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: MEXC against Gate+0.072%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days+0.022%+$2 · spread now +0.072%, 7d avg +0.031%
Together, before fees−0.006%−$1 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: MEXC is 0.040% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.41900.0100pay 0.0100% / 8h23m 49s$1.4M$1.2M50x
ShortMEXC LDO_USDT0.41930.0100get 0.0100% / 8h23m 49s$6.6M$5.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.072% → +0.031%
$4.04
Slippage, 4 orders
−$49.41
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$60.36
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: 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, 3 min ago3.58 bp29.7 bp −$30147.9 bp −$1,479doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.19 bp3.0 bp −$38.4 bp −$8450.3 bp −$5,026140.4 bp −$70.2K

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%1h0.4172−0.430%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4189−0.019%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.909%$4K$1112xas long as short
BloFin LDO-USDT+0.0085%8h0.4188−0.048%$890K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4185−0.125%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4195+0.117%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4191+0.024%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4188−0.052%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4191+0.026%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4188−0.048%$16.0M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4189−0.024%$4.0M$6.6M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4190long leg$1.4M$1.2M50x
MEXC LDO_USDTshort+0.0100%8h0.4193+0.072%$6.6M$5.5M200x
KuCoin LDOUSDTM+0.0100%8h0.4191+0.024%$2.6M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4189−0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.41900.000%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4191+0.019%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4184−0.150%$199K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4192+0.048%$294K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.41900.000%$31K$633K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4192+0.043%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4290+2.387%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4189−0.032%$254K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4192+0.036%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0226%1h0.4190−0.009%$1.1M$728K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0227%1h0.4192+0.048%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4190−0.003%$23K100xas long as short
Lighter LDO+0.0344%1h0.4198+0.191%$846K$270K10xas long as short
Reya LDORUSDPERP+0.0346%1h0.4189−0.018%$292K15xas long as short