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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.048%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 7 days−0.119%−$12 · spread now +0.048%, 7d avg −0.050%
Together, before fees+0.041%+$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: OKX is 0.098% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.41430.0100pay 0.0100% / 8h5h 45m$2.5M$2.9M50x
ShortOKX LDO-USDT-SWAP0.41450.0100get 0.0100% / 8h5h 45m$4.0M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.048% → −0.050%
$9.85
Slippage, 4 orders
−$83.95
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$96.1
Costs to cover
1.060%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago1.21 bp34.6 bp −$35932.8 bp −$9,328doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago1.20 bp11.9 bp −$1258.3 bp −$583doesn't fitdoesn't fit

LDO on 29 exchanges

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−0.0384%1h0.4121−0.531%$113K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0233%1h0.41430.000%$7K$10K25xas long as short
Backpack LDO_USDC_PERP−0.0016%1h0.4144+0.029%$84K$170K10xas long as short
dYdX LDO-USD0.0000%1h0.4146+0.072%$79K$2K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.797%$4K$1012xas long as short
Lighter LDO+0.0096%1h0.4150+0.179%$837K$243K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4141−0.057%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4146+0.070%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4147+0.085%$163K$54K10xas long as short
Pacifica LDO+0.0100%1h0.4144+0.024%$104K$7K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4144+0.024%$17.4M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4142−0.024%$16.0M$9.4M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4145+0.048%$4.0M$5.9M50x
Gate LDO_USDT+0.0100%8h0.4146+0.072%$1.6M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4144+0.024%$6.3M$5.0M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4143long leg$2.5M$2.9M50x
Bitget LDOUSDT+0.0100%8h0.4142−0.024%$3.2M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.41430.000%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4143+0.011%$197K$51Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4146+0.072%$291K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4150+0.169%$29K$634K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4146+0.072%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4241+2.365%$2K$1.1M20xas long as short
BloFin LDO-USDT+0.0101%8h0.4142−0.024%$879K$265K75xas long as short
Extended LDO-USD+0.0104%1h0.4141−0.045%$251K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4143−0.012%$37K3xas long as short
Reya LDORUSDPERP+0.0349%1h0.4142−0.024%$289K15xas long as short
Kraken Futures PF_LDOUSD+0.0365%1h0.4146+0.067%$1.0M$735K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0384% / S −0.0308%1h0.4144+0.023%$29K100xas long as short