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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.087%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.577% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.087%, 7d avg +0.058%
Together, before fees−0.049%+ Points / potential airdropExtended: Active · farm board−$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: BingX is 0.029% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43200.0104pay 0.0013% / 1h26m 23s$260K$1.0M25x
ShortBingX LDO-USDT0.43240.0100get 0.0100% / 8h1h 26m$3.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.087% → +0.058%
$2.94
Slippage, 4 orders
−$42.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$55.64
Costs to cover
0.577%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago3.46 bp15.3 bp −$1580.1 bp −$801doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago1.15 bp14.8 bp −$1529.9 bp −$299105.2 bp −$10.5K362.6 bp −$181.3K

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%1h0.4110−4.866%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4299−0.492%$117K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4329+0.210%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4331+0.249%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4322+0.051%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4332+0.279%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4330+0.220%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4328+0.180%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4327+0.145%$18.0M$38.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4322+0.041%$16.5M$13.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4321+0.018%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4326+0.133%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4326+0.133%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4327+0.156%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4323+0.064%$3.4M$3.8M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4324+0.087%$3.8M
Backpack LDO_USDC_PERP+0.0100%1h0.4327+0.163%$85K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4319−0.030%$202K$84Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4334+0.315%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330+0.226%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4327+0.152%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4433+2.610%$2K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4320long leg$260K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4330+0.237%$38K3xas long as short
BloFin LDO-USDT+0.0128%8h0.4332+0.272%$789K$224K75xas long as short
Lighter LDO+0.0224%1h0.4335+0.337%$879K$268K10xas long as short
Kraken Futures PF_LDOUSD+0.0296%1h0.4333+0.285%$1.1M$552K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4327+0.149%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4322+0.040%$301K15xas long as short