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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: MEXC against Hyperliquid−0.074%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.074%, 7d avg −0.066%
Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.43230.0100pay 0.0013% / 1h55m 33s$11.9M$3.8M5x
ShortMEXC LDO_USDT0.43200.0100get 0.0100% / 8h1h 55m$8.6M$7.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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: −0.074% → −0.066%
−$0.85
Slippage, 4 orders
−$19.08
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$28.93
Costs to cover
0.281%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; MEXC: live order book, 2 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 Hyperliquid live order book, 7 min ago0.12 bp9.8 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.16 bp4.1 bp −$411.7 bp −$117105.6 bp −$10.6K151.7 bp −$75.9K

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
Injective LDO/USDC PERP−0.0851%1h0.4270−1.231%$4K$1312xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−1.184%$116K$54K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0214%1h0.4312−0.259%$3K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4311−0.291%$83K$17K5xas long as short
Lighter LDO+0.0096%1h0.4329+0.141%$878K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4315−0.190%$3K$5620xas long as short
Hyperliquid LDOlong+0.0100%1h0.4323long leg$11.9M$3.8M5x
Aster LDOUSDT+0.0100%8h0.4316−0.167%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4316−0.167%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4320−0.063%$18.0M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4316−0.167%$16.5M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4315−0.190%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4313−0.236%$1.4M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4320−0.074%$8.6M$7.6M200x
KuCoin LDOUSDTM+0.0100%8h0.4317−0.143%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4317−0.143%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4314−0.213%$3.9Mas long as short
Variational Omni LDO+0.0100%8h0.4292−0.715%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.564%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.537%$34K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4322−0.032%$23K$740K5xas long as short
SunX LDO-USDT+0.0100%8h0.4413+2.077%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4313−0.246%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313−0.236%$38K3xas long as short
BloFin LDO-USDT+0.0117%8h0.4298−0.583%$788K$227K75xas long as short
Backpack LDO_USDC_PERP+0.0179%1h0.4314−0.213%$86K$186K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4315−0.189%$1.1M$564K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4313−0.246%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4316−0.166%$301K15xas long as short