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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.040%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.795% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.040%, 7d avg +0.002%
Together, before fees+0.108%+$11 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: Binance is 0.042% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.41210.0100pay 0.0100% / 8h5h 05m$2.5M$2.9M50x
ShortBinance LDOUSDT0.41190.0100get 0.0100% / 8h5h 05m$17.3M$30.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.040% → +0.002%
−$4.21
Slippage, 4 orders
−$57.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$83.72
Costs to cover
0.795%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 14 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 KuCoin live order book, 5 min ago2.42 bp23.6 bp −$24860.3 bp −$8,603doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.21 bp12.6 bp −$1326.7 bp −$267130.0 bp −$13.0Kdoesn't fit

LDO on 29 exchanges

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−0.0384%1h0.4099−0.534%$112K$47K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0235%1h0.4122+0.024%$7K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4123+0.047%$79K$2K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.267%$4K$1012xas long as short
Lighter LDO+0.0096%1h0.4126+0.126%$827K$251K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4116−0.110%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4123+0.039%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4124+0.072%$162K$53K10xas long as short
Pacifica LDO+0.0100%1h0.4123+0.049%$104K$7K10xas long as short
Binance LDOUSDTshort+0.0100%8h0.4119−0.040%$17.3M$30.6M75x
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4118−0.073%$15.9M$9.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4120−0.024%$3.9M$5.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4124+0.073%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4122+0.024%$6.3M$5.2M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4121long leg$2.5M$2.9M50x
Bitget LDOUSDT+0.0100%8h0.4124+0.073%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4120−0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4122+0.019%$84K$166K10xas long as short
Variational Omni LDO+0.0100%8h0.4121+0.010%$196K$49Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4122+0.029%$290K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4120−0.024%$20K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4125+0.109%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4218+2.354%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4117−0.105%$249K$1.5M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4122+0.023%$36K3xas long as short
BloFin LDO-USDT+0.0117%8h0.41210.000%$869K$267K75xas long as short
Reya LDORUSDPERP+0.0350%1h0.4121+0.005%$287K15xas long as short
Kraken Futures PF_LDOUSD+0.0367%1h0.4125+0.104%$1.0M$724K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0383% / S −0.0308%1h0.4125+0.090%$29K100xas long as short