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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: GRVT against dYdX−0.026%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 0.026% cheaper against dYdX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LDO-USD0.43000get 0.0000% / 1h6m 09s$83K$17K5x
ShortGRVT LDO_USDT_Perp0.42990.0100get 0.0100% / 8h6m 09s$306K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against dYdX. 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
$21
Price spread: −0.026% → 0.000%
−$2.6
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$0.6
Costs to cover
0.190%
Break-even
7.2 days
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell GRVT live order book, 3 min ago1.16 bp27.4 bp −$2755.7 bp −$557doesn't fitdoesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective LDO/USDC PERP−0.5000%1h0.4110−4.419%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4312+0.279%$117K$52K50xas long as short
dYdX LDO-USDlong0.0000%1h0.4300long leg$83K$17K5x
Kraken Futures PF_LDOUSD+0.0026%1h0.4304+0.088%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4295−0.118%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4306+0.137%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4304+0.086%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4300+0.006%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4302+0.050%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4298−0.047%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4298−0.047%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4299−0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299−0.023%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4301+0.023%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.43000.000%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4299−0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4301+0.026%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.095%$201K$82Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4299−0.026%$306K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.43000.000%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4301+0.023%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4400+2.326%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4296−0.083%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4300−0.004%$38K3xas long as short
BloFin LDO-USDT+0.0105%8h0.4301+0.023%$786K$219K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0215%1h0.43000.000%$3K$10K25xas long as short
Lighter LDO+0.0304%1h0.4310+0.242%$875K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4299−0.025%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4297−0.077%$300K15xas long as short