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: Binance against KuCoin+0.023%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.023%, 7d avg +0.002%
Together, before fees+0.042%+$4 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: Binance is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.43240.0100pay 0.0100% / 8h1h 45m$2.8M$4.3M50x
ShortBinance LDOUSDT0.43250.0100get 0.0100% / 8h1h 45m$18.0M$38.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.023% → +0.002%
$2.11
Slippage, 4 orders
−$65.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$85.48
Costs to cover
0.876%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 11 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 KuCoin live order book, 2 min ago2.32 bp29.8 bp −$30570.0 bp −$5,700doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.16 bp11.3 bp −$1133.7 bp −$337128.1 bp −$12.8Kdoesn'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
Injective LDO/USDC PERP−0.0851%1h0.4110−4.949%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−1.203%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4323−0.034%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4325+0.023%$3K$10K25xas long as short
BloFin LDO-USDT+0.0092%8h0.4315−0.208%$787K$228K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4322−0.051%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4327+0.072%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4325+0.034%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.43240.000%$111K$178K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4325+0.023%$18.0M$38.4M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4320−0.093%$16.5M$13.3M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4321−0.069%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4322−0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43240.000%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4324long leg$2.8M$4.3M50x
Bitget LDOUSDT+0.0100%8h0.4321−0.069%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4320−0.093%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4319−0.127%$86K$183K10xas long as short
Variational Omni LDO+0.0100%8h0.4311−0.299%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4311−0.302%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.093%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4326+0.051%$23K$741K5xas long as short
SunX LDO-USDT+0.0100%8h0.4427+2.382%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4319−0.117%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4325+0.012%$38K3xas long as short
Lighter LDO+0.0136%1h0.4333+0.217%$879K$267K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4321−0.070%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4326+0.038%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4319−0.117%$301K15xas long as short