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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX−2.380%7-day average −2.333% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.096%+$10 · spread now −2.380%, 7d avg −2.333%
Together, before fees+0.096%+$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: BingX is 0.048% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −2.333%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.44110.0100pay 0.0100% / 8h1h 51m$2K$1.5M20x
ShortBingX LDO-USDT0.43060.0100get 0.0100% / 8h1h 51m$3.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −2.380% → −2.333%
−$4.78
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.78
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; BingX: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago254.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago2.33 bp12.3 bp −$1227.7 bp −$277103.6 bp −$10.4K300.4 bp −$150.2K

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
Injective LDO/USDC PERP−0.0851%1h0.4270−3.197%$4K$1312xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−3.151%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4307−2.368%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4312−2.244%$3K$10K25xas long as short
Lighter LDO+0.0096%1h0.4317−2.122%$876K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4308−2.324%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4312−2.242%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312−2.247%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4312−2.253%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4309−2.306%$17.9M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4305−2.403%$16.4M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4305−2.403%$4.0M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4311−2.267%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4310−2.290%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4310−2.290%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4306−2.380%$3.4M$3.8M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4306−2.380%$3.8M
Backpack LDO_USDC_PERP+0.0100%1h0.4309−2.321%$86K$184K10xas long as short
Variational Omni LDO+0.0100%8h0.4306−2.377%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4317−2.131%$310K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−2.290%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4312−2.249%$23K$740K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4411long leg$2K$1.5M20x
BloFin LDO-USDT+0.0102%8h0.4310−2.290%$787K$228K75xas long as short
Extended LDO-USD+0.0104%1h0.4306−2.390%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4311−2.276%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0298%1h0.4312−2.233%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310−2.282%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4306−2.380%$300K15xas long as short