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 Bitget+0.094%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$980.977% 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−0.019%−$2 · spread now +0.094%, 7d avg +0.033%
Together, before fees−0.203%−$20 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 0.061% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42700.0100pay 0.0100% / 8h4h 16m$3.3M$3.2M75x
ShortKuCoin LDOUSDTM0.42740.0100get 0.0100% / 8h4h 16m$2.7M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.094% → +0.033%
$6.06
Slippage, 4 orders
−$73.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$91.66
Costs to cover
0.977%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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 Bitget live order book, 1 min ago2.34 bp14.2 bp −$1428.4 bp −$284doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.34 bp38.6 bp −$39253.2 bp −$2,532doesn't fitdoesn'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
Coinbase International LDO-PERP-INTX−0.0416%1h0.4262−0.187%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4272+0.050%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4273+0.070%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.747%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4270+0.011%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4275+0.112%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4276+0.135%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4275+0.126%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4274+0.086%$17.9M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42700.000%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4271+0.023%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4272+0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4272+0.047%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4274+0.094%$2.7M$3.7M50x
Bitget LDOUSDTlong+0.0100%8h0.4270long leg$3.3M$3.2M75x
BingX LDO-USDT+0.0100%8h0.42700.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4277+0.164%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4267−0.065%$201K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4271+0.023%$306K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.42700.000%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4275+0.108%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4375+2.459%$2K$1.2M20xas long as short
BloFin LDO-USDT+0.0102%8h0.4281+0.258%$913K$253K75xas long as short
Extended LDO-USD+0.0104%1h0.4269−0.027%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4272+0.050%$38K3xas long as short
Lighter LDO+0.0232%1h0.4282+0.274%$871K$266K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4271+0.034%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4271+0.014%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4276+0.144%$1.1M$681K50xas long as short