M50x
OKX LDO-USDT-SWAP+0.0100%8h0.4365+0.046%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4368+0.115%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4368+0.115%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4371+0.183%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4364+0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4367+0.092%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4371+0.188%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4353−0.231%$204K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4360−0.071%$310K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4360−0.069%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4370+0.151%$23K$736K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4473+2.521%$2K$1.4M20x
Extended LDO-USD+0.0104%1h0.4363−0.007%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4371+0.183%$39K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4369+0.140%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4365+0.051%$304K15xas long as short
Lighter LDO+0.0504%1h0.4376+0.309%$887K$268K10xas long as short