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-0.05%Gate → OKX · Perp–Perp
Best perp–perp spread+0.11%Gate → OKX
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.26%$0.4605 – $0.4617

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$0.4614OKX logoOKX$0.4612 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
OKX logoOKXspot$0.4614Hyperliquid logoHyperliquid$0.4612 -0.05%-0.25% -0.05%— +0.030%— LS Chart →
Bybit logoBybitspot$0.4615OKX logoOKX$0.4612 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
Gate logoGatespot$0.4615OKX logoOKX$0.4612 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.4615OKX logoOKX$0.4612 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
OKX logoOKXspot$0.4614Binance logoBinance$0.4611 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
OKX logoOKXspot$0.4614Bybit logoBybit$0.4611 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
OKX logoOKXspot$0.4614Bitget logoBitget$0.4611 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
Bybit logoBybitspot$0.4615Hyperliquid logoHyperliquid$0.4612 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Gate logoGatespot$0.4615Hyperliquid logoHyperliquid$0.4612 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.4615Hyperliquid logoHyperliquid$0.4612 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Binance logoBinancespot$0.4616OKX logoOKX$0.4612 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$0.4615Binance logoBinance$0.4611 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$0.4615Bybit logoBybit$0.4611 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$0.4615Bitget logoBitget$0.4611 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
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 $0.4609$0.4612$0.461-0.04% +0.030%$12.14M
OKX logoOKXPerpetual · LDO-USDT-SWAPPerpetual $0.4612$0.4613$0.46130.00% +0.030%$10.16M
Bybit logoBybitPerpetual · LDOUSDTPerpetual $0.4611$0.4612$0.4612-0.02% +0.030%$9.25M
MEXC logoMEXCPerpetual · LDO_USDTPerpetual $0.461$0.4612$0.4611-0.03% +0.030%$5.91M
Hyperliquid logoHyperliquidPerpetual · LDOPerpetual $0.4612$0.4617$0.4614+0.04% +0.030%$2.97M
Gate logoGatePerpetual · LDO_USDTPerpetual $0.4606$0.4607$0.4607-0.13% -0.052%$2.47M
Bitget logoBitgetPerpetual · LDOUSDTPerpetual $0.4611$0.4614$0.46130.00% +0.030%$2.16M
OKX logoOKXSpot · LDO-USDTSpot $0.4612$0.4614$0.4613+0.01% —$1.67M
Bybit logoBybitSpot · LDOUSDTSpot $0.4614$0.4615$0.4615+0.04% —$1.65M
Variational logoVariationalPerpetual · LDOPerpetual $0.4602$0.4608$0.4605-0.16% +0.030%$300.6K
KuCoin logoKuCoinSpot · LDO-USDTSpot $0.4612$0.4615$0.4614+0.02% —$296.2K
Gate logoGateSpot · LDO_USDTSpot $0.4613$0.4615$0.4614+0.03% —$283.9K
Bitget logoBitgetSpot · LDOUSDTSpot $0.4615$0.4619$0.4617+0.10% —$174.2K
Binance logoBinancePerpetual · LDOUSDTPerpetual $0.4611$0.4612$0.4612-0.02% +0.030%—
Aster logoAsterPerpetual · LDOUSDTPerpetual $0.4608$0.4615$0.4612-0.02% +0.030%—
Binance logoBinanceSpot · LDOUSDTSpot $0.4615$0.4616$0.4616+0.07% ——
MEXC logoMEXCSpot · LDOUSDTSpot $0.4615$0.4617$0.4616+0.08% ——
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 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.4607 and the highest bid on Bitget spot at $0.4615.

The widest LDO perpetual spread is between Gate and OKX: long LDO on Gate at $0.4607 and short on OKX at $0.4612 for +0.11% gross, or -0.05% 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 +0.082% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best LDO route is to buy spot on OKX and short the perpetual on OKX: -0.04% gross, -0.24% net, with +0.030% a day of funding on the short leg.

Spot–spot LDO arbitrage (buy on OKX, withdraw, deposit and sell on Binance) 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 Gate → sell on OKX (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LDO?

Gate (perp) has the lowest LDO ask at $0.4607, and Bitget (spot) the highest bid at $0.4615. Prices update every 15 seconds on this page.

How many exchanges list LDO?

ArbiLayer tracks 17 LDO markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage LDO without transferring coins?

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

Arbitrage for other coins

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