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 0.000%
Price spread now: Bitget against Gate−0.047%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days+0.061%+$6 · spread now −0.047%, 7d avg +0.002%
Together, before fees+0.130%+$13 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: Bitget is 0.049% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.42890.0100pay 0.0100% / 8h5h 40m$1.5M$1.0M50x
ShortBitget LDOUSDT0.42870.0100get 0.0100% / 8h5h 40m$3.3M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: −0.047% → +0.002%
−$4.85
Slippage, 4 orders
−$41.54
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$73.39
Costs to cover
0.685%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago3.50 bp13.6 bp −$14438.8 bp −$4,388doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.33 bp14.7 bp −$1538.2 bp −$382doesn'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%1h0.4259−0.699%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4287−0.042%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4280−0.210%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.173%$4K$1312xas long as short
BloFin LDO-USDT+0.0089%8h0.4284−0.117%$917K$255K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4287−0.041%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288−0.023%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4291+0.039%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4288−0.019%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4288−0.017%$17.9M$32.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4284−0.117%$16.1M$10.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4286−0.070%$4.0M$7.2M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4289long leg$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.42890.000%$7.8M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4288−0.023%$2.7M$4.0M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4287−0.047%$3.3M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4287−0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4284−0.128%$87K$144K10xas long as short
Variational Omni LDO+0.0100%8h0.4279−0.229%$201K$68Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4290+0.014%$304K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.023%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4285−0.103%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4382+2.168%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4286−0.069%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4281−0.185%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4283−0.137%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4279−0.226%$298K15xas long as short
Lighter LDO+0.0400%1h0.4295+0.135%$872K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0577%1h0.4285−0.099%$1.2M$711K50xas long as short