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: Binance against KuCoin+0.031%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.031%, 7d avg +0.002%
Together, before fees+0.031%+$3 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: Binance is 0.029% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42290.0100pay 0.0100% / 8h2h 55m$2.7M$3.5M50x
ShortBinance LDOUSDT0.42300.0100get 0.0100% / 8h2h 55m$17.8M$30.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.031% → +0.002%
$2.95
Slippage, 4 orders
−$60.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.06
Costs to cover
0.820%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 1 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 KuCoin live order book, 7 min ago1.19 bp34.6 bp −$35866.9 bp −$8,669doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.36 bp11.8 bp −$1232.2 bp −$322135.5 bp −$13.6Kdoesn'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−0.0464%1h0.4189−0.946%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4227−0.044%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4236+0.166%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.814%$4K$1112xas long as short
BloFin LDO-USDT+0.0073%8h0.4231+0.047%$901K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4227−0.043%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4235+0.132%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4233+0.095%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4230+0.027%$108K$27K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4230+0.031%$17.8M$30.9M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4226−0.071%$15.9M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4227−0.047%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4228−0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4228−0.024%$7.4M$5.8M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4229long leg$2.7M$3.5M50x
Bitget LDOUSDT+0.0100%8h0.42290.000%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4230+0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4235+0.142%$90K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4234+0.113%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4223−0.151%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220−0.213%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4235+0.147%$29K$363K5xas long as short
SunX LDO-USDT+0.0100%8h0.4336+2.530%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4226−0.081%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4235+0.154%$37K3xas long as short
Lighter LDO+0.0312%1h0.4238+0.203%$854K$263K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4235+0.144%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4231+0.038%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0596%1h0.4240+0.269%$1.1M$657K50xas long as short