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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: GRVT against Extended−0.175%72s7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 7 days+0.330%+$33 · spread now −0.175%, 7d avg +0.098%
Together, before fees+0.394%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$39 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 0.273% cheaper against Extended than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.098%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.42760.0104pay 0.0013% / 1h43m 59s$258K$1.3M25x
ShortGRVT LDO_USDT_Perp0.42680.0100get 0.0100% / 8h5h 43m$303K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
−$0.84
Price spread: −0.175% → +0.098%
−$27.29
Slippage, 4 orders
−$54.09
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$96.23
Costs to cover
0.681%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; GRVT: live order book, 5 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 Extended live order book, 4 min ago3.51 bp15.6 bp −$16115.5 bp −$1,155doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago1.17 bp15.5 bp −$1535.4 bp −$354doesn'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−0.0512%1h0.4259−0.389%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4280+0.103%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4279+0.079%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.874%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4276+0.014%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4282+0.147%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4281+0.118%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4281+0.125%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4282+0.141%$17.9M$32.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4279+0.079%$16.1M$10.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4278+0.056%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4280+0.103%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4281+0.126%$7.7M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4278+0.056%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4280+0.103%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4278+0.056%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4279+0.081%$89K$142K10xas long as short
Variational Omni LDO+0.0100%8h0.4268−0.184%$200K$68Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4268−0.175%$303K$3.3M10x
ApeX Omni LDOUSDT+0.0100%1h0.4280+0.103%$33K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4279+0.088%$23K$686K5xas long as short
SunX LDO-USDT+0.0100%8h0.4378+2.395%$2K$1.2M20xas long as short
BloFin LDO-USDT+0.0103%8h0.4280+0.103%$255K75xas long as short
Extended LDO-USDlong+0.0104%1h0.4276long leg$258K$1.3M25x
Aevo LDO-PERP+0.0104%1h0.4278+0.050%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4276+0.003%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4275−0.013%$298K15xas long as short
Lighter LDO+0.0384%1h0.4287+0.276%$871K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0577%1h0.4283+0.161%$1.2M$711K50xas long as short