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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Binance−0.017%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.017%, 7d avg +0.013%
Together, before fees+0.174%+ Points / potential airdropPacifica: Active · farm board+$17 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: Pacifica is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LDOUSDT0.43260.0100pay 0.0100% / 8h1h 31m$18.0M$38.4M75x
ShortPacifica LDO0.43250.0100get 0.0013% / 1h31m 33s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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: −0.017% → +0.013%
−$3.06
Slippage, 4 orders
−$33.18
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$54.24
Costs to cover
0.512%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Pacifica: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.16 bp10.8 bp −$1121.0 bp −$210199.1 bp −$19.9Kdoesn't fit
Sell Pacifica live order book, 51 min ago3.44 bp15.9 bp −$16doesn't fitdoesn'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
Injective LDO/USDC PERP−0.0851%1h0.4110−4.989%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4304−0.505%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4328+0.039%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4326+0.004%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4323−0.057%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4329+0.073%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4328+0.039%$170K$152K10xas long as short
Pacifica LDOshort+0.0100%1h0.4325−0.017%$111K$178K10x
Binance LDOUSDTlong+0.0100%8h0.4326long leg$18.0M$38.4M75x
Bybit LDOUSDT+0.0100%8h0.4321−0.112%$16.4M$13.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4319−0.158%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4323−0.066%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4325−0.019%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4325−0.019%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4322−0.089%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4324−0.042%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4324−0.052%$85K$182K10xas long as short
Variational Omni LDO+0.0100%8h0.4333+0.166%$203K$84Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4331+0.118%$305K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4340+0.327%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4325−0.029%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4430+2.408%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4320−0.146%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4326−0.002%$38K3xas long as short
BloFin LDO-USDT+0.0128%8h0.4334+0.189%$785K$223K75xas long as short
Lighter LDO+0.0208%1h0.4337+0.253%$880K$267K10xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4329+0.083%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4324−0.047%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4320−0.146%$301K15xas long as short