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 −0.020%
Price spread now: GRVT against Gate+0.653%96s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.089% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.547%−$55 · spread now +0.653%, 7d avg +0.050%
Together, before fees−0.529%+ Points / potential airdropGRVT: Active · farm board−$53 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 0.602% dearer against Gate than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.42650.0100pay 0.0100% / 8h6h 55m$1.4M$939K50x
ShortGRVT LDO_USDT_Perp0.42930.0100get 0.0100% / 8h6h 55m$303K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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: +0.653% → +0.050%
$60.22
Slippage, 4 orders
−$84.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$48.66
Costs to cover
1.089%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; GRVT: live order book, 3 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 Gate live order book, 1 min ago4.68 bp31.7 bp −$32372.2 bp −$3,722doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago3.50 bp25.8 bp −$2666.5 bp −$665doesn'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%1h0.4271+0.141%$119K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4270+0.117%$82K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.42650.000%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.634%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4267+0.038%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4263−0.042%$11.8M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4265+0.004%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4270+0.117%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4267+0.047%$17.9M$34.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4259−0.141%$16.1M$11.3M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4259−0.141%$4.0M$8.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4265long leg$1.4M$939K50x
MEXC LDO_USDT+0.0100%8h0.4266+0.023%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4264−0.023%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4261−0.094%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4263−0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4260−0.110%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4257−0.180%$200K$80Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4293+0.653%$303K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.586%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4266+0.033%$23K$720K5xas long as short
SunX LDO-USDT+0.0100%8h0.4361+2.251%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4261−0.105%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4262−0.061%$38K3xas long as short
BloFin LDO-USDT+0.0114%8h0.4284+0.445%$920K$208K75xas long as short
Lighter LDO+0.0184%1h0.4271+0.138%$867K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4263−0.056%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4262−0.062%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0564%1h0.4265−0.011%$1.1M$507K50xas long as short