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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Gate−0.023%63s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.023%, 7d avg +0.045%
Together, before fees−0.016%−$2 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: BloFin is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43250.0100pay 0.0100% / 8h2h 50m$1.4M$1.1M50x
ShortBloFin LDO-USDT0.43240.0093get 0.0093% / 8h2h 50m$794K$229K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.57
Price spread: −0.023% → +0.045%
−$6.77
Slippage, 4 orders
−$59.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$94.64
Costs to cover
0.863%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 36 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, 2 min ago6.93 bp30.9 bp −$31180.7 bp −$1,807doesn't fitdoesn't fit
Sell BloFin live order book, 36 min ago4.60 bp12.1 bp −$1219.5 bp −$19560.5 bp −$6,054doesn'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−0.0688%1h0.43250.000%$117K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0329%1h0.4330+0.122%$1.1M$555K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0212%1h0.4331+0.139%$3K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4328+0.069%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.272%$4K$1112xas long as short
BloFin LDO-USDTshort+0.0093%8h0.4324−0.023%$794K$229K75x
Lighter LDO+0.0096%1h0.4339+0.333%$879K$263K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4328+0.077%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4333+0.176%$12.0M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4329+0.081%$170K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4329+0.092%$111K$182K10xas long as short
Binance LDOUSDT+0.0100%8h0.4328+0.073%$18.0M$38.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4326+0.023%$16.8M$13.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.43250.000%$4.1M$9.2M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4325long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4327+0.046%$8.8M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4328+0.069%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43250.000%$3.3M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4326+0.023%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4331+0.132%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4319−0.150%$202K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4344+0.439%$303K$3.6M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.347%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4332+0.162%$26K$681K5xas long as short
SunX LDO-USDT+0.0100%8h0.4427+2.358%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4326+0.021%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4328+0.058%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4332+0.159%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4327+0.056%$302K15xas long as short