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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%
Price spread now: Binance against Extended+0.085%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.584% 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 3 days (all we have)−0.022%−$2 · spread now +0.085%, 7d avg +0.099%
Together, before fees−0.022%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43180.0104pay 0.0013% / 1h6m 10s$259K$1.0M25x
ShortBinance LDOUSDT0.43210.0100get 0.0100% / 8h4h 06m$18.0M$38.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.085% → +0.099%
−$1.42
Slippage, 4 orders
−$43.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$60.68
Costs to cover
0.584%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Binance: live order book, 10 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 Extended live order book, 1 min ago5.79 bp17.7 bp −$18108.7 bp −$1,087doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.15 bp11.5 bp −$1130.7 bp −$307148.5 bp −$14.8Kdoesn'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−0.1112%1h0.4317−0.016%$116K$52K50xas long as short
Kraken Futures PF_LDOUSD−0.0255%1h0.4320+0.051%$1.1M$520K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4322+0.100%$3K$10K25xas long as short
dYdX LDO-USD+0.0004%1h0.4324+0.146%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.104%$4K$28K12xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4319+0.021%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4326+0.188%$12.1M$3.4M5xas long as short
Aster LDOUSDT+0.0100%8h0.4324+0.153%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4324+0.146%$111K$182K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4321+0.085%$18.0M$38.2M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4320+0.054%$16.7M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4318+0.008%$4.0M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4324+0.146%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4321+0.077%$9.0M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4322+0.100%$2.7M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4317−0.016%$3.3M$3.6M75xas long as short
BingX LDO-USDT+0.0100%8h0.4321+0.077%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4322+0.102%$85K$193K10xas long as short
Variational Omni LDO+0.0100%8h0.4322+0.111%$202K$119Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4324+0.146%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.054%$33K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4324+0.144%$23K$692K5xas long as short
SunX LDO-USDT+0.0100%8h0.4423+2.439%$2K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4318long leg$259K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4325+0.159%$38K3xas long as short
BloFin LDO-USDT+0.0118%8h0.4326+0.193%$803K$227K75xas long as short
Lighter LDO+0.0264%1h0.4332+0.327%$878K$263K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0198%1h0.4323+0.120%$24K100xas long as short
Reya LDORUSDPERP+0.0330%1h0.4318+0.007%$301K15xas long as short