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 OKX+0.100%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$530.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.100%, 7d avg +0.051%
Together, before fees−0.137%−$14 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 0.049% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42920.0100pay 0.0100% / 8h5h 07m$4.0M$7.0M50x
ShortBinance LDOUSDT0.42960.0100get 0.0100% / 8h5h 07m$18.0M$31.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.100% → +0.051%
$4.89
Slippage, 4 orders
−$32.85
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.96
Costs to cover
0.528%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 4 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 OKX live order book, 5 min ago1.16 bp16.7 bp −$1763.5 bp −$635doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.16 bp13.2 bp −$1325.9 bp −$259129.2 bp −$12.9Kdoesn'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−0.0512%1h0.4304+0.280%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4300+0.186%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4301+0.210%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.240%$4K$1312xas long as short
BloFin LDO-USDT+0.0088%8h0.4303+0.256%$921K$254K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4296+0.090%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4300+0.182%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4302+0.239%$169K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4297+0.128%$110K$86K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4296+0.100%$18.0M$31.1M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.42920.000%$16.1M$9.9M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4292long leg$4.0M$7.0M50x
Gate LDO_USDT+0.0100%8h0.4298+0.140%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4296+0.093%$7.8M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4299+0.163%$2.8M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4296+0.093%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4296+0.093%$9.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4298+0.144%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4301+0.202%$202K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4310+0.430%$305K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.419%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4299+0.161%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4402+2.563%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4293+0.031%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4299+0.156%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4300+0.193%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4296+0.099%$300K15xas long as short
Lighter LDO+0.0400%1h0.4308+0.380%$875K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0574%1h0.4303+0.264%$1.2M$685K50xas long as short