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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: GRVT against Bybit−0.065%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.196%+$20 · spread now −0.065%, 7d avg +0.081%
Together, before fees+0.271%+ Points / potential airdropGRVT: Active · farm board+$27 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 0.145% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LDOUSDT0.42750.0100pay 0.0100% / 8h4h 03m$16.1M$10.0M50x
ShortGRVT LDO_USDT_Perp0.42720.0100get 0.0100% / 8h4h 03m$306K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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: −0.065% → +0.081%
−$14.52
Slippage, 4 orders
−$43.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$77.89
Costs to cover
0.634%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; GRVT: live order book, 6 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 Bybit live order book, just now1.17 bp11.6 bp −$1234.2 bp −$342doesn't fitdoesn't fit
Sell GRVT live order book, 6 min ago1.17 bp10.6 bp −$1162.8 bp −$628doesn'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%1h0.4263−0.281%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4270−0.117%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.860%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4270−0.109%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4281+0.133%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4281+0.144%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4273−0.053%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4277+0.052%$18.0M$31.0M75xas long as short
Bybit LDOUSDTlong+0.0100%8h0.4275long leg$16.1M$10.0M50x
OKX LDO-USDT-SWAP+0.0100%8h0.4274−0.023%$4.0M$6.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.42750.000%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4276+0.023%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4277+0.047%$2.7M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4277+0.047%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4274−0.023%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4271−0.101%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4265−0.240%$200K$60Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4272−0.065%$306K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4270−0.117%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4278+0.061%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4376+2.363%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4274−0.034%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4276+0.030%$38K3xas long as short
BloFin LDO-USDT+0.0128%8h0.4280+0.117%$912K$253K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0218%1h0.4278+0.070%$7K$20K25xas long as short
Lighter LDO+0.0296%1h0.4285+0.239%$873K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4276+0.012%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4275+0.008%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4278+0.067%$1.1M$680K50xas long as short