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: KuCoin against BingX+0.048%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 7 days+0.018%+$2 · spread now +0.048%, 7d avg +0.037%
Together, before fees−0.166%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42090.0100pay 0.0100% / 8h1h 01m$10.1M
ShortKuCoin LDOUSDTM0.42110.0100get 0.0100% / 8h1h 01m$2.7M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.048% → +0.037%
$1.01
Slippage, 4 orders
−$82.1
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$103.09
Costs to cover
1.041%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 6 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, 7 min ago2.37 bp13.1 bp −$1322.9 bp −$229188.7 bp −$18.9K431.4 bp −$215.7K
Sell KuCoin live order book, 6 min ago1.18 bp31.9 bp −$32257.4 bp −$2,574doesn'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−0.0648%1h0.4193−0.380%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4217+0.196%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42090.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.352%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4207−0.054%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4213+0.093%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4212+0.071%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4212+0.072%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4210+0.014%$17.6M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4205−0.095%$15.9M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4207−0.048%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4214+0.119%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42090.000%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4211+0.048%$2.7M$3.3M50x
Bitget LDOUSDT+0.0100%8h0.42090.000%$3.2M$3.0M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4209long leg$10.1M
Backpack LDO_USDC_PERP+0.0100%1h0.4211+0.057%$89K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4226+0.398%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4219+0.238%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.499%$31K$635K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4211+0.045%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4307+2.328%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4206−0.070%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4209+0.004%$37K3xas long as short
BloFin LDO-USDT+0.0120%8h0.4215+0.143%$888K$258K75xas long as short
Lighter LDO+0.0304%1h0.4218+0.204%$850K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4208−0.027%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4207−0.057%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0381%1h0.4212+0.082%$1.1M$706K50xas long as short