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 OKX+0.023%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.023%, 7d avg +0.012%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43090.0100pay 0.0100% / 8h7h 28m$4.1M$9.1M50x
ShortBingX LDO-USDT0.43100.0100get 0.0100% / 8h7h 28m$3.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.023% → +0.012%
$1.14
Slippage, 4 orders
−$29.76
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$48.62
Costs to cover
0.498%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 7 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 bp14.6 bp −$1551.4 bp −$514doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago3.49 bp12.3 bp −$1220.8 bp −$20898.0 bp −$9,800373.1 bp −$186.5K

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−0.0752%1h0.4308−0.023%$117K$53K50xas long as short
dYdX LDO-USD0.0000%1h0.4306−0.063%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.618%$4K$1412xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4309−0.001%$3K$4020xas long as short
Hyperliquid LDO+0.0100%1h0.4311+0.042%$12.0M$4.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4315+0.130%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4310+0.023%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312+0.070%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.43090.000%$16.3M$12.4M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4309long leg$4.1M$9.1M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4308−0.023%$1.4M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4311+0.046%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4311+0.046%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4311+0.046%$3.4M$3.7M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4310+0.023%$3.7M
Backpack LDO_USDC_PERP+0.0100%1h0.4302−0.153%$87K$148K10xas long as short
Variational Omni LDO+0.0100%8h0.4302−0.166%$201K$81Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4305−0.097%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.023%$35K$644K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311+0.058%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4410+2.344%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4309+0.008%$263K$1.6M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4314+0.104%$38K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4307−0.046%$791K$221K75xas long as short
Kraken Futures PF_LDOUSD+0.0197%1h0.4316+0.154%$1.1M$526K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310+0.028%$24K100xas long as short
Reya LDORUSDPERP+0.0336%1h0.4306−0.066%$300K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0446%1h0.4315+0.139%$3K$10K25xas long as short
Lighter LDO+0.0624%1h0.4319+0.232%$877K$267K10xas long as short