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: BingX against KuCoin0.000%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1181.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 7 days−0.050%−$5 · spread now 0.000%, 7d avg −0.036%
Together, before fees+0.159%+$16 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: BingX is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.43730.0100pay 0.0100% / 8h3h 31m$2.7M$4.3M50x
ShortBingX LDO-USDT0.43730.0100get 0.0100% / 8h3h 31m$3.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: 0.000% → −0.036%
$3.61
Slippage, 4 orders
−$95.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.92
Costs to cover
1.175%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 13 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 ago3.43 bp44.9 bp −$45712.7 bp −$7,127doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago3.46 bp11.7 bp −$1222.3 bp −$22399.7 bp −$9,971399.7 bp −$199.8K

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−0.0904%1h0.4310−1.441%$116K$52K50xas long as short
Kraken Futures PF_LDOUSD−0.0486%1h0.4372−0.027%$1.2M$512K50xas long as short
dYdX LDO-USD0.0000%1h0.4368−0.110%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4374+0.023%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−2.355%$4K$11112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4366−0.163%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4379+0.133%$12.2M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4373−0.007%$172K$148K10xas long as short
Pacifica LDO+0.0100%1h0.4370−0.063%$112K$182K10xas long as short
Binance LDOUSDT+0.0100%8h0.4373+0.009%$18.2M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4370−0.069%$16.9M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4370−0.069%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4370−0.069%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.43730.000%$9.1M$7.5M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4373long leg$2.7M$4.3M50x
Bitget LDOUSDT+0.0100%8h0.4370−0.069%$3.3M$3.6M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.43730.000%$3.9M
Backpack LDO_USDC_PERP+0.0100%1h0.4375+0.048%$86K$188K10xas long as short
Variational Omni LDO+0.0100%8h0.4350−0.536%$203K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4367−0.146%$311K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4370−0.069%$33K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4374+0.018%$26K$716K5xas long as short
SunX LDO-USDT+0.0100%8h0.4474+2.310%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4370−0.067%$262K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4375+0.035%$39K3xas long as short
BloFin LDO-USDT+0.0104%8h0.4371−0.046%$794K$230K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4375+0.039%$24K100xas long as short
Reya LDORUSDPERP+0.0331%1h0.4368−0.114%$305K15xas long as short
Lighter LDO+0.0344%1h0.4384+0.252%$888K$264K10xas long as short