Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.017%
Price spread now: GRVT against BloFin−0.437%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+0.442%+$44 · spread now −0.437%, 7d avg −0.047%
=Together, before fees+0.448%+ Points / potential airdropGRVT: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.390% cheaper against BloFin than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4343 | 0.0118 | pay 0.0118% / 8h | 1h 37m | $792K | $230K | 75x |
| Short | GRVT LDO_USDT_Perp | 0.4324 | 0.0100 | get 0.0100% / 8h | 1h 37m | $306K | $3.5M | 10x |
BloFin LDO-USDT
GRVT LDO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- −$3.86
- Price spread: −0.437% → −0.047%
- −$39.03
- Slippage, 4 orders
- −$52.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$116.77
- Costs to cover
- 0.739%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; GRVT: live order book, 1 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 BloFin live order book, 44 min ago | 6.88 bp | 12.9 bp −$13 | 18.7 bp −$187 | 72.0 bp −$7,200 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.15 bp | 38.0 bp −$38 | 101.8 bp −$1,018 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −5.365% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.635% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4351 | +0.193% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4345 | +0.046% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4340 | −0.072% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4346 | +0.074% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4346 | +0.062% | $171K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4342 | −0.023% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4342 | −0.019% | $18.1M | $38.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4338 | −0.115% | $16.5M | $13.3M | 50x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4338 | −0.115% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4340 | −0.069% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4342 | −0.023% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4345 | +0.046% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4345 | +0.046% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4340 | −0.069% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4354 | +0.260% | $87K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4318 | −0.576% | $202K | $85K | — | as long as short |
| GRVT LDO_USDT_Perpshort | +0.0100% | 8h | 0.4324 | −0.437% | $306K | $3.5M | 10x | |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | −0.299% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4347 | +0.099% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4448 | +2.418% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4340 | −0.069% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4345 | +0.049% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0118% | 8h | 0.4343 | long leg | $792K | $230K | 75x | |
| Lighter LDO | +0.0176% | 1h | 0.4355 | +0.265% | $884K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0295% | 1h | 0.4345 | +0.050% | $1.1M | $563K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4348 | +0.107% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4343 | −0.010% | $303K | — | 15x | as long as short |
OKX LDO-USDT-SWAP
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
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP