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 −0.015%
Price spread now: Bybit against OKX−0.023%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.005%$0 · spread now −0.023%, 7d avg −0.025%
Together, before fees−0.081%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42740.0100pay 0.0100% / 8h4h 24m$4.0M$6.9M50x
ShortBybit LDOUSDT0.42730.0100get 0.0100% / 8h4h 24m$16.1M$10.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: −0.023% → −0.025%
$0.15
Slippage, 4 orders
−$42.62
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$63.47
Costs to cover
0.636%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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 OKX live order book, 4 min ago2.34 bp15.8 bp −$1653.7 bp −$537doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.17 bp15.4 bp −$1536.5 bp −$365doesn'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%1h0.4270−0.094%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4276+0.051%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.837%$4K$1312xas long as short
BloFin LDO-USDT+0.0093%8h0.4278+0.094%$903K$253K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4273−0.020%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4278+0.084%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4276+0.054%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4276+0.045%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4276+0.052%$17.9M$31.1M75xas long as short
Bybit LDOUSDTshort+0.0100%8h0.4273−0.023%$16.1M$10.0M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPlong+0.0100%8h0.4274long leg$4.0M$6.9M50x
Gate LDO_USDT+0.0100%8h0.4276+0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42740.000%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4277+0.070%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4275+0.023%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4275+0.023%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4273−0.028%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4269−0.124%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4274−0.002%$301K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270−0.094%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4278+0.084%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4380+2.480%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4272−0.055%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277+0.066%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4278+0.094%$7K$20K25xas long as short
Lighter LDO+0.0232%1h0.4285+0.248%$871K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4274+0.004%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4273−0.021%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4281+0.161%$1.2M$681K50xas long as short