Settings8H · net · $10k
Funding arb · Price arb /

LDO

all LDO markets
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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 −0.015%
Price spread now: Bybit against SunX−2.080%56s7-day average −2.375% · 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 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now −2.080%, 7d avg −2.375%
Together, before fees−0.355%−$36 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: Bybit is 0.295% dearer against SunX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −2.375%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43260.0100pay 0.0100% / 8h2h 52m$2K$1.2M20x
ShortBybit LDOUSDT0.42360.0100get 0.0100% / 8h2h 52m$16.0M$10.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −2.080% → −2.375%
$29.49
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$10.49
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: SunX: live order book, 11 min ago; Bybit: live order book, 1 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, 11 min ago331.74 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.55 bp21.0 bp −$2142.7 bp −$427doesn't fitdoesn'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−0.0464%1h0.4189−3.167%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4227−2.285%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4230−2.219%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.993%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4233−2.158%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4237−2.060%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4236−2.084%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4234−2.125%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4238−2.030%$17.8M$30.8M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4236−2.080%$16.0M$10.1M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4238−2.034%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4235−2.104%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4235−2.104%$7.4M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4233−2.150%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4233−2.150%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4237−2.057%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4229−2.245%$90K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4234−2.132%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4236−2.091%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230−2.219%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4236−2.076%$27K$368K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4326long leg$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4232−2.170%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4238−2.027%$38K3xas long as short
BloFin LDO-USDT+0.0122%8h0.4232−2.173%$904K$257K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4235−2.094%$23K100xas long as short
Lighter LDO+0.0328%1h0.4242−1.944%$855K$263K10xas long as short
Reya LDORUSDPERP+0.0342%1h0.4233−2.147%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0597%1h0.4232−2.179%$1.1M$658K50xas long as short