Spread before costs (cost unknown: a leg has no order-book sample)−0.413%
7d average−0.035%if it closes, per $10,000$41funding while held, a day−$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LDO_USDC_PERP | 0.4345 | 0.0100 | pay 0.0013% / 1h | 7m 01s | $88K | $189K | 10x |
| Short | Variational Omni LDO | 0.4327 | 0.0099 | get 0.0099% / 8h | 1h 07m | $222K | $154K | — |
Backpack LDO_USDC_PERP
Variational Omni LDOPrice 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
- −$41.27
- Funding while held
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$51.29
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: live order book, 48 min ago; Variational Omni: RFQ quote, 48 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.02
- 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, 48 min ago | 1.85 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 48 min ago | 4.61 bp | doesn't fit | 41.5 bp −$415 | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4301cheapest
Coinbase InternationalVariational Omni0.4327+0.595%
ApeX Omni0.4330+0.674%dYdX0.4340+0.902%Bybit0.4340+0.907%OKX0.4340+0.907%Extended0.4340+0.911%Bitget0.4341+0.930%Paradex0.4342+0.943%BingX0.4342+0.953%Pacifica0.4343+0.976%Binance0.4343+0.977%Gate0.4343+0.977%MEXC0.4343+0.977%Reya0.4343+0.987%BloFin0.4344+1.000%
ApeX Omni
dYdX
Bybit
OKX
Extended
Bitget
Paradex
BingX
Pacifica
Binance
Gate
MEXC
Reya
BloFinBackpack0.4345+1.011%
KuCoin0.4345+1.023%Deribit0.4345+1.023%GMX0.4345+1.029%Aevo0.4345+1.031%Aster0.4345+1.033%Kraken Futures0.4346+1.047%Polymarket Perps0.4346+1.051%Hyperliquid0.4348+1.097%Injective0.4350+1.139%Lighter0.4354+1.232%SunX0.4446+3.371%
KuCoin
Deribit
GMX
Aevo
Aster
Kraken Futures
Polymarket Perps
Hyperliquid
Injective
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 | −1.001% | −0.1016% | 1h | $115K | $42K | 50x | as long as short |
| Variational Omni LDOshort | −0.413% | +0.0099% | 8h | $222K | $154K | — | |
| ApeX Omni LDOUSDT | −0.334% | +0.0100% | 1h | $33K | $647K | 50x | as long as short |
| dYdX LDO-USD | −0.109% | 0.0000% | 1h | $83K | $17K | 5x | as long as short |
| Bybit LDOUSDT | −0.104% | +0.0076% | 8h | $16.5M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.104% | +0.0100% | 8h | $4.0M | $9.6M | 50x | as long as short |
| Extended LDO-USD | −0.100% | +0.0104% | 1h | $260K | $1.0M | 25x | as long as short |
| Bitget LDOUSDT | −0.081% | +0.0100% | 8h | $3.3M | $3.7M | 75x | as long as short |
| Paradex LDO-USD-PERP | −0.068% | +0.0100% | 8h | $3K | $56 | 20x | as long as short |
| BingX LDO-USDT | −0.058% | +0.0100% | 8h | — | $4.8M | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica LDO | −0.035% | +0.0100% | 1h | $111K | $188K | 10x | as long as short |
| Binance LDOUSDT | −0.035% | +0.0100% | 8h | $18.0M | $38.0M | 75x | as long as short |
| Gate LDO_USDT | −0.035% | +0.0100% | 8h | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | −0.035% | +0.0100% | 8h | $10.0M | $7.4M | 200x | as long as short |
| Reya LDORUSDPERP | −0.024% | +0.0323% | 1h | $303K | — | 15x | as long as short |
| BloFin LDO-USDT | −0.012% | +0.0121% | 8h | $832K | $153K | 75x | as long as short |
| Backpack LDO_USDC_PERPlong | 0.000% | +0.0100% | 1h | $88K | $189K | 10x | |
| KuCoin LDOUSDTM | +0.012% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.012% | 0.0000% | 1h | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | +0.018% | L +0.0299% / S −0.0177% | 1h | $24K | — | 100x | as long as short |
| Aevo LDO-PERP | +0.019% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Aster LDOUSDT | +0.021% | +0.0100% | 8h | $168K | $312K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.036% | −0.0085% | 1h | $1.2M | $547K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.039% | +0.0100% | 1h | $27K | $1.5M | 5x | as long as short |
| Hyperliquid LDO | +0.085% | +0.0100% | 1h | $12.4M | $3.5M | 5x | as long as short |
| Injective LDO/USDC PERP | +0.127% | −0.0430% | 1h | $4K | $177K | 12x | as long as short |
| Lighter LDO | +0.219% | +0.0096% | 1h | $883K | $283K | 10x | as long as short |
| SunX LDO-USDT | +2.336% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |