Spread before costs (cost unknown: a leg has no order-book sample)+0.025%
7d average—if it closes, per $10,000$2funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LDOUSDT | 0.4332 | 0.0100 | pay 0.0100% / 8h | 52m 25s | $17.9M | $37.9M | 75x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4333 | 0 | get 0.0000% / 1h | 52m 25s | $3K | $10K | 25x |
Binance LDOUSDT
Deribit LDO_USDC-PERPETUALPrice 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
- $2.47
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.53
- Spread needed to break even
- 0.170%
Slippage unknown: Binance: live order book, 6 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Binance live order book, 6 min ago | 1.15 bp | 9.8 bp −$10 | 19.4 bp −$194 | 191.3 bp −$19.1K | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 International0.4301cheapestVariational Omni0.4320+0.438%Paradex0.4327+0.593%Extended0.4327+0.602%dYdX0.4327+0.608%Pacifica0.4328+0.625%Bybit0.4328+0.628%OKX0.4328+0.628%Bitget0.4328+0.628%Reya0.4328+0.633%BingX0.4329+0.651%Gate0.4330+0.674%ApeX Omni0.4330+0.674%Backpack0.4331+0.688%KuCoin0.4331+0.698%Polymarket Perps0.4331+0.707%Aster0.4332+0.718%
Coinbase International
Variational Omni
Paradex
Extended
dYdX
Pacifica
Bybit
OKX
Bitget
Reya
BingX
Gate
ApeX Omni
Backpack
KuCoin
Polymarket Perps
AsterBinance0.4332+0.719%
MEXC0.4332+0.721%Aevo0.4332+0.721%BloFin0.4332+0.721%GMX0.4332+0.728%
MEXC
Aevo
BloFin
GMXDeribit0.4333+0.744%
Kraken Futures0.4333+0.751%Hyperliquid0.4336+0.821%Lighter0.4339+0.872%Injective0.4350+1.139%SunX0.4430+2.999%
Kraken Futures
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 | −0.714% | −0.1248% | 1h | $115K | $42K | 50x | as long as short |
| Variational Omni LDO | −0.279% | +0.0100% | 8h | $222K | $149K | — | as long as short |
| Paradex LDO-USD-PERP | −0.125% | +0.0100% | 8h | $3K | $56 | 20x | as long as short |
| Extended LDO-USD | −0.116% | +0.0104% | 1h | $260K | $1.0M | 25x | as long as short |
| dYdX LDO-USD | −0.111% | 0.0000% | 1h | $83K | $17K | 5x | as long as short |
| Pacifica LDO | −0.093% | +0.0100% | 1h | $111K | $188K | 10x | as long as short |
| Bybit LDOUSDT | −0.091% | +0.0084% | 8h | $16.5M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.091% | +0.0100% | 8h | $4.0M | $9.5M | 50x | as long as short |
| Bitget LDOUSDT | −0.091% | +0.0100% | 8h | $3.3M | $3.8M | 75x | as long as short |
| Reya LDORUSDPERP | −0.085% | +0.0324% | 1h | $302K | — | 15x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX LDO-USDT | −0.068% | +0.0100% | 8h | — | $4.8M | — | as long as short |
| Gate LDO_USDT | −0.045% | +0.0100% | 8h | $1.4M | $1.1M | 50x | as long as short |
| ApeX Omni LDOUSDT | −0.045% | +0.0100% | 1h | $33K | $646K | 50x | as long as short |
| Backpack LDO_USDC_PERP | −0.031% | +0.0100% | 1h | $88K | $191K | 10x | as long as short |
| KuCoin LDOUSDTM | −0.021% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| Polymarket Perps LDO-USD | −0.012% | +0.0100% | 1h | $27K | $1.5M | 5x | as long as short |
| Aster LDOUSDT | −0.001% | +0.0100% | 8h | $168K | $312K | 10x | as long as short |
| Binance LDOUSDTlong | 0.000% | +0.0100% | 8h | $17.9M | $37.9M | 75x | |
| MEXC LDO_USDT | +0.002% | +0.0100% | 8h | $10.0M | $7.3M | 200x | as long as short |
| Aevo LDO-PERP | +0.002% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.002% | +0.0104% | 8h | $840K | $137K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | +0.009% | L +0.0300% / S −0.0178% | 1h | $24K | — | 100x | as long as short |
| Deribit LDO_USDC-PERPETUALshort | +0.025% | 0.0000% | 1h | $3K | $10K | 25x | |
| Kraken Futures PF_LDOUSD | +0.031% | −0.0095% | 1h | $1.1M | $542K | 50x | as long as short |
| Hyperliquid LDO | +0.101% | +0.0100% | 1h | $12.3M | $3.4M | 5x | as long as short |
| Lighter LDO | +0.152% | +0.0320% | 1h | $880K | $266K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.417% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.264% | +0.0100% | 8h | $2K | $1.4M | 20x | as long as short |