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 MEXC−0.020%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.006%+$1 · spread now −0.020%, 7d avg +0.004%
Together, before fees+0.006%+$1 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 0.024% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42250.0100pay 0.0100% / 8h2h 21m$7.2M$5.9M200x
ShortBinance LDOUSDT0.42240.0100get 0.0100% / 8h2h 21m$17.7M$31.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.020% → +0.004%
−$2.39
Slippage, 4 orders
−$20.65
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$33.05
Costs to cover
0.307%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 5 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, 1 min ago1.19 bp4.2 bp −$48.8 bp −$8868.3 bp −$6,828145.5 bp −$72.7K
Sell Binance live order book, 5 min ago1.19 bp12.6 bp −$1331.3 bp −$313129.4 bp −$12.9Kdoesn'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%1h0.4192−0.781%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4221−0.089%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4217−0.189%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.722%$4K$1112xas long as short
BloFin LDO-USDT+0.0085%8h0.4202−0.544%$892K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4222−0.060%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4225+0.012%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4223−0.057%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4224−0.035%$108K$27K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4224−0.020%$17.7M$31.2M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4221−0.095%$16.0M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4220−0.118%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4221−0.095%$1.4M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4225long leg$7.2M$5.9M200x
KuCoin LDOUSDTM+0.0100%8h0.42250.000%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4221−0.095%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4224−0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4223−0.054%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4183−0.999%$196K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4199−0.612%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4200−0.592%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.42250.000%$22K$380K5xas long as short
SunX LDO-USDT+0.0100%8h0.4309+1.988%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4220−0.123%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4217−0.189%$37K3xas long as short
Lighter LDO+0.0240%1h0.4231+0.135%$853K$266K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4212−0.296%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4220−0.122%$294K15xas long as short
Kraken Futures PF_LDOUSD+0.0599%1h0.4222−0.060%$1.1M$660K50xas long as short