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: KuCoin against MEXC+0.071%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.071%, 7d avg +0.002%
Together, before fees−0.138%−$14 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: KuCoin is 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42460.0100pay 0.0100% / 8h3h 15m$7.5M$6.3M200x
ShortKuCoin LDOUSDTM0.42490.0100get 0.0100% / 8h3h 15m$2.7M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.071% → +0.002%
$6.84
Slippage, 4 orders
−$76.04
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$81.19
Costs to cover
0.880%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: 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 MEXC live order book, 2 min ago1.18 bp3.6 bp −$412.8 bp −$12869.9 bp −$6,991149.7 bp −$74.9K
Sell KuCoin live order book, 2 min ago2.35 bp40.8 bp −$41280.3 bp −$2,803doesn'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−0.0352%1h0.4227−0.447%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4246+0.009%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4252+0.141%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.203%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4247+0.027%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4250+0.097%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4247+0.034%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4250+0.097%$109K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4247+0.034%$17.8M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4247+0.024%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.42460.000%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4249+0.071%$1.5M$1.1M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4246long leg$7.5M$6.3M200x
KuCoin LDOUSDTMshort+0.0100%8h0.4249+0.071%$2.7M$3.6M50x
Bitget LDOUSDT+0.0100%8h0.42460.000%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.42460.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4251+0.125%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4248+0.041%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4251+0.117%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4250+0.094%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4252+0.148%$21K$246K5xas long as short
SunX LDO-USDT+0.0100%8h0.4349+2.426%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4247+0.013%$255K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4251+0.118%$38K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4254+0.188%$912K$256K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4249+0.067%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4245−0.027%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0396%1h0.4254+0.195%$1.1M$657K50xas long as short
Lighter LDO+0.0472%1h0.4260+0.320%$855K$268K10xas long as short