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 0.000%
Price spread now: BingX against Gate−0.023%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.023%, 7d avg −0.002%
Together, before fees+0.126%+$13 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: BingX is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43250.0100pay 0.0100% / 8h5h 18m$1.5M$1.0M50x
ShortBingX LDO-USDT0.43240.0100get 0.0100% / 8h5h 18m$10.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: −0.023% → −0.002%
−$2.11
Slippage, 4 orders
−$59.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.45
Costs to cover
0.843%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 10 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 Gate live order book, 4 min ago4.63 bp29.6 bp −$30331.9 bp −$3,319doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago2.34 bp14.7 bp −$1527.5 bp −$275105.9 bp −$10.6K383.2 bp −$191.6K

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%1h0.4304−0.486%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.116%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.971%$4K$1312xas long as short
BloFin LDO-USDT+0.0072%8h0.4327+0.046%$917K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4323−0.052%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4326+0.035%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326+0.023%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4326+0.013%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4325−0.003%$18.2M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4321−0.092%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4321−0.092%$4.0M$7.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4325long leg$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.43250.000%$7.9M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.43250.000%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4323−0.046%$3.4M$3.2M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4324−0.023%$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4326+0.014%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316−0.215%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.300%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.116%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4327+0.037%$23K$552K5xas long as short
SunX LDO-USDT+0.0100%8h0.4426+2.335%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4320−0.118%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4324−0.035%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.43250.000%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0321% / S −0.0201%1h0.4324−0.029%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4321−0.086%$301K15xas long as short
Lighter LDO+0.0456%1h0.4334+0.217%$880K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0571%1h0.4327+0.040%$1.2M$678K50xas long as short