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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX+0.046%113s7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.046%, 7d avg +0.069%
Together, before fees−0.060%−$6 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: BloFin is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43310.0100pay 0.0100% / 8h2h 29m$4.1M$9.2M50x
ShortBloFin LDO-USDT0.43330.0108get 0.0108% / 8h2h 29m$792K$229K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$1.67
Price spread: +0.046% → +0.069%
−$2.31
Slippage, 4 orders
−$39.18
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$61.83
Costs to cover
0.612%
Break-even
266.7 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 57 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 OKX live order book, 4 min ago2.31 bp14.2 bp −$1450.0 bp −$500doesn't fitdoesn't fit
Sell BloFin live order book, 57 min ago4.60 bp12.1 bp −$1219.5 bp −$19560.5 bp −$6,054doesn'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−0.0688%1h0.4290−0.947%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4336+0.117%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0211%1h0.4334+0.069%$3K$10K25xas long as short
dYdX LDO-USD+0.0024%1h0.4335+0.087%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.408%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4347+0.369%$881K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4331−0.004%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4336+0.125%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4335+0.090%$171K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4335+0.099%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4334+0.079%$18.1M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4333+0.046%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4331long leg$4.1M$9.2M50x
Gate LDO_USDT+0.0100%8h0.4332+0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4333+0.046%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4334+0.069%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4333+0.046%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334+0.069%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4334+0.079%$87K$187K10xas long as short
Variational Omni LDO+0.0100%8h0.4332+0.030%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333+0.046%$308K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.023%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4336+0.118%$34K$697K5xas long as short
SunX LDO-USDT+0.0100%8h0.4435+2.401%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4331+0.010%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4335+0.092%$38K3xas long as short
BloFin LDO-USDTshort+0.0108%8h0.4333+0.046%$792K$229K75x
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4335+0.091%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4332+0.025%$302K15xas long as short