Spread before costs (cost unknown: a leg has no order-book sample)+4.589%
7d average+0.369%if it closes, per $10,000$459funding while held, a day+$1.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LDO/USDC PERP | 0.4140 | 0.0033 | pay 0.0004% / 1h | 35m 37s | $4K | $92K | 12x |
| Short | Bybit LDOUSDT | 0.4330 | 0.0089 | get 0.0089% / 8h | 6h 35m | $16.8M | $13.4M | 50x |
Injective LDO/USDC PERP
Bybit LDOUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $458.94
- Funding while held
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $449.58
- Spread needed to break even
- 0.110%
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0055%
- Per $10,000 a day
- +$1.66
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.15 bp | 10.2 bp −$10 | 39.3 bp −$393 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4140cheapest
Gate0.4329+4.565%
GateBybit0.4330+4.589%
OKX0.4330+4.589%Bitget0.4330+4.589%BingX0.4330+4.589%Extended0.4331+4.607%Paradex0.4331+4.622%Binance0.4332+4.638%MEXC0.4332+4.638%Pacifica0.4333+4.662%Reya0.4333+4.663%Backpack0.4334+4.674%KuCoin0.4334+4.686%Aevo0.4334+4.687%dYdX0.4334+4.692%Polymarket Perps0.4335+4.710%Deribit0.4335+4.710%Hyperliquid0.4335+4.717%Kraken Futures0.4335+4.722%GMX0.4336+4.726%Aster0.4336+4.746%Coinbase International0.4337+4.758%BloFin0.4340+4.831%Lighter0.4340+4.836%
OKX
Bitget
BingX
Extended
Paradex
Binance
MEXC
Pacifica
Reya
Backpack
KuCoin
Aevo
dYdX
Polymarket Perps
Deribit
Hyperliquid
Kraken Futures
GMX
Aster
Coinbase International
BloFin
LighterVariational Omni0.4353+5.139%
Variational OmniApeX Omni0.4360+5.314%
ApeX OmniSunX0.4432+7.053%
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERPlong | 0.000% | +0.0033% | 1h | $4K | $92K | 12x | |
| Gate LDO_USDT | +4.565% | −0.0015% | 8h | $1.4M | $1.2M | 50x | as long as short |
| Bybit LDOUSDTshort | +4.589% | +0.0089% | 8h | $16.8M | $13.4M | 50x | |
| OKX LDO-USDT-SWAP | +4.589% | +0.0100% | 8h | $4.0M | $9.6M | 50x | as long as short |
| Bitget LDOUSDT | +4.589% | +0.0100% | 8h | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +4.589% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| Extended LDO-USD | +4.607% | +0.0104% | 1h | $261K | $1.0M | 25x | as long as short |
| Paradex LDO-USD-PERP | +4.622% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| Binance LDOUSDT | +4.638% | +0.0100% | 8h | $18.0M | $39.8M | 75x | as long as short |
| MEXC LDO_USDT | +4.638% | +0.0100% | 8h | $8.8M | $7.7M | 200x | as long as short |