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 0.000%
Price spread now: KuCoin against BingX−0.070%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 7 days+0.121%+$12 · spread now −0.070%, 7d avg +0.037%
Together, before fees−0.063%−$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: KuCoin is 0.107% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42890.0100pay 0.0100% / 8h6h 19m$10.0M
ShortKuCoin LDOUSDTM0.42860.0100get 0.0100% / 8h6h 19m$2.7M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.070% → +0.037%
−$10.68
Slippage, 4 orders
−$79.73
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$112.41
Costs to cover
1.017%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 3 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 BingX live order book, 4 min ago3.49 bp14.0 bp −$1425.7 bp −$257210.0 bp −$21.0K452.7 bp −$226.3K
Sell KuCoin live order book, 3 min ago2.33 bp43.4 bp −$43249.3 bp −$2,493doesn'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%1h0.4291+0.047%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4290+0.027%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4287−0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.173%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4281−0.190%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4293+0.089%$11.8M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4287−0.037%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4282−0.158%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4293+0.093%$17.9M$33.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42890.000%$16.1M$10.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4290+0.023%$4.0M$7.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4287−0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4288−0.023%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4286−0.070%$2.7M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4290+0.023%$3.3M$3.3M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4289long leg$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4290+0.016%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4289−0.007%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.155%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.023%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4288−0.026%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4389+2.332%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4285−0.102%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4287−0.050%$38K3xas long as short
Lighter LDO+0.0272%1h0.4296+0.175%$873K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4283−0.144%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4284−0.110%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0561%1h0.4293+0.089%$1.2M$778K50xas long as short