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: Binance against MEXC+0.025%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.025%, 7d avg +0.004%
Together, before fees−0.029%−$3 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 MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42440.0100pay 0.0100% / 8h3h 20m$7.5M$6.3M200x
ShortBinance LDOUSDT0.42450.0100get 0.0100% / 8h3h 20m$17.8M$30.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.025% → +0.004%
$2.07
Slippage, 4 orders
−$15.91
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.84
Costs to cover
0.259%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago1.18 bp2.8 bp −$311.2 bp −$11278.8 bp −$7,880152.3 bp −$76.1K
Sell Binance live order book, 6 min ago1.17 bp11.1 bp −$1123.6 bp −$236123.6 bp −$12.4Kdoesn'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%1h0.4229−0.353%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4240−0.089%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.157%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4243−0.030%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4245+0.024%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4245+0.025%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4244+0.010%$109K$26K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4245+0.025%$17.8M$30.6M75x
Bybit LDOUSDT+0.0100%8h0.4243−0.024%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4240−0.094%$4.0M$6.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4241−0.071%$1.5M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4244long leg$7.5M$6.3M200x
KuCoin LDOUSDTM+0.0100%8h0.42440.000%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4242−0.047%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4243−0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4245+0.014%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4244−0.006%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4254+0.235%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.141%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4249+0.118%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4345+2.380%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4240−0.104%$254K$983K25xas long as short
Aevo LDO-PERP+0.0104%1h0.4247+0.077%$38K3xas long as short
BloFin LDO-USDT+0.0130%8h0.4248+0.094%$906K$255K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0221%1h0.4248+0.094%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4246+0.049%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4245+0.019%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0396%1h0.4249+0.106%$1.1M$657K50xas long as short
Lighter LDO+0.0456%1h0.4253+0.212%$854K$267K10xas long as short