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 0.000%
Price spread now: Bitget against KuCoin−0.047%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.184%+$18 on $10k
Price spread, last 7 days−0.018%−$2 · spread now −0.047%, 7d avg −0.033%
Together, before fees+0.165%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42450.0100pay 0.0100% / 8h3h 21m$2.7M$3.6M50x
ShortBitget LDOUSDT0.42430.0100get 0.0100% / 8h3h 21m$3.3M$3.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.047% → −0.033%
−$1.45
Slippage, 4 orders
−$70.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$95.65
Costs to cover
0.942%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 2 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, 6 min ago1.17 bp33.0 bp −$33826.7 bp −$8,267doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.18 bp17.0 bp −$1738.7 bp −$387doesn't fitdoesn'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
Coinbase International LDO-PERP-INTX−0.0352%1h0.4229−0.377%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4240−0.112%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.180%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4243−0.054%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.42450.000%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4245+0.001%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4244−0.014%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4245+0.001%$17.8M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4243−0.047%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4240−0.118%$4.0M$6.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4241−0.094%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4244−0.024%$7.5M$6.3M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4245long leg$2.7M$3.6M50x
Bitget LDOUSDTshort+0.0100%8h0.4243−0.047%$3.3M$3.1M75x
BingX LDO-USDT+0.0100%8h0.4243−0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4245−0.009%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4256+0.252%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4254+0.212%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.118%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4249+0.094%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4345+2.356%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4244−0.027%$254K$999K25xas long as short
Aevo LDO-PERP+0.0104%1h0.4247+0.053%$38K3xas long as short
BloFin LDO-USDT+0.0130%8h0.4248+0.071%$906K$255K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0221%1h0.4248+0.071%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4246+0.025%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4245−0.005%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0396%1h0.4249+0.083%$1.1M$657K50xas long as short
Lighter LDO+0.0456%1h0.4253+0.188%$854K$267K10xas long as short