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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: GRVT against ApeX Omni+0.134%7-day average −0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.134%, 7d avg −0.120%
Together, before fees−0.248%+ Points / potential airdropGRVT: Active · farm board−$25 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: GRVT is 0.254% dearer against ApeX Omni than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LDOUSDT0.42700.0100pay 0.0013% / 1h51m 10s$33K$641K50x
ShortGRVT LDO_USDT_Perp0.42760.0100get 0.0100% / 8h4h 51m$300K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against ApeX Omni. 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: +0.134% → −0.120%
$25.36
Slippage, 4 orders
−$50.77
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$44.41
Costs to cover
0.698%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 7 min ago; GRVT: 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 ApeX Omni live order book, 7 min ago7.03 bp15.0 bp −$15101.4 bp −$1,014doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago2.34 bp15.1 bp −$1547.3 bp −$473doesn't fitdoesn't fit

LDO on 29 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%1h0.4261−0.211%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4272+0.052%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4266−0.094%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.747%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4263−0.174%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4267−0.077%$11.6M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4269−0.025%$168K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4267−0.070%$110K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4268−0.047%$17.9M$31.1M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4262−0.187%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4263−0.164%$4.0M$6.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4266−0.094%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4264−0.141%$7.7M$6.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4267−0.070%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4263−0.164%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4265−0.117%$9.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4265−0.126%$92K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4260−0.228%$200K$60Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4276+0.134%$300K$3.3M10x
ApeX Omni LDOUSDTlong+0.0100%1h0.4270long leg$33K$641K50x
Polymarket Perps LDO-USD+0.0100%1h0.4266−0.084%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4367+2.272%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4262−0.197%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4266−0.099%$38K3xas long as short
BloFin LDO-USDT+0.0104%8h0.4264−0.141%$917K$252K75xas long as short
Lighter LDO+0.0120%1h0.4274+0.105%$868K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4265−0.119%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4262−0.197%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0494%1h0.4269−0.017%$1.1M$683K50xas long as short