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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.054%
Price spread now: BingX against Deribit0.000%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
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
LongDeribit LDO_USDC-PERPETUAL0.42800get 0.0000% / 1h57m 26s$7K$20K25x
ShortBingX LDO-USDT0.42800.0100get 0.0100% / 8h5h 57m$10.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Deribit. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$4
Costs to cover
0.170%
Break-even
5.7 days
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 11 min ago. 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 Deribit no order-book sample
Sell BingX live order book, 11 min ago3.49 bp13.9 bp −$1431.8 bp −$31897.8 bp −$9,780396.6 bp −$198.3K
Deribit: 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 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−0.0512%1h0.4259−0.491%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4281+0.030%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4280long leg$7K$20K25x
Injective LDO/USDC PERP+0.0033%1h0.4110−3.972%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4276−0.104%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4281+0.026%$11.7M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4283+0.065%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4282+0.039%$110K$144K10xas long as short
Binance LDOUSDT+0.0100%8h0.4281+0.023%$17.9M$32.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4277−0.070%$16.1M$10.5M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4278−0.047%$4.0M$7.3M50xas long as short
Gate LDO_USDT+0.0100%8h0.4281+0.023%$1.5M$999K50xas long as short
MEXC LDO_USDT+0.0100%8h0.42800.000%$7.6M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4281+0.023%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4276−0.093%$3.3M$3.2M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.42800.000%$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4285+0.107%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4295+0.345%$202K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.375%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.467%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4280+0.012%$23K$687K5xas long as short
SunX LDO-USDT+0.0100%8h0.4380+2.336%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4276−0.105%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277−0.071%$38K3xas long as short
Lighter LDO+0.0160%1h0.4288+0.192%$871K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4280+0.002%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4276−0.091%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0576%1h0.4289+0.213%$1.2M$713K50xas long as short