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 −0.015%
Price spread now: Bybit against SunX−2.374%7-day average −2.376% · 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−0.109%−$11 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −2.374%, 7d avg −2.376%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43810.0100pay 0.0100% / 8h6h 09m$2K$1.3M20x
ShortBybit LDOUSDT0.42770.0100get 0.0100% / 8h6h 09m$16.1M$10.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −2.374% → −2.376%
$0.25
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$18.75
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago256.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.17 bp13.2 bp −$1334.7 bp −$347doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4259−2.785%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4280−2.305%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4279−2.328%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−6.186%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4276−2.389%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4280−2.305%$11.7M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4282−2.270%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4280−2.296%$110K$158K10xas long as short
Binance LDOUSDT+0.0100%8h0.4280−2.305%$17.9M$33.0M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4277−2.374%$16.1M$10.8M50x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4278−2.351%$4.0M$7.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4280−2.305%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4278−2.351%$7.6M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4279−2.328%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4275−2.420%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4281−2.283%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4276−2.388%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4287−2.151%$201K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4292−2.033%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−2.077%$33K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279−2.321%$23K$717K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4381long leg$2K$1.3M20x
Extended LDO-USD+0.0104%1h0.4276−2.393%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4278−2.349%$38K3xas long as short
Lighter LDO+0.0272%1h0.4287−2.146%$871K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4277−2.373%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4275−2.412%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0562%1h0.4281−2.285%$1.2M$774K50xas long as short