After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.024%7d average−0.084%fees + slippage, in and out−$71spread needed0.707%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LDO_USDC_PERP | 0.4306 | −0.0065 | get 0.0008% / 1h | 16m 53s | $85K | $199K | 10x |
| Short | Extended LDO-USD | 0.4305 | 0.0104 | get 0.0013% / 1h | 16m 53s | $258K | $1.0M | 25x |
Backpack LDO_USDC_PERP
Extended LDO-USDPrice 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
- −$2.43
- Funding while held
- $5.07
- Slippage, 4 orders
- −$55.71
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.07
- Spread needed to break even
- 0.707%
Slippage from Backpack: live order book, 33 min ago; Extended: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0169%
- Per $10,000 a day
- +$5.07
- 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 Backpack live order book, 33 min ago | 5.97 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 5.81 bp | 17.8 bp −$18 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4243cheapestVariational Omni0.4288+1.052%Reya0.4297+1.272%Bybit0.4301+1.367%OKX0.4301+1.367%BingX0.4302+1.391%BloFin0.4302+1.391%Aevo0.4302+1.396%Gate0.4303+1.414%Binance0.4304+1.438%Bitget0.4304+1.438%Deribit0.4305+1.461%
Coinbase International
Variational Omni
Reya
Bybit
OKX
BingX
BloFin
Aevo
Gate
Binance
Bitget
DeribitExtended0.4305+1.470%
Polymarket Perps0.4305+1.471%Paradex0.4306+1.482%MEXC0.4306+1.485%GMX0.4306+1.488%
Polymarket Perps
Paradex
MEXC
GMXBackpack0.4306+1.494%
Pacifica0.4306+1.495%Kraken Futures0.4308+1.534%KuCoin0.4309+1.556%dYdX0.4310+1.579%ApeX Omni0.4310+1.579%Aster0.4311+1.604%Hyperliquid0.4313+1.645%Lighter0.4317+1.737%Injective0.4350+2.522%SunX0.4402+3.747%
Pacifica
Kraken Futures
KuCoin
dYdX
ApeX Omni
Aster
Hyperliquid
Lighter
Injective
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 | −1.472% | −0.1248% | 1h | $114K | $44K | 50x | as long as short |
| Variational Omni LDO | −0.436% | +0.0100% | 8h | $219K | $146K | — | as long as short |
| Reya LDORUSDPERP | −0.219% | +0.0325% | 1h | $300K | — | 15x | as long as short |
| Bybit LDOUSDT | −0.125% | +0.0088% | 8h | $16.3M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.125% | +0.0100% | 8h | $3.9M | $9.7M | 50x | as long as short |
| BingX LDO-USDT | −0.102% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| BloFin LDO-USDT | −0.102% | +0.0128% | 8h | $831K | $121K | 75x | as long as short |
| Aevo LDO-PERP | −0.097% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Gate LDO_USDT | −0.079% | +0.0100% | 8h | $1.4M | $1.2M | 50x | as long as short |
| Binance LDOUSDT | −0.056% | +0.0100% | 8h | $17.8M | $38.7M | 75x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget LDOUSDT | −0.056% | +0.0100% | 8h | $3.2M | $3.7M | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.033% | −0.0214% | 1h | $3K | $10K | 25x | as long as short |
| Extended LDO-USDshort | −0.024% | +0.0104% | 1h | $258K | $1.0M | 25x | |
| Polymarket Perps LDO-USD | −0.023% | +0.0087% | 1h | $27K | $1.2M | 5x | as long as short |
| Paradex LDO-USD-PERP | −0.012% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| MEXC LDO_USDT | −0.009% | +0.0100% | 8h | $9.4M | $7.7M | 200x | as long as short |
| GMX LDO/USD [ETH-USDC] | −0.006% | L +0.0301% / S −0.0180% | 1h | $24K | — | 100x | as long as short |
| Backpack LDO_USDC_PERPlong | 0.000% | −0.0065% | 1h | $85K | $199K | 10x | |
| Pacifica LDO | +0.001% | +0.0100% | 1h | $111K | $188K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.039% | −0.0095% | 1h | $1.1M | $549K | 50x | as long as short |
| KuCoin LDOUSDTM | +0.060% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| dYdX LDO-USD | +0.084% | 0.0000% | 1h | $83K | $17K | 5x | as long as short |
| ApeX Omni LDOUSDT | +0.084% | +0.0100% | 1h | $33K | $646K | 50x | as long as short |
| Aster LDOUSDT | +0.108% | +0.0100% | 8h | $167K | $317K | 10x | as long as short |
| Hyperliquid LDO | +0.149% | +0.0100% | 1h | $12.2M | $3.6M | 5x | as long as short |
| Lighter LDO | +0.239% | +0.0096% | 1h | $875K | $278K | 10x | as long as short |
| Injective LDO/USDC PERP | +1.012% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.220% | +0.0100% | 8h | $2K | $1.4M | 20x | as long as short |