Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against GRVT+0.159%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.159%, 7d avg +0.045%
=Together, before fees−0.175%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.114% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LDO_USDT_Perp | 0.4332 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $306K | $3.5M | 10x |
| Short | BloFin LDO-USDT | 0.4339 | 0.0117 | get 0.0117% / 8h | 7h 13m | $789K | $216K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.64
- Price spread: +0.159% → +0.045%
- $11.39
- Slippage, 4 orders
- −$46.07
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.04
- Costs to cover
- 0.671%
- Break-even
- 106.9 days
Slippage from GRVT: live order book, 5 min ago; BloFin: live order book, 58 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 5 min ago | 2.32 bp | 23.2 bp −$23 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 1.17 bp | 9.5 bp −$9 | 16.3 bp −$163 | 56.2 bp −$5,621 | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0752% | 1h | 0.4333 | +0.021% | $118K | $53K | 50x | as long as short |
| dYdX LDO-USD | +0.0031% | 1h | 0.4336 | +0.097% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −5.127% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4333 | +0.014% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4345 | +0.289% | $12.0M | $4.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4343 | +0.245% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4336 | +0.091% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4340 | +0.182% | $18.2M | $37.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4335 | +0.067% | $16.4M | $12.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4336 | +0.090% | $4.1M | $9.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4338 | +0.136% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4339 | +0.159% | $8.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4339 | +0.159% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4337 | +0.113% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4338 | +0.136% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4341 | +0.217% | $89K | $149K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4335 | +0.063% | $204K | $82K | — | as long as short |
| GRVT LDO_USDT_Perplong | +0.0100% | 8h | 0.4332 | long leg | $306K | $3.5M | 10x | |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | −0.048% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4338 | +0.132% | $23K | $731K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4437 | +2.421% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4332 | −0.007% | $264K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4341 | +0.196% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0117% | 8h | 0.4339 | +0.159% | $789K | $216K | 75x | |
| Kraken Futures PF_LDOUSD | +0.0195% | 1h | 0.4345 | +0.290% | $1.1M | $526K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0211% | 1h | 0.4341 | +0.205% | $8K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4339 | +0.155% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4335 | +0.070% | $302K | — | 15x | as long as short |
| Lighter LDO | +0.0592% | 1h | 0.4351 | +0.446% | $883K | $267K | 10x | as long as short |
GRVT LDO_USDT_Perp
BloFin LDO-USDT
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Lighter LDO