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: KuCoin against OKX0.000%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.928% 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+0.051%+$5 · spread now 0.000%, 7d avg +0.050%
Together, before fees−0.100%−$10 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: KuCoin is 0.050% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42310.0100pay 0.0100% / 8h2h 52m$4.0M$6.7M50x
ShortKuCoin LDOUSDTM0.42310.0100get 0.0100% / 8h2h 52m$2.7M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.050%
−$4.96
Slippage, 4 orders
−$70.82
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$97.78
Costs to cover
0.928%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago1.18 bp12.9 bp −$1351.4 bp −$514doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago1.19 bp25.0 bp −$25235.3 bp −$2,353doesn'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−0.0464%1h0.4189−0.993%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4227−0.091%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4230−0.024%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.860%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4221−0.231%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4233+0.038%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4233+0.047%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4227−0.092%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4231−0.005%$17.8M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42310.000%$16.0M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPlong+0.0100%8h0.4231long leg$4.0M$6.7M50x
Gate LDO_USDT+0.0100%8h0.4229−0.047%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4230−0.024%$7.4M$5.8M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.42310.000%$2.7M$3.5M50x
Bitget LDOUSDT+0.0100%8h0.4228−0.071%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4228−0.071%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4229−0.050%$90K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4234+0.065%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4236+0.107%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230−0.024%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4227−0.090%$27K$368K5xas long as short
SunX LDO-USDT+0.0100%8h0.4326+2.245%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4228−0.074%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4230−0.034%$37K3xas long as short
BloFin LDO-USDT+0.0122%8h0.4232+0.024%$904K$257K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4228−0.068%$23K100xas long as short
Lighter LDO+0.0320%1h0.4238+0.161%$854K$263K10xas long as short
Reya LDORUSDPERP+0.0342%1h0.4226−0.128%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0597%1h0.4232+0.017%$1.1M$658K50xas long as short