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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against Bybit−0.046%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days+0.083%+$8 · spread now −0.046%, 7d avg +0.026%
Together, before fees+0.159%+$16 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: OKX is 0.072% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.43400.0100pay 0.0100% / 8h1h 08m$16.5M$12.9M50x
ShortOKX LDO-USDT-SWAP0.43380.0100get 0.0100% / 8h1h 08m$4.1M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.046% → +0.026%
−$7.18
Slippage, 4 orders
−$37.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$66.14
Costs to cover
0.590%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago1.15 bp16.6 bp −$1734.9 bp −$349doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.31 bp13.0 bp −$1336.5 bp −$365doesn'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−0.0851%1h0.4110−5.300%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4312−0.645%$117K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4347+0.170%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4344+0.092%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4345+0.108%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4348+0.191%$12.2M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4346+0.149%$171K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4348+0.184%$112K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4344+0.087%$18.1M$37.7M75xas long as short
Bybit LDOUSDTlong+0.0100%8h0.4340long leg$16.5M$12.9M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.4338−0.046%$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4344+0.092%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4343+0.069%$8.5M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4345+0.115%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4343+0.069%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4343+0.069%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4345+0.120%$86K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4336−0.094%$203K$83Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4333−0.159%$309K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.43400.000%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4346+0.131%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4446+2.442%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4339−0.021%$260K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4344+0.087%$38K3xas long as short
BloFin LDO-USDT+0.0110%8h0.4346+0.138%$788K$224K75xas long as short
Kraken Futures PF_LDOUSD+0.0295%1h0.4345+0.114%$1.1M$527K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4344+0.082%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4338−0.053%$303K15xas long as short
Lighter LDO+0.0336%1h0.4351+0.260%$882K$268K10xas long as short