Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Binance−0.943%99s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days+1.023%+$102 · spread now −0.943%, 7d avg +0.006%
=Together, before fees+1.088%+ Points / potential airdropGRVT: Active · farm board+$109 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 0.950% cheaper against Binance than usual: you would sell low and buy high, −$95 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LDOUSDT | 0.4292 | 0.0100 | pay 0.0100% / 8h | 4h 29m | $18.0M | $31.1M | 75x |
| Short | GRVT LDO_USDT_Perp | 0.4252 | 0.0100 | get 0.0100% / 8h | 4h 29m | $301K | $3.4M | 10x |
Binance LDOUSDT
GRVT LDO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.943% → +0.006%
- −$94.98
- Slippage, 4 orders
- −$58.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$172.35
- Costs to cover
- 0.774%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; GRVT: live order book, 4 min ago.
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 Binance live order book, 12 min ago | 1.17 bp | 10.7 bp −$11 | 21.4 bp −$214 | 240.8 bp −$24.1K | doesn't fit |
| Sell GRVT live order book, 4 min ago | 3.52 bp | 19.5 bp −$19 | 46.7 bp −$467 | doesn't fit | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4240 | −1.212% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4284 | −0.181% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.240% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4287 | −0.121% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4294 | +0.058% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4295 | +0.072% | $169K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4291 | −0.031% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDTlong | +0.0100% | 8h | 0.4292 | long leg | $18.0M | $31.1M | 75x | |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4291 | −0.023% | $16.2M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4290 | −0.047% | $4.0M | $6.9M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4293 | +0.023% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4292 | 0.000% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4294 | +0.047% | $2.8M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4290 | −0.047% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4291 | −0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4295 | +0.061% | $91K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4281 | −0.250% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perpshort | +0.0100% | 8h | 0.4252 | −0.943% | $301K | $3.4M | 10x | |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | −0.746% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4287 | −0.112% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4389 | +2.260% | $1K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0102% | 8h | 0.4289 | −0.070% | $915K | $253K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4290 | −0.043% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4290 | −0.055% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0216% | 1h | 0.4299 | +0.172% | $874K | $265K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4289 | −0.070% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4286 | −0.133% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4281 | −0.254% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0492% | 1h | 0.4291 | −0.025% | $1.2M | $684K | 50x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD