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−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against SunX−2.494%55s7-day average −2.231% · 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 days−0.059%−$6 on $10k
Price spread, last 3 days (all we have)+0.252%+$25 · spread now −2.494%, 7d avg −2.231%
Together, before fees+0.194%+$19 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 0.263% cheaper against SunX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −2.231%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.44100.0100pay 0.0100% / 8h3m 55s$2K$1.5M20x
ShortBloFin LDO-USDT0.43000.0093get 0.0093% / 8h3m 55s$786K$219K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.54
Price spread: −2.494% → −2.231%
−$26.29
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$47.84
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 11 min ago; BloFin: live order book, 8 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, 11 min ago252.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago1.17 bp9.5 bp −$916.3 bp −$16356.2 bp −$5,621doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−6.803%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4283−2.880%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−2.494%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4311−2.243%$1.1M$527K50xas long as short
BloFin LDO-USDTshort+0.0093%8h0.4300−2.494%$786K$219K75x
Paradex LDO-USD-PERP+0.0100%8h0.4304−2.411%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4313−2.202%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4313−2.210%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4307−2.330%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4308−2.309%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4305−2.381%$16.3M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4304−2.404%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4306−2.358%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4307−2.336%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4308−2.313%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4306−2.358%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4307−2.336%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4309−2.295%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−2.587%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−2.520%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−2.494%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311−2.234%$23K$736K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4410long leg$2K$1.5M20x
Extended LDO-USD+0.0104%1h0.4303−2.416%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4309−2.279%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4308−2.308%$24K100xas long as short
Lighter LDO+0.0320%1h0.4318−2.084%$877K$269K10xas long as short
Reya LDORUSDPERP+0.0335%1h0.4305−2.377%$300K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0679%1h0.4310−2.268%$3K$10K25xas long as short