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: OKX against KuCoin0.000%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 7 days−0.047%−$5 · spread now 0.000%, 7d avg −0.049%
Together, before fees+0.105%+$11 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: OKX is 0.049% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42950.0100pay 0.0100% / 8h6h 04m$2.8M$4.1M50x
ShortOKX LDO-USDT-SWAP0.42950.0100get 0.0100% / 8h6h 04m$4.0M$7.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → −0.049%
$4.86
Slippage, 4 orders
−$84.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$101.57
Costs to cover
1.064%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 3 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 ago2.33 bp40.3 bp −$40806.6 bp −$8,066doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.16 bp19.7 bp −$2071.3 bp −$713doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4259−0.838%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4290−0.116%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42950.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.307%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4289−0.138%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4299+0.095%$11.8M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4296+0.014%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4293−0.052%$110K$158K10xas long as short
Binance LDOUSDT+0.0100%8h0.4296+0.032%$18.0M$32.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4294−0.023%$16.1M$10.7M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.42950.000%$4.0M$7.5M50x
Gate LDO_USDT+0.0100%8h0.42950.000%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4296+0.023%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4295long leg$2.8M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4294−0.023%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.42950.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4294−0.028%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4288−0.169%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4277−0.419%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.116%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4295+0.005%$23K$687K5xas long as short
SunX LDO-USDT+0.0100%8h0.4392+2.258%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4294−0.035%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4295−0.006%$38K3xas long as short
Lighter LDO+0.0280%1h0.4302+0.163%$874K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4294−0.018%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4291−0.097%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0560%1h0.4297+0.044%$1.2M$759K50xas long as short