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: Gate against OKX−0.023%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.023%, 7d avg +0.013%
Together, before fees−0.038%−$4 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: Gate is 0.037% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.42880.0100pay 0.0100% / 8h6h 19m$4.0M$7.7M50x
ShortGate LDO_USDT0.42870.0100get 0.0100% / 8h6h 19m$1.5M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → +0.013%
−$3.68
Slippage, 4 orders
−$68.43
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$97.11
Costs to cover
0.934%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago1.16 bp15.8 bp −$1671.6 bp −$716doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago4.65 bp27.3 bp −$27190.7 bp −$1,907doesn't fitdoesn't fit

LDO on 28 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%1h0.4268−0.466%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4290+0.050%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4286−0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.151%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4283−0.116%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.42880.000%$11.7M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4288+0.010%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4289+0.012%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4290+0.050%$17.9M$33.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.42880.000%$16.1M$10.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPlong+0.0100%8h0.4288long leg$4.0M$7.7M50x
Gate LDO_USDTshort+0.0100%8h0.4287−0.023%$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4290+0.047%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4290+0.047%$2.7M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4289+0.023%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.42880.000%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4287−0.014%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4289+0.016%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4296+0.178%$303K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.280%$33K$642K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4288−0.005%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4389+2.355%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4287−0.021%$261K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4286−0.041%$38K3xas long as short
Lighter LDO+0.0264%1h0.4295+0.168%$872K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4285−0.063%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4284−0.086%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0561%1h0.4287−0.034%$1.2M$778K50xas long as short