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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against GRVT−0.045%54s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 7 days−0.042%−$4 · spread now −0.045%, 7d avg −0.046%
Together, before fees+0.010%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.43150.0100pay 0.0100% / 8h2h 38m$303K$3.5M10x
ShortBingX LDO-USDT0.43130.0100get 0.0100% / 8h2h 38m$3.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.045% → −0.046%
$0.18
Slippage, 4 orders
−$39.71
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$58.54
Costs to cover
0.587%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; BingX: live order book, 1 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, 5 min ago2.32 bp16.7 bp −$1771.3 bp −$713doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago3.48 bp13.9 bp −$1424.6 bp −$24692.9 bp −$9,293371.0 bp −$185.5K

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−0.0688%1h0.4325+0.233%$117K$55K50xas long as short
Kraken Futures PF_LDOUSD−0.0330%1h0.4316+0.016%$1.1M$557K50xas long as short
dYdX LDO-USD0.0000%1h0.4314−0.027%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4313−0.045%$3K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.041%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4327+0.280%$877K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4314−0.011%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4316+0.025%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4315−0.006%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4315+0.002%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4315+0.011%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4315+0.002%$16.7M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4312−0.068%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4311−0.091%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4315+0.002%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4315+0.002%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4312−0.068%$3.4M$3.7M75xas long as short
BingX LDO-USDTshort+0.0100%8h0.4313−0.045%$3.9M
Backpack LDO_USDC_PERP+0.0100%1h0.4313−0.049%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4315−0.009%$201K$89Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4315long leg$303K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.118%$35K$647K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4314−0.022%$34K$697K5xas long as short
SunX LDO-USDT+0.0100%8h0.4411+2.226%$2K$1.5M20xas long as short
BloFin LDO-USDT+0.0104%8h0.4311−0.091%$793K$228K75xas long as short
Extended LDO-USD+0.0104%1h0.4313−0.037%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4313−0.045%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4314−0.033%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4310−0.112%$301K15xas long as short