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: BingX against MEXC+0.024%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.024%, 7d avg −0.035%
Together, before fees+0.018%+$2 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 0.059% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42030.0100pay 0.0100% / 8h1h 00m$6.7M$6.0M200x
ShortBingX LDO-USDT0.42040.0100get 0.0100% / 8h1h 00m$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.024% → −0.035%
$5.89
Slippage, 4 orders
−$22.23
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.34
Costs to cover
0.322%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago1.19 bp3.5 bp −$311.8 bp −$11867.1 bp −$6,707153.4 bp −$76.7K
Sell BingX live order book, 8 min ago2.37 bp11.4 bp −$1122.1 bp −$22184.4 bp −$8,443387.0 bp −$193.5K

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−0.0648%1h0.4193−0.238%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4210+0.167%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4208+0.119%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.213%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4204+0.018%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4209+0.152%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4205+0.039%$165K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4205+0.037%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4205+0.042%$17.6M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4201−0.048%$15.9M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.42030.000%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.42030.000%$1.4M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4203long leg$6.7M$6.0M200x
KuCoin LDOUSDTM+0.0100%8h0.4206+0.071%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4202−0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4204+0.024%$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4205+0.048%$89K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4204+0.018%$196K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4219+0.381%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.642%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4212+0.209%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4308+2.498%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4200−0.064%$253K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4208+0.113%$37K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4215+0.286%$888K$258K75xas long as short
Lighter LDO+0.0304%1h0.4214+0.255%$849K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4208+0.125%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4203+0.008%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0382%1h0.4208+0.119%$1.1M$706K50xas long as short