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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against MEXC−0.048%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$380.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)+0.754%+$75 · spread now −0.048%, 7d avg +0.103%
Together, before fees+0.808%+$81 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: ApeX Omni is 0.150% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.41920.0100pay 0.0100% / 8h7h 52m$6.7M$5.3M200x
ShortApeX Omni LDOUSDT0.41900.0100get 0.0013% / 1h52m 53s$31K$633K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: −0.048% → +0.103%
−$15.05
Slippage, 4 orders
−$28.47
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$53.52
Costs to cover
0.385%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 45 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 MEXC live order book, 5 min ago1.19 bp5.6 bp −$612.3 bp −$12383.3 bp −$8,334148.1 bp −$74.1K
Sell ApeX Omni live order book, 45 min ago5.96 bp14.5 bp −$14106.7 bp −$1,067doesn'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−0.0952%1h0.4180−0.286%$116K$39K50xas long as short
Kraken Futures PF_LDOUSD−0.0370%1h0.4192−0.001%$1.1M$729K50xas long as short
dYdX LDO-USD0.0000%1h0.4189−0.065%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.956%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4187−0.122%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4196+0.091%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4194+0.056%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4189−0.083%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4193+0.024%$17.6M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4189−0.072%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4191−0.024%$4.0M$6.5M50xas long as short
Gate LDO_USDT+0.0100%8h0.4193+0.024%$1.5M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4192long leg$6.7M$5.3M200x
KuCoin LDOUSDTM+0.0100%8h0.41920.000%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4191−0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4193+0.024%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4191−0.017%$89K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4196+0.091%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4190−0.056%$297K$3.5M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4190−0.048%$31K$633K50x
Polymarket Perps LDO-USD+0.0100%1h0.4195+0.072%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4287+2.266%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4190−0.055%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.41920.000%$37K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4194+0.048%$887K$256K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0227%1h0.4193+0.024%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4190−0.044%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4193+0.021%$292K15xas long as short
Lighter LDO+0.0456%1h0.4201+0.212%$847K$271K10xas long as short