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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+1.077%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs+$69as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 7 days−1.046%−$105 · spread now +1.077%, 7d avg +0.031%
Together, before fees−1.143%−$114 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: MEXC is 1.046% dearer against Bitget than usual: you sell high and buy low, +$105 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42710.0100pay 0.0100% / 8h2h 05m$3.3M$3.8M75x
ShortMEXC LDO_USDT0.43170.0100get 0.0100% / 8h2h 05m$8.6M$7.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +1.077% → +0.031%
$104.6
Slippage, 4 orders
−$23.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$68.78
Costs to cover
0.358%
Break-even
from the start
Slippage from Bitget: live order book, 2 min ago; MEXC: 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 Bitget live order book, 2 min ago3.47 bp17.1 bp −$1742.9 bp −$429doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.15 bp3.5 bp −$48.6 bp −$8661.2 bp −$6,121143.9 bp −$72.0K

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−0.0688%1h0.4290+0.445%$116K$54K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0450%1h0.4280+0.211%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD−0.0329%1h0.4326+1.277%$1.1M$556K50xas long as short
dYdX LDO-USD+0.0014%1h0.4332+1.421%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−0.023%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4337+1.543%$879K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4318+1.095%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4321+1.180%$12.0M$3.6M5xas long as short
Aster LDOUSDT+0.0100%8h0.4324+1.239%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4321+1.171%$111K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4310+0.902%$18.0M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4284+0.304%$16.6M$13.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4275+0.094%$4.1M$9.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4313+0.983%$1.4M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4317+1.077%$8.6M$7.6M200x
KuCoin LDOUSDTM+0.0100%8h0.4319+1.124%$2.8M$4.3M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4271long leg$3.3M$3.8M75x
BingX LDO-USDT+0.0100%8h0.4288+0.398%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4320+1.157%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4321+1.178%$202K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4334+1.470%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+1.381%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4320+1.157%$22K$739K5xas long as short
SunX LDO-USDT+0.0100%8h0.4421+3.512%$2K$1.5M20xas long as short
BloFin LDO-USDT+0.0102%8h0.4331+1.405%$796K$229K75xas long as short
Extended LDO-USD+0.0104%1h0.4317+1.088%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4286+0.341%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4305+0.790%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4315+1.027%$301K15xas long as short