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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Pacifica−0.063%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.063%, 7d avg −0.054%
Together, before fees−0.067%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.43040.0100pay 0.0013% / 1h24m 05s$110K$159K10x
ShortBingX LDO-USDT0.43010.0100get 0.0100% / 8h6h 24m$10.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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: −0.063% → −0.054%
−$0.97
Slippage, 4 orders
−$45.44
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.4
Costs to cover
0.634%
Break-even
never at this rate
Slippage from Pacifica: live order book, 44 min ago; BingX: live order book, 9 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 Pacifica live order book, 44 min ago6.90 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.50 bp13.2 bp −$1331.0 bp −$310101.8 bp −$10.2K391.2 bp −$195.6K

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%1h0.4308+0.099%$120K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4303−0.010%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4300−0.086%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.501%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4297−0.166%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4300−0.075%$11.8M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4301−0.067%$169K$134K10xas long as short
Pacifica LDOlong+0.0100%1h0.4304long leg$110K$159K10x
Binance LDOUSDT+0.0100%8h0.4299−0.109%$18.0M$33.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4296−0.179%$16.1M$11.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4297−0.156%$4.0M$7.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4301−0.063%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299−0.110%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4300−0.086%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4297−0.156%$3.3M$3.3M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4301−0.063%$10.0M
Backpack LDO_USDC_PERP+0.0100%1h0.4300−0.084%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4300−0.091%$202K$71Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4299−0.110%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.319%$33K$642K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4300−0.096%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4402+2.284%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4296−0.176%$261K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4299−0.110%$38K3xas long as short
Lighter LDO+0.0272%1h0.4308+0.106%$875K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4297−0.149%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4296−0.177%$300K15xas long as short
Kraken Futures PF_LDOUSD+0.0559%1h0.4305+0.035%$1.2M$778K50xas long as short