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: Gate against Bitget−0.118%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$810.813% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days+0.090%+$9 · spread now −0.118%, 7d avg −0.002%
Together, before fees+0.020%+$2 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: Gate is 0.117% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.42300.0100pay 0.0100% / 8h3h 07m$3.2M$3.2M75x
ShortGate LDO_USDT0.42250.0100get 0.0100% / 8h3h 07m$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.118% → −0.002%
−$11.66
Slippage, 4 orders
−$54.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$92.94
Costs to cover
0.813%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: 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 Bitget live order book, 5 min ago2.36 bp17.3 bp −$1740.6 bp −$406doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago3.54 bp22.5 bp −$22135.6 bp −$1,356doesn'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−0.0352%1h0.4227−0.071%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4225−0.113%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.837%$4K$1312xas long as short
BloFin LDO-USDT+0.0086%8h0.4231+0.024%$686K$254K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4224−0.138%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4236+0.139%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4231+0.029%$166K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4226−0.085%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4232+0.042%$17.8M$30.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42300.000%$16.0M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4232+0.047%$4.0M$6.7M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4225−0.118%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.42300.000%$7.5M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4231+0.024%$2.7M$3.6M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4230long leg$3.2M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4233+0.071%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4232+0.050%$90K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4235+0.112%$199K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4246+0.372%$302K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.473%$32K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4231+0.028%$64K$297K5xas long as short
SunX LDO-USDT+0.0100%8h0.4328+2.317%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4230−0.009%$254K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4231+0.035%$37K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0223%1h0.4231+0.024%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4231+0.022%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4228−0.058%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0397%1h0.4235+0.113%$1.1M$658K50xas long as short
Lighter LDO+0.0440%1h0.4243+0.303%$853K$270K10xas long as short