Spread before costs (cost unknown: a leg has no order-book sample)−0.009%
7d average—if it closes, per $10,000$1funding while held, a day−$13.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo LDO-PERP | 0.4355 | 0.0104 | pay 0.0013% / 1h | 57m 44s | $39K | — | 3x |
| Short | Backpack LDO_USDC_PERP | 0.4355 | −0.0333 | pay 0.0042% / 1h | 57m 44s | $88K | $187K | 10x |
Aevo LDO-PERP
Backpack LDO_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$0.92
- Funding while held
- −$13.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$40.03
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 62 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0437%
- Per $10,000 a day
- −$13.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 62 min ago | 2.95 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4296cheapestParadex0.4348+1.202%Reya0.4349+1.237%Injective0.4350+1.257%Pacifica0.4350+1.268%Bybit0.4351+1.280%OKX0.4351+1.280%Extended0.4352+1.311%BingX0.4353+1.327%Variational Omni0.4353+1.334%MEXC0.4354+1.350%BloFin0.4354+1.350%Polymarket Perps0.4355+1.366%Gate0.4355+1.373%Bitget0.4355+1.373%
Coinbase International
Paradex
Reya
Injective
Pacifica
Bybit
OKX
Extended
BingX
Variational Omni
MEXC
BloFin
Polymarket Perps
Gate
BitgetBackpack0.4355+1.376%
Aevo0.4355+1.385%
Binance0.4356+1.392%KuCoin0.4356+1.397%Deribit0.4356+1.397%GMX0.4356+1.401%Aster0.4357+1.416%dYdX0.4358+1.438%Kraken Futures0.4359+1.463%Hyperliquid0.4359+1.476%ApeX Omni0.4360+1.490%Lighter0.4365+1.613%SunX0.4454+3.678%
Binance
KuCoin
Deribit
GMX
Aster
dYdX
Kraken Futures
Hyperliquid
ApeX Omni
Lighter
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −1.366% | −0.1016% | 1h | $115K | $32K | 50x | as long as short |
| Paradex LDO-USD-PERP | −0.180% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| Reya LDORUSDPERP | −0.146% | +0.0322% | 1h | $303K | — | 15x | as long as short |
| Injective LDO/USDC PERP | −0.126% | −0.0430% | 1h | $4K | $177K | 12x | as long as short |
| Pacifica LDO | −0.115% | +0.0100% | 1h | $112K | $189K | 10x | as long as short |
| Bybit LDOUSDT | −0.103% | +0.0049% | 8h | $16.6M | $12.6M | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.103% | +0.0100% | 8h | $4.0M | $9.5M | 50x | as long as short |
| Extended LDO-USD | −0.073% | +0.0104% | 1h | $261K | $1.0M | 25x | as long as short |
| BingX LDO-USDT | −0.057% | +0.0100% | 8h | — | $4.8M | — | as long as short |
| Variational Omni LDO | −0.050% | +0.0083% | 8h | $223K | $154K | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC LDO_USDT | −0.034% | +0.0100% | 8h | $10.0M | $7.2M | 200x | as long as short |
| BloFin LDO-USDT | −0.034% | +0.0087% | 8h | $835K | $150K | 75x | as long as short |
| Polymarket Perps LDO-USD | −0.018% | +0.0100% | 1h | $27K | $1.5M | 5x | as long as short |
| Gate LDO_USDT | −0.011% | +0.0100% | 8h | $1.5M | $1.0M | 50x | as long as short |
| Bitget LDOUSDT | −0.011% | +0.0100% | 8h | $3.4M | $3.8M | 75x | as long as short |
| Backpack LDO_USDC_PERPshort | −0.009% | −0.0333% | 1h | $88K | $187K | 10x | |
| Aevo LDO-PERPlong | 0.000% | +0.0104% | 1h | $39K | — | 3x | |
| Binance LDOUSDT | +0.007% | +0.0100% | 8h | $18.1M | $37.5M | 75x | as long as short |
| KuCoin LDOUSDTM | +0.011% | +0.0100% | 8h | $2.5M | $4.0M | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.011% | −0.0209% | 1h | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | +0.016% | L +0.0296% / S −0.0173% | 1h | $24K | — | 100x | as long as short |
| Aster LDOUSDT | +0.031% | +0.0100% | 8h | $169K | $312K | 10x | as long as short |
| dYdX LDO-USD | +0.052% | 0.0000% | 1h | $83K | $21K | 5x | as long as short |
| Kraken Futures PF_LDOUSD | +0.077% | −0.0085% | 1h | $1.2M | $542K | 50x | as long as short |
| Hyperliquid LDO | +0.090% | +0.0100% | 1h | $12.5M | $3.5M | 5x | as long as short |
| ApeX Omni LDOUSDT | +0.103% | +0.0100% | 1h | $33K | $651K | 50x | as long as short |
| Lighter LDO | +0.225% | +0.0096% | 1h | $872K | $237K | 10x | as long as short |
| SunX LDO-USDT | +2.262% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |