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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.008%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days−0.030%−$3 · spread now −0.008%, 7d avg −0.039%
Together, before fees+0.062%+$6 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 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.41930.0100pay 0.0100% / 8h7h 38m$17.6M$31.0M75x
ShortBingX LDO-USDT0.41930.0100get 0.0100% / 8h7h 38m$10.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.008% → −0.039%
$3.15
Slippage, 4 orders
−$28.36
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$45.21
Costs to cover
0.484%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 15 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 Binance live order book, 3 min ago2.39 bp11.5 bp −$1126.5 bp −$265253.4 bp −$25.3Kdoesn't fit
Sell BingX live order book, 15 min ago3.58 bp12.5 bp −$1322.2 bp −$22275.0 bp −$7,498365.6 bp −$182.8K

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−0.0952%1h0.4186−0.175%$116K$39K50xas long as short
Kraken Futures PF_LDOUSD−0.0370%1h0.4192−0.020%$1.1M$739K50xas long as short
dYdX LDO-USD0.0000%1h0.4191−0.049%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4195+0.040%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.987%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4185−0.201%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4196+0.054%$11.4M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4195+0.044%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4189−0.103%$106K$29K10xas long as short
Binance LDOUSDTlong+0.0100%8h0.4193long leg$17.6M$31.0M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4189−0.103%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4191−0.055%$4.0M$6.5M50xas long as short
Gate LDO_USDT+0.0100%8h0.4194+0.016%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4192−0.032%$6.9M$5.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4193−0.008%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4192−0.032%$3.2M$2.9M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4193−0.008%$10.2M
Backpack LDO_USDC_PERP+0.0100%1h0.4193−0.012%$89K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4188−0.131%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4195+0.040%$299K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4190−0.079%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4194+0.016%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4289+2.282%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4190−0.075%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4192−0.024%$37K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4192−0.032%$883K$257K75xas long as short
Lighter LDO+0.0200%1h0.4198+0.114%$846K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4193−0.003%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4191−0.064%$292K15xas long as short