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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.063%
Price spread now: MEXC against Deribit0.000%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.43410get 0.0000% / 1h9m 50s$3K$10K25x
ShortMEXC LDO_USDT0.43410.0100get 0.0100% / 8h1h 09m$8.5M$7.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. 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
$21
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
$14
Costs to cover
0.070%
Break-even
2.3 days
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 3 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 Deribit no order-book sample
Sell MEXC live order book, 3 min ago1.15 bp3.5 bp −$414.1 bp −$14178.6 bp −$7,862147.1 bp −$73.6K
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0851%1h0.4110−5.321%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.668%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4338−0.060%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4341long leg$3K$10K25x
Paradex LDO-USD-PERP+0.0100%8h0.4337−0.081%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4348+0.170%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4342+0.018%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4342+0.012%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4342+0.031%$18.1M$37.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4336−0.115%$16.5M$12.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4338−0.069%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4340−0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.43410.000%$8.5M$7.6M200x
KuCoin LDOUSDTM+0.0100%8h0.43410.000%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4342+0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4340−0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4341−0.002%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4336−0.117%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333−0.182%$309K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340−0.023%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4340−0.012%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4441+2.304%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4337−0.090%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4341−0.009%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4344+0.069%$787K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4341+0.006%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4341−0.005%$24K100xas long as short
Lighter LDO+0.0320%1h0.4350+0.217%$882K$268K10xas long as short
Reya LDORUSDPERP+0.0334%1h0.4335−0.145%$302K15xas long as short