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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX+0.072%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.621% 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 4 days (all we have)+0.100%+$10 · spread now +0.072%, 7d avg +0.053%
Together, before fees+0.100%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.43050.0100pay 0.0100% / 8h1m 25s$3.7M
ShortPacifica LDO0.43080.0100get 0.0013% / 1h1m 25s$111K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.072% → +0.053%
$1.85
Slippage, 4 orders
−$44.12
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$60.27
Costs to cover
0.621%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Pacifica: live order book, 11 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, 8 min ago4.65 bp13.9 bp −$1426.8 bp −$268160.8 bp −$16.1K465.7 bp −$232.8K
Sell Pacifica live order book, 11 min ago5.82 bp19.2 bp −$19doesn'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−0.5000%1h0.4110−4.530%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4284−0.488%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4307+0.046%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4310+0.105%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4305−0.009%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4313+0.193%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4311+0.131%$170K$149K10xas long as short
Pacifica LDOshort+0.0100%1h0.4308+0.072%$111K$178K10x
Binance LDOUSDT+0.0100%8h0.4308+0.070%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4304−0.023%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4304−0.023%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4307+0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4309+0.093%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4308+0.070%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4307+0.046%$3.4M$3.7M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4305long leg$3.7M
Backpack LDO_USDC_PERP+0.0100%1h0.4306+0.030%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.211%$201K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4303−0.057%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.116%$35K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311+0.130%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4407+2.369%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4303−0.049%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4306+0.035%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4313+0.186%$788K$219K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4306+0.022%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4306+0.028%$300K15xas long as short
Lighter LDO+0.0344%1h0.4316+0.246%$876K$269K10xas long as short
Deribit LDO_USDC-PERPETUAL+0.0447%1h0.4307+0.046%$3K$10K25xas long as short