ArbiLayer

LDO arbitrage

live

Live Lido DAO price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.11%Bybit → Binance · Perp–Perp
Best perp–perp spread+0.05%Bybit → Binance
Markets tracked159 venues · 9 perp · 6 spot · 0 DEX
Price range0.22%$0.4334 – $0.4343

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

LDO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · LDOUSDTMPerpetual $0.4336$0.4338$0.43370.00% +0.030%$10.32M
Bybit logoBybitPerpetual · LDOUSDTPerpetual $0.4333$0.4334$0.4334-0.08% +0.030%$8.18M
OKX logoOKXPerpetual · LDO-USDT-SWAPPerpetual $0.4336$0.4337$0.4337-0.01% +0.001%$8.05M
MEXC logoMEXCPerpetual · LDO_USDTPerpetual $0.4336$0.4337$0.4337-0.01% -0.020%$5.62M
Hyperliquid logoHyperliquidPerpetual · LDOPerpetual $0.4336$0.434$0.4338+0.02% +0.030%$2.95M
Bybit logoBybitSpot · LDOUSDTSpot $0.4339$0.4341$0.434+0.07% —$1.88M
OKX logoOKXSpot · LDO-USDTSpot $0.4338$0.4341$0.434+0.06% —$1.76M
Bitget logoBitgetPerpetual · LDOUSDTPerpetual $0.4335$0.4337$0.4336-0.02% +0.030%$1.71M
KuCoin logoKuCoinSpot · LDO-USDTSpot $0.4341$0.4344$0.4343+0.13% —$275.2K
Variational logoVariationalPerpetual · LDOPerpetual $0.4332$0.4338$0.4335-0.05% +0.030%$212.1K
Bitget logoBitgetSpot · LDOUSDTSpot $0.4341$0.4345$0.4343+0.14% —$169.6K
Binance logoBinancePerpetual · LDOUSDTPerpetual $0.4336$0.4337$0.4337-0.01% -0.020%—
Aster logoAsterPerpetual · LDOUSDTPerpetual $0.4333$0.434$0.4337-0.01% +0.030%—
Binance logoBinanceSpot · LDOUSDTSpot $0.4339$0.434$0.434+0.06% ——
MEXC logoMEXCSpot · LDOUSDTSpot $0.4339$0.434$0.434+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

LDO arbitrage explained

Right now Lido DAO (LDO) trades on 9 venues we scan: 9 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.4334 and the highest bid on KuCoin spot at $0.4341.

The widest LDO perpetual spread is between Bybit and Binance: long LDO on Bybit at $0.4334 and short on Binance at $0.4336 for +0.05% gross, or -0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.050% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best LDO route is to buy spot on Binance and short the perpetual on Binance: -0.09% gross, -0.29% net, with -0.020% a day of funding on the short leg.

Spot–spot LDO arbitrage (buy on Binance, withdraw, deposit and sell on Bitget) shows +0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small LDO gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: LDO funding rates · LDO spread charts · Lido DAO price · arbitrage scanner for all coins.

Is there a LDO arbitrage opportunity right now?

The best LDO route right now is to buy on Bybit → sell on Binance (Perp–Perp): +0.05% gross and -0.11% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LDO?

Bybit (perp) has the lowest LDO ask at $0.4334, and KuCoin (spot) the highest bid at $0.4341. Prices update every 15 seconds on this page.

How many exchanges list LDO?

ArbiLayer tracks 15 LDO markets on 9 venues: 9 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage LDO without transferring coins?

Use two perpetual contracts: go long LDO on the cheaper exchange (Bybit now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins