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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against MEXC−0.213%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.213%, 7d avg +0.103%
Together, before fees+0.436%+$44 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: ApeX Omni is 0.315% cheaper against MEXC than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42290.0100pay 0.0100% / 8h1h 24m$6.7M$6.0M200x
ShortApeX Omni LDOUSDT0.42200.0100get 0.0013% / 1h24m 47s$31K$637K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: −0.213% → +0.103%
−$31.54
Slippage, 4 orders
−$27.02
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$68.56
Costs to cover
0.370%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; ApeX Omni: live order book, 18 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 MEXC live order book, 3 min ago1.18 bp3.8 bp −$49.0 bp −$9066.7 bp −$6,667145.3 bp −$72.7K
Sell ApeX Omni live order book, 18 min ago5.92 bp13.5 bp −$1391.6 bp −$916doesn'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−0.0648%1h0.4193−0.851%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4220−0.213%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4233+0.095%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.814%$4K$1112xas long as short
BloFin LDO-USDT+0.0074%8h0.4231+0.047%$892K$259K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4231+0.050%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4234+0.109%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4231+0.057%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4232+0.067%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4230+0.030%$17.7M$30.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4227−0.047%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4228−0.024%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4232+0.071%$1.4M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4229long leg$6.7M$6.0M200x
KuCoin LDOUSDTM+0.0100%8h0.4232+0.071%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4231+0.047%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4232+0.071%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4230+0.021%$89K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4230+0.018%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4220−0.203%$301K$3.5M10xas long as short
ApeX Omni LDOUSDTshort+0.0100%1h0.4220−0.213%$31K$637K50x
Polymarket Perps LDO-USD+0.0100%1h0.4238+0.213%$22K$376K5xas long as short
SunX LDO-USDT+0.0100%8h0.4332+2.436%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4226−0.065%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4233+0.102%$37K3xas long as short
Lighter LDO+0.0176%1h0.4238+0.222%$854K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4220−0.220%$23K100xas long as short
Reya LDORUSDPERP+0.0344%1h0.4233+0.103%$295K15xas long as short
Kraken Futures PF_LDOUSD+0.0379%1h0.4236+0.171%$1.1M$714K50xas long as short