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: Bitget against Gate+0.024%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.870% 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−0.024%−$2 · spread now +0.024%, 7d avg 0.000%
Together, before fees+0.046%+$5 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 0.024% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.42220.0100pay 0.0100% / 8h43m 26s$1.4M$1.1M50x
ShortBitget LDOUSDT0.42230.0100get 0.0100% / 8h43m 26s$3.2M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.024% → 0.000%
$2.37
Slippage, 4 orders
−$60.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$84.64
Costs to cover
0.870%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago4.74 bp28.7 bp −$29144.2 bp −$1,442doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.55 bp16.9 bp −$1740.0 bp −$400doesn'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−0.0920%1h0.4180−0.995%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4225+0.075%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4223+0.024%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.653%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4222−0.011%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4228+0.152%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4227+0.113%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4224+0.044%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4225+0.077%$17.7M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4219−0.071%$16.0M$9.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4221−0.024%$4.0M$6.6M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4222long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4225+0.071%$6.7M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4224+0.047%$2.7M$3.3M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4223+0.024%$3.2M$3.0M75x
BingX LDO-USDT+0.0100%8h0.42220.000%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4217−0.109%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4220−0.055%$201K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4216−0.143%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220−0.047%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4228+0.130%$22K$371K5xas long as short
SunX LDO-USDT+0.0100%8h0.4314+2.179%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4222+0.009%$254K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4219−0.066%$37K3xas long as short
BloFin LDO-USDT+0.0108%8h0.4220−0.047%$888K$258K75xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4220−0.050%$1.1M$711K50xas long as short
Lighter LDO+0.0256%1h0.4231+0.220%$853K$270K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4222+0.005%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4222+0.001%$294K15xas long as short