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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Hyperliquid against KuCoin−0.014%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.014%, 7d avg +0.064%
Together, before fees+0.190%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 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: Hyperliquid is 0.078% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42750.0100pay 0.0100% / 8h4h 21m$2.7M$3.7M50x
ShortHyperliquid LDO0.42740.0100get 0.0013% / 1h21m 58s$11.7M$3.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.014% → +0.064%
−$7.78
Slippage, 4 orders
−$114.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$143.75
Costs to cover
1.360%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 11 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, 6 min ago1.17 bp74.9 bp −$75894.5 bp −$8,945doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.94 bp9.1 bp −$9doesn't fitdoesn'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−0.0416%1h0.4270−0.117%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4276+0.028%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4277+0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.860%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4272−0.060%$3K20xas long as short
Hyperliquid LDOshort+0.0100%1h0.4274−0.014%$11.7M$3.2M5x
Aster LDOUSDT+0.0100%8h0.4276+0.016%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4275+0.003%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4275+0.003%$18.0M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4274−0.023%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4272−0.070%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4274−0.023%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4272−0.070%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4275long leg$2.7M$3.7M50x
Bitget LDOUSDT+0.0100%8h0.4273−0.047%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.42750.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4273−0.054%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4269−0.147%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4274−0.026%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.117%$33K$640K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279+0.087%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4379+2.433%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4271−0.096%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4276+0.031%$38K3xas long as short
BloFin LDO-USDT+0.0124%8h0.4273−0.047%$906K$252K75xas long as short
Lighter LDO+0.0248%1h0.4284+0.208%$871K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4275−0.003%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4273−0.039%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4278+0.079%$1.1M$681K50xas long as short