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 SunX−2.230%7-day average −2.335% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.064%−$6 · spread now −2.230%, 7d avg −2.335%
Together, before fees−0.064%−$6 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 0.105% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −2.335%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43950.0100pay 0.0100% / 8h5h 59m$1K$1.2M20x
ShortBingX LDO-USDT0.42970.0100get 0.0100% / 8h5h 59m$10.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −2.230% → −2.335%
$10.48
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$7.52
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; BingX: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago250.82 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.49 bp13.9 bp −$1431.8 bp −$31897.8 bp −$9,780396.6 bp −$198.3K

LDO on 28 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%1h0.4259−3.094%$119K$43K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4297−2.230%$7K$20K25xas long as short
dYdX LDO-USD+0.0004%1h0.4300−2.155%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−6.485%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4297−2.234%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4300−2.171%$11.8M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4298−2.217%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4300−2.162%$110K$144K10xas long as short
Binance LDOUSDT+0.0100%8h0.4298−2.207%$18.0M$32.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4294−2.298%$16.1M$10.6M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4296−2.253%$4.0M$7.4M50xas long as short
Gate LDO_USDT+0.0100%8h0.4299−2.184%$1.5M$996K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4297−2.230%$7.7M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4296−2.253%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4294−2.298%$3.3M$3.2M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4297−2.230%$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4297−2.234%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4295−2.281%$202K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−2.185%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300−2.162%$33K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4297−2.225%$23K$687K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4395long leg$1K$1.2M20x
Extended LDO-USD+0.0104%1h0.4292−2.339%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4295−2.264%$38K3xas long as short
Lighter LDO+0.0216%1h0.4306−2.020%$875K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4296−2.264%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4293−2.319%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0575%1h0.4299−2.179%$1.2M$734K50xas long as short