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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.026%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.026%, 7d avg +0.058%
Together, before fees+0.101%+ Points / potential airdropExtended: Active · farm board+$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: Bitget is 0.032% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43230.0104pay 0.0013% / 1h18m 04s$259K$1.3M25x
ShortBitget LDOUSDT0.43240.0100get 0.0100% / 8h5h 18m$3.4M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: +0.026% → +0.058%
−$3.21
Slippage, 4 orders
−$44.23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.28
Costs to cover
0.612%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Bitget: live order book, 5 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 Extended live order book, 5 min ago3.48 bp15.4 bp −$1583.5 bp −$835doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.47 bp15.8 bp −$1641.1 bp −$411doesn'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−0.0512%1h0.4304−0.437%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.067%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.925%$4K$1312xas long as short
BloFin LDO-USDT+0.0072%8h0.4327+0.095%$917K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4323−0.003%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4328+0.111%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326+0.072%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4326+0.062%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4327+0.087%$18.2M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4325+0.049%$16.3M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4323+0.002%$4.0M$7.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4325+0.049%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4326+0.072%$7.9M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4326+0.072%$2.8M$3.9M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4324+0.026%$3.4M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4325+0.049%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4325+0.049%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316−0.166%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.252%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.067%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4327+0.086%$23K$552K5xas long as short
SunX LDO-USDT+0.0100%8h0.4426+2.385%$2K$1.2M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4323long leg$259K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4324+0.014%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4325+0.049%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0321% / S −0.0201%1h0.4324+0.020%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4321−0.037%$301K15xas long as short
Lighter LDO+0.0456%1h0.4333+0.241%$880K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0571%1h0.4327+0.089%$1.2M$678K50xas long as short