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 +0.015%
Price spread now: BingX against Bybit+0.024%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 7 days−0.014%−$1 · spread now +0.024%, 7d avg +0.036%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42160.0100pay 0.0100% / 8h1h 03m$16.0M$9.9M50x
ShortBingX LDO-USDT0.42170.0100get 0.0100% / 8h1h 03m$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.024% → +0.036%
−$1.28
Slippage, 4 orders
−$31.4
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$53.67
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; BingX: live order book, 5 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 Bybit live order book, just now1.19 bp14.7 bp −$1535.0 bp −$350doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.37 bp11.4 bp −$1122.1 bp −$22184.4 bp −$8,443387.0 bp −$193.5K

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−0.0648%1h0.4193−0.546%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4228+0.280%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.514%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4217+0.018%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4224+0.183%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4222+0.147%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4222+0.141%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4219+0.071%$17.7M$30.7M75xas long as short
Bybit LDOUSDTlong+0.0100%8h0.4216long leg$16.0M$9.9M50x
OKX LDO-USDT-SWAP+0.0100%8h0.42160.000%$4.0M$6.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4221+0.119%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4218+0.047%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4221+0.119%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4218+0.047%$3.2M$3.0M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4217+0.024%$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4216−0.005%$89K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4226+0.232%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4223+0.166%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.332%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4222+0.152%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4318+2.419%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4216+0.001%$256K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4219+0.077%$37K3xas long as short
BloFin LDO-USDT+0.0111%8h0.4218+0.047%$888K$258K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0224%1h0.4220+0.095%$7K$20K25xas long as short
Lighter LDO+0.0312%1h0.4227+0.251%$852K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4217+0.015%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4217+0.020%$294K15xas long as short
Kraken Futures PF_LDOUSD+0.0381%1h0.4222+0.135%$1.1M$706K50xas long as short