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: Bitget against GRVT−0.182%63s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.622% 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+0.068%+$7 · spread now −0.182%, 7d avg −0.045%
Together, before fees+0.120%+ Points / potential airdropGRVT: Active · farm board+$12 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: Bitget is 0.137% cheaper against GRVT than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.43500.0100pay 0.0100% / 8h34m 33s$309K$3.4M10x
ShortBitget LDOUSDT0.43420.0100get 0.0100% / 8h34m 33s$3.4M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.182% → −0.045%
−$13.67
Slippage, 4 orders
−$41.2
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$75.87
Costs to cover
0.622%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; Bitget: 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 GRVT live order book, 4 min ago2.30 bp22.9 bp −$2378.7 bp −$787doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.15 bp14.9 bp −$1539.1 bp −$391doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−5.516%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4350+0.002%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4347−0.059%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4345−0.113%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4345−0.103%$1.1M$529K50xas long as short
BloFin LDO-USDT+0.0086%8h0.4344−0.136%$793K$220K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4343−0.151%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4349−0.026%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4347−0.078%$171K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4344−0.137%$112K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4344−0.136%$18.1M$37.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4339−0.251%$16.5M$12.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4338−0.274%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4345−0.113%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4345−0.113%$8.4M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4345−0.113%$2.8M$4.2M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4342−0.182%$3.4M$3.6M75x
BingX LDO-USDT+0.0100%8h0.4344−0.136%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4344−0.148%$88K$178K10xas long as short
Variational Omni LDO+0.0100%8h0.4342−0.182%$204K$83Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4350long leg$309K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4350+0.002%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4344−0.136%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4446+2.209%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4341−0.216%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4345−0.122%$38K3xas long as short
Lighter LDO+0.0216%1h0.4354+0.096%$883K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4346−0.096%$24K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4339−0.255%$303K15xas long as short