Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.301%
Price spread now: GRVT against Coinbase International+0.232%76s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as 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−$990.991% of the position
Funding, last 7 days+0.714%+$71 on $10k
+Price spread, last 4 days (all we have)−0.429%−$43 · spread now +0.232%, 7d avg −0.062%
=Together, before fees+0.285%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and GRVT is 0.294% dearer against Coinbase International than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.062%. The two prices were read 76 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 | Coinbase International LDO-PERP-INTX | 0.4253 | −0.0352 | get 0.0044% / 1h | 32m 03s | $118K | $41K | 50x |
| Short | GRVT LDO_USDT_Perp | 0.4263 | 0.0100 | get 0.0100% / 8h | 3h 32m | $305K | $3.4M | 10x |
Coinbase International LDO-PERP-INTX
GRVT LDO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Coinbase International. 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
- $94.92
- Price spread: +0.232% → −0.062%
- $29.44
- Slippage, 4 orders
- −$80.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $25.22
- Costs to cover
- 0.991%
- Break-even
- 5.1 days
Slippage from Coinbase International: live order book, 21 min ago; GRVT: live order book, 2 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 Coinbase International live order book, 21 min ago | 16.32 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 4.69 bp | 11.3 bp −$11 | 41.4 bp −$414 | 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-INTXlong | −0.0352% | 1h | 0.4253 | long leg | $118K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4258 | +0.106% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4264 | +0.259% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.362% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4260 | +0.158% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4266 | +0.317% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4265 | +0.282% | $168K | $100K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4263 | +0.235% | $109K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4264 | +0.259% | $17.9M | $30.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4260 | +0.165% | $16.0M | $9.9M | 50x | as long as short |
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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 | 0.4261 | +0.188% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4262 | +0.212% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4262 | +0.212% | $7.7M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4265 | +0.282% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4262 | +0.212% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4263 | +0.235% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4263 | +0.240% | $91K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4259 | +0.135% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perpshort | +0.0100% | 8h | 0.4263 | +0.232% | $305K | $3.4M | 10x | |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.400% | $33K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4265 | +0.282% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4361 | +2.539% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4260 | +0.170% | $255K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4263 | +0.235% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0126% | 8h | 0.4265 | +0.282% | $911K | $252K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4262 | +0.215% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4260 | +0.166% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0395% | 1h | 0.4266 | +0.308% | $1.1M | $653K | 50x | as long as short |
| Lighter LDO | +0.0432% | 1h | 0.4272 | +0.447% | $874K | $249K | 10x | 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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD
Lighter LDO