Spread before costs (cost unknown: a leg has no order-book sample)−0.245%
7d average—if it closes, per $10,000$25funding while held, a day+$0.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LDO-USD-PERP | 0.4355 | 0.0098 | pay 0.0098% / 8h | 3m 01s | $3K | $56 | 20x |
| Short | Binance LDOUSDT | 0.4344 | 0.0100 | get 0.0100% / 8h | 3m 01s | $18.0M | $40.0M | 75x |
Paradex LDO-USD-PERP
Binance LDOUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$24.52
- Funding while held
- $0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.45
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0002%
- Per $10,000 a day
- +$0.07
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 1.16 bp | 12.9 bp −$13 | 36.8 bp −$368 | 138.6 bp −$13.9K | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LDO price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.4339cheapestBybit0.4340+0.023%Gate0.4340+0.023%Coinbase International0.4340+0.023%Reya0.4342+0.063%Extended0.4342+0.066%BingX0.4342+0.069%Backpack0.4342+0.071%OKX0.4343+0.092%
Bitget
Bybit
Gate
Coinbase International
Reya
Extended
BingX
Backpack
OKXBinance0.4344+0.115%
KuCoin0.4344+0.115%Aevo0.4345+0.127%MEXC0.4345+0.138%Hyperliquid0.4346+0.161%Deribit0.4346+0.161%GMX0.4348+0.217%BloFin0.4349+0.230%Polymarket Perps0.4351+0.267%Aster0.4351+0.268%
KuCoin
Aevo
MEXC
Hyperliquid
Deribit
GMX
BloFin
Polymarket Perps
AsterParadex0.4355+0.361%
Lighter0.4355+0.376%Kraken Futures0.4356+0.383%dYdX0.4358+0.438%ApeX Omni0.4360+0.484%Pacifica0.4361+0.510%Variational Omni0.4371+0.733%Injective0.4380+0.945%SunX0.4449+2.535%
Lighter
Kraken Futures
dYdX
ApeX Omni
Pacifica
Variational Omni
Injective
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget LDOUSDT | −0.360% | +0.0100% | 8h | $3.3M | $3.8M | 75x | as long as short |
| Bybit LDOUSDT | −0.337% | +0.0076% | 8h | $16.5M | $13.3M | 50x | as long as short |
| Gate LDO_USDT | −0.337% | +0.0100% | 8h | $1.4M | $1.2M | 50x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.337% | −0.1248% | 1h | $116K | $45K | 50x | as long as short |
| Reya LDORUSDPERP | −0.297% | +0.0325% | 1h | $303K | — | 15x | as long as short |
| Extended LDO-USD | −0.294% | +0.0104% | 1h | $262K | $1.0M | 25x | as long as short |
| BingX LDO-USDT | −0.291% | +0.0100% | 8h | — | $5.0M | — | as long as short |
| Backpack LDO_USDC_PERP | −0.289% | −0.0005% | 1h | $85K | $200K | 10x | as long as short |
| OKX LDO-USDT-SWAP | −0.268% | +0.0100% | 8h | $4.0M | $9.9M | 50x | as long as short |
| Binance LDOUSDTshort | −0.245% | +0.0100% | 8h | $18.0M | $40.0M | 75x |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin LDOUSDTM | −0.245% | +0.0100% | 8h | $2.6M | $4.2M | 50x | as long as short |
| Aevo LDO-PERP | −0.234% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| MEXC LDO_USDT | −0.222% | +0.0100% | 8h | $9.8M | $7.9M | 200x | as long as short |
| Hyperliquid LDO | −0.199% | +0.0100% | 1h | $12.3M | $3.6M | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.199% | 0.0000% | 1h | $3K | $10K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | −0.144% | L +0.0302% / S −0.0181% | 1h | $24K | — | 100x | as long as short |
| BloFin LDO-USDT | −0.130% | +0.0088% | 8h | $836K | $149K | 75x | as long as short |
| Polymarket Perps LDO-USD | −0.094% | +0.0024% | 1h | $27K | $1.2M | 5x | as long as short |
| Aster LDOUSDT | −0.093% | +0.0100% | 8h | $169K | $323K | 10x | as long as short |
| Paradex LDO-USD-PERPlong | 0.000% | +0.0098% | 8h | $3K | $56 | 20x | |
| Lighter LDO | +0.014% | +0.0096% | 1h | $883K | $282K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.021% | −0.0094% | 1h | $1.2M | $560K | 50x | as long as short |
| dYdX LDO-USD | +0.076% | 0.0000% | 1h | $84K | $17K | 5x | as long as short |
| ApeX Omni LDOUSDT | +0.122% | +0.0100% | 1h | $33K | $645K | 50x | as long as short |
| Pacifica LDO | +0.148% | +0.0100% | 1h | $112K | $188K | 10x | as long as short |
| Variational Omni LDO | +0.370% | +0.0100% | 8h | $222K | $151K | — | as long as short |
| Injective LDO/USDC PERP | +0.582% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.166% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |