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 +0.015%
Price spread now: MEXC against Bybit+0.117%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.117%, 7d avg +0.072%
Together, before fees−0.050%−$5 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: MEXC is 0.045% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42760.0100pay 0.0100% / 8h5h 54m$16.1M$10.5M50x
ShortMEXC LDO_USDT0.42810.0100get 0.0100% / 8h5h 54m$7.7M$6.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.117% → +0.072%
$4.47
Slippage, 4 orders
−$25.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$31.57
Costs to cover
0.360%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 3 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 Bybit live order book, 4 min ago1.17 bp12.1 bp −$1234.5 bp −$345doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.17 bp4.1 bp −$413.5 bp −$13583.5 bp −$8,354149.7 bp −$74.9K

LDO on 28 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%1h0.4259−0.398%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4281+0.124%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4285+0.210%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.882%$4K$1312xas long as short
ApeX Omni LDOUSDT+0.0080%1h0.4280+0.094%$33K$638K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4279+0.069%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4285+0.222%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4289+0.299%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4283+0.166%$110K$144K10xas long as short
Binance LDOUSDT+0.0100%8h0.4279+0.075%$17.9M$32.3M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTlong+0.0100%8h0.4276long leg$16.1M$10.5M50x
OKX LDO-USDT-SWAP+0.0100%8h0.42760.000%$4.0M$7.3M50xas long as short
Gate LDO_USDT+0.0100%8h0.4283+0.164%$1.5M$1.0M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4281+0.117%$7.7M$6.9M200x
KuCoin LDOUSDTM+0.0100%8h0.4284+0.187%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4280+0.094%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4280+0.094%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4286+0.246%$88K$142K10xas long as short
Variational Omni LDO+0.0100%8h0.4304+0.650%$201K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4278+0.047%$302K$3.4M10xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4281+0.110%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4385+2.549%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4276+0.005%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4285+0.210%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4285+0.201%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4277+0.013%$298K15xas long as short
Lighter LDO+0.0408%1h0.4291+0.358%$872K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0576%1h0.4289+0.309%$1.2M$711K50xas long as short