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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.019%−$2 · spread now 0.000%, 7d avg +0.004%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42790.0100pay 0.0100% / 8h5h 38m$10.0M
ShortBitget LDOUSDT0.42790.0100get 0.0100% / 8h5h 38m$3.3M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: 0.000% → +0.004%
−$0.39
Slippage, 4 orders
−$36.33
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$58.73
Costs to cover
0.583%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Bitget: live order book, 4 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 BingX live order book, 15 min ago1.16 bp16.6 bp −$1729.6 bp −$296215.8 bp −$21.6K468.4 bp −$234.2K
Sell Bitget live order book, 4 min ago2.33 bp14.7 bp −$1538.2 bp −$382doesn'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
Coinbase International LDO-PERP-INTX−0.0512%1h0.4259−0.467%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4284+0.120%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4281+0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.950%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4281+0.042%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4284+0.110%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4285+0.130%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4285+0.138%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4283+0.082%$17.9M$32.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4278−0.023%$16.1M$10.4M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4277−0.047%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4282+0.070%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4282+0.070%$7.7M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4282+0.070%$2.7M$4.0M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.42790.000%$3.3M$3.2M75x
BingX LDO-USDTlong+0.0100%8h0.4279long leg$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4280+0.035%$87K$144K10xas long as short
Variational Omni LDO+0.0100%8h0.4279+0.004%$201K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4290+0.247%$304K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.257%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4284+0.110%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4381+2.384%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4278−0.022%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4282+0.075%$38K3xas long as short
BloFin LDO-USDT+0.0115%8h0.42790.000%$911K$254K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4282+0.067%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4278−0.016%$298K15xas long as short
Lighter LDO+0.0368%1h0.4291+0.290%$872K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0577%1h0.4286+0.156%$1.2M$698K50xas long as short