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: Gate against OKX+0.139%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days−0.144%−$14 · spread now +0.139%, 7d avg +0.014%
Together, before fees−0.181%−$18 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: Gate is 0.126% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43110.0100pay 0.0100% / 8h7h 41m$4.1M$9.2M50x
ShortGate LDO_USDT0.43170.0100get 0.0100% / 8h7h 41m$1.4M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.139% → +0.014%
$12.57
Slippage, 4 orders
−$61.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$73.74
Costs to cover
0.863%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, just now.

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, 1 min ago1.16 bp13.3 bp −$1353.1 bp −$531doesn't fitdoesn't fit
Sell Gate live order book, just now3.48 bp26.1 bp −$26174.8 bp −$1,748doesn'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−0.0752%1h0.4310−0.023%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4319+0.174%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4318+0.162%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.662%$4K$1412xas long as short
BloFin LDO-USDT+0.0096%8h0.4312+0.023%$791K$222K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4308−0.080%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4321+0.239%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4323+0.267%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4312+0.022%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4318+0.154%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4315+0.093%$16.4M$12.4M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4311long leg$4.1M$9.2M50x
Gate LDO_USDTshort+0.0100%8h0.4317+0.139%$1.4M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4316+0.116%$8.0M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4317+0.139%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4316+0.116%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4318+0.162%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4317+0.137%$86K$149K10xas long as short
Variational Omni LDO+0.0100%8h0.4306−0.120%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4310−0.023%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.023%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4315+0.102%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4418+2.482%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4312+0.020%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4318+0.153%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4322+0.255%$1.1M$525K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4316+0.118%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4313+0.055%$301K15xas long as short
Lighter LDO+0.0576%1h0.4329+0.406%$879K$267K10xas long as short