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: KuCoin against Gate+0.093%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 7 days−0.038%−$4 · spread now +0.093%, 7d avg +0.035%
Together, before fees−0.152%−$15 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: KuCoin is 0.058% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43010.0100pay 0.0100% / 8h7h 38m$1.4M$1.0M50x
ShortKuCoin LDOUSDTM0.43050.0100get 0.0100% / 8h7h 38m$2.8M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.093% → +0.035%
$5.8
Slippage, 4 orders
−$95.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$116.34
Costs to cover
1.221%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 9 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, 3 min ago3.48 bp31.9 bp −$32178.2 bp −$1,782doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago2.32 bp29.4 bp −$29249.1 bp −$2,491doesn'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−0.0752%1h0.4306+0.116%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4310+0.216%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4302+0.023%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.441%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4305+0.086%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4305+0.088%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4305+0.087%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4310+0.216%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4304+0.073%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4299−0.047%$16.3M$12.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4299−0.047%$4.1M$9.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4301long leg$1.4M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4303+0.047%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4305+0.093%$2.8M$4.2M50x
Bitget LDOUSDT+0.0100%8h0.4302+0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4300−0.023%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4301−0.005%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4311+0.229%$202K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312+0.256%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.209%$35K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4307+0.133%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+2.372%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4299−0.050%$259K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4301−0.002%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4304+0.070%$789K$222K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4304+0.076%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4302+0.015%$23K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4302+0.021%$300K15xas long as short
Lighter LDO+0.0528%1h0.4311+0.235%$875K$267K10xas long as short