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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against GRVT+0.094%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.094%, 7d avg +0.120%
Together, before fees+0.020%+ Points / potential airdropGRVT: Active · farm board+$2 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: ApeX Omni is 0.026% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.42760.0100pay 0.0100% / 8h4h 00m$306K$3.4M10x
ShortApeX Omni LDOUSDT0.42800.0100get 0.0013% / 1h0m 18s$33K$639K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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: +0.094% → +0.120%
−$2.62
Slippage, 4 orders
−$46.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$67.88
Costs to cover
0.653%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; ApeX Omni: live order book, 58 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 GRVT live order book, 4 min ago1.17 bp19.5 bp −$19117.0 bp −$1,170doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago7.03 bp14.5 bp −$1591.5 bp −$915doesn'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%1h0.4277+0.023%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4281+0.122%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.882%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4287+0.262%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4291+0.358%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4292+0.371%$169K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4289+0.304%$110K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4289+0.304%$18.0M$30.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4286+0.234%$16.2M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4287+0.257%$4.0M$6.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4288+0.281%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4288+0.281%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4288+0.281%$2.8M$3.7M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4287+0.257%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4289+0.304%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4287+0.267%$91K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4284+0.181%$201K$60Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4276long leg$306K$3.4M10x
ApeX Omni LDOUSDTshort+0.0100%1h0.4280+0.094%$33K$639K50x
Polymarket Perps LDO-USD+0.0100%1h0.4290+0.339%$23K$511K5xas long as short
SunX LDO-USDT+0.0100%8h0.4391+2.689%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4286+0.224%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4288+0.278%$38K3xas long as short
BloFin LDO-USDT+0.0123%8h0.4283+0.164%$913K$253K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0217%1h0.4286+0.234%$7K$20K25xas long as short
Lighter LDO+0.0296%1h0.4297+0.498%$876K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4287+0.254%$23K100xas long as short
Reya LDORUSDPERP+0.0341%1h0.4286+0.242%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0492%1h0.4287+0.255%$1.2M$678K50xas long as short