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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.009%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.009%, 7d avg +0.086%
Together, before fees−0.067%+ Points / potential airdropExtended: Active · farm board−$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: KuCoin is 0.077% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42850.0104pay 0.0013% / 1h19m 12s$260K$1.3M25x
ShortKuCoin LDOUSDTM0.42850.0100get 0.0100% / 8h6h 19m$2.7M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.009% → +0.086%
−$7.66
Slippage, 4 orders
−$92.34
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$117.84
Costs to cover
1.093%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; KuCoin: 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 Extended live order book, 4 min ago5.82 bp17.9 bp −$18113.4 bp −$1,134doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago2.33 bp43.4 bp −$43249.3 bp −$2,493doesn't fitdoesn't fit

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−0.0416%1h0.4291+0.149%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4290+0.129%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4287+0.056%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.075%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4281−0.088%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+0.072%$11.7M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4287+0.052%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4282−0.056%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4289+0.091%$17.9M$33.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4285+0.009%$16.1M$10.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4287+0.056%$4.0M$7.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4285+0.009%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4286+0.032%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4285+0.009%$2.7M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4285+0.009%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4284−0.014%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4287+0.065%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4289+0.096%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.257%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.126%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4288+0.077%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4389+2.436%$1K$1.3M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4285long leg$260K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4287+0.053%$38K3xas long as short
Lighter LDO+0.0272%1h0.4296+0.277%$873K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4283−0.042%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4284−0.007%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0561%1h0.4293+0.191%$1.2M$778K50xas long as short