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: SunX against Bybit+2.467%7-day average +2.375% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now +2.467%, 7d avg +2.375%
Together, before fees−0.068%−$7 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: SunX is 0.092% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +2.375%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42960.0100pay 0.0100% / 8h5h 08m$16.1M$9.9M50x
ShortSunX LDO-USDT0.44020.0100get 0.0100% / 8h5h 08m$1K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +2.467% → +2.375%
$9.25
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$9.75
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, just now; SunX: live order book, 6 min ago. Net counts fees only.

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, just now2.33 bp14.8 bp −$1537.2 bp −$372doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago257.11 bpdoesn't fitdoesn'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
Coinbase International LDO-PERP-INTX−0.0512%1h0.4304+0.186%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4300+0.093%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4301+0.116%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.330%$4K$1312xas long as short
BloFin LDO-USDT+0.0088%8h0.4303+0.163%$921K$254K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4296−0.003%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4300+0.088%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4302+0.142%$169K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4297+0.035%$110K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4301+0.105%$18.1M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDTlong+0.0100%8h0.4296long leg$16.1M$9.9M50x
OKX LDO-USDT-SWAP+0.0100%8h0.4294−0.047%$4.0M$7.0M50xas long as short
Gate LDO_USDT+0.0100%8h0.4299+0.070%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4300+0.093%$7.8M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4299+0.070%$2.8M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4297+0.023%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4298+0.047%$9.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4298+0.051%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4301+0.109%$202K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4310+0.336%$305K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310+0.326%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4299+0.068%$23K$516K5xas long as short
SunX LDO-USDTshort+0.0100%8h0.4402+2.467%$1K$1.2M20x
Extended LDO-USD+0.0104%1h0.4296+0.008%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4299+0.062%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4300+0.100%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4296+0.006%$300K15xas long as short
Lighter LDO+0.0400%1h0.4308+0.286%$875K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0574%1h0.4303+0.171%$1.2M$685K50xas long as short