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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.056%
Price spread now: MEXC against Deribit+0.162%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.162% dearer against Deribit than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.43260get 0.0000% / 1h4m 37s$8K$20K25x
ShortMEXC LDO_USDT0.43330.0100get 0.0100% / 8h7h 04m$7.9M$7.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.162% → 0.000%
$16.18
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
$30.18
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago1.15 bp4.8 bp −$513.0 bp −$130103.3 bp −$10.3K157.4 bp −$78.7K
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 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−0.0752%1h0.4343+0.393%$119K$47K50xas long as short
Deribit LDO_USDC-PERPETUALlong0.0000%1h0.4326long leg$8K$20K25x
dYdX LDO-USD+0.0025%1h0.4328+0.051%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.993%$4K$1412xas long as short
BloFin LDO-USDT+0.0076%8h0.4329+0.069%$920K$211K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4331+0.118%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4334+0.192%$12.0M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4331+0.116%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4332+0.144%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4333+0.168%$18.2M$36.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4329+0.069%$16.4M$11.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4327+0.023%$4.1M$8.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4330+0.092%$1.5M$1.1M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4333+0.162%$7.9M$7.5M200x
KuCoin LDOUSDTM+0.0100%8h0.4332+0.139%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4327+0.023%$3.3M$3.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4329+0.069%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4327+0.018%$89K$151K10xas long as short
Variational Omni LDO+0.0100%8h0.4322−0.099%$203K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4349+0.538%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4360+0.786%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4327+0.014%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4424+2.265%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4327+0.029%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.43260.000%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0196%1h0.4329+0.074%$1.1M$516K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4325−0.018%$24K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4321−0.122%$301K15xas long as short
Lighter LDO+0.0560%1h0.4342+0.365%$881K$267K10xas long as short