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 −0.015%
Price spread now: Bybit against KuCoin−0.024%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 7 days−0.056%−$6 · spread now −0.024%, 7d avg −0.074%
Together, before fees+0.019%+$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: Bybit is 0.051% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42370.0100pay 0.0100% / 8h2h 19m$2.7M$3.5M50x
ShortBybit LDOUSDT0.42360.0100get 0.0100% / 8h2h 19m$16.1M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.024% → −0.074%
$5.06
Slippage, 4 orders
−$106.29
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$124.23
Costs to cover
1.293%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: 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 KuCoin live order book, 3 min ago1.18 bp59.5 bp −$59846.4 bp −$8,464doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.19 bp14.1 bp −$1438.6 bp −$386doesn'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−0.0464%1h0.4192−1.062%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4231−0.136%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4235−0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.997%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4236−0.012%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4240+0.068%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4236−0.015%$167K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4236−0.030%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4237−0.001%$17.7M$31.2M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4236−0.024%$16.1M$10.2M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4235−0.047%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4235−0.047%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42370.000%$7.2M$5.9M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4237long leg$2.7M$3.5M50x
Bitget LDOUSDT+0.0100%8h0.4236−0.024%$3.2M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.42370.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4234−0.078%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4215−0.525%$196K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4199−0.893%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4200−0.873%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4239+0.050%$22K$380K5xas long as short
SunX LDO-USDT+0.0100%8h0.4336+2.337%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4233−0.091%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4236−0.032%$37K3xas long as short
BloFin LDO-USDT+0.0127%8h0.4217−0.472%$895K$258K75xas long as short
Lighter LDO+0.0216%1h0.4244+0.163%$856K$266K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4237−0.001%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4235−0.057%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0597%1h0.4234−0.073%$1.1M$660K50xas long as short