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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against BingX−0.019%7-day average · 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−0.227%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42520.0100pay 0.0100% / 8h3h 24m$10.0M
ShortdYdX LDO-USD0.42510get 0.0000% / 1h24m 27s$82K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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
−$21
Price spread: −0.019% → 0.000%
−$1.9
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.9
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 14 min ago; dYdX: no order-book sample. 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 BingX live order book, 14 min ago3.52 bp12.2 bp −$1225.8 bp −$258212.3 bp −$21.2K437.8 bp −$218.9K
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0352%1h0.4253+0.024%$118K$41K50xas long as short
dYdX LDO-USDshort0.0000%1h0.4251−0.019%$82K$5K5x
Injective LDO/USDC PERP+0.0033%1h0.4110−3.340%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4247−0.109%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4253+0.033%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4255+0.063%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4251−0.014%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4253+0.026%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4250−0.047%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4251−0.024%$4.0M$6.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4248−0.094%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4251−0.024%$7.6M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.42520.000%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4250−0.047%$3.3M$3.1M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4252long leg$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4253+0.031%$90K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4256+0.087%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4265+0.306%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.188%$32K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4254+0.054%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4353+2.375%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4250−0.040%$255K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4254+0.047%$38K3xas long as short
BloFin LDO-USDT+0.0129%8h0.4258+0.141%$906K$252K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0220%1h0.4255+0.071%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4253+0.025%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4249−0.082%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0395%1h0.4258+0.141%$1.1M$653K50xas long as short
Lighter LDO+0.0464%1h0.4260+0.190%$872K$250K10xas long as short