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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against GRVT−0.380%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 7 days+0.232%+$23 · spread now −0.380%, 7d avg −0.096%
Together, before fees+0.168%+ Points / potential airdropGRVT: Active · Extended: Active · farm board+$17 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: Extended is 0.283% cheaper against GRVT than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.42120.0100pay 0.0100% / 8h2h 39m$300K$3.5M10x
ShortExtended LDO-USD0.41960.0104get 0.0013% / 1h39m 31s$253K$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.380% → −0.096%
−$28.31
Slippage, 4 orders
−$55.82
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$97.29
Costs to cover
0.698%
Break-even
817.8 days
Slippage from GRVT: live order book, 4 min ago; Extended: live order book, 4 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 ago1.19 bp25.4 bp −$251866.3 bp −$18.7Kdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago3.56 bp16.1 bp −$1676.4 bp −$764doesn'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−0.0464%1h0.4189−0.556%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4203−0.215%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4207−0.129%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.431%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4198−0.346%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4203−0.226%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4202−0.256%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4204−0.204%$107K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4200−0.296%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4197−0.366%$15.9M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4197−0.366%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4196−0.390%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4200−0.295%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4203−0.224%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4197−0.366%$3.2M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4198−0.342%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4205−0.171%$89K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4211−0.037%$198K$60Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4212long leg$300K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.4220+0.180%$32K$638K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4200−0.304%$26K$368K5xas long as short
SunX LDO-USDT+0.0100%8h0.4302+2.127%$1K$1.2M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4196−0.380%$253K$1.2M25x
Aevo LDO-PERP+0.0104%1h0.4206−0.155%$37K3xas long as short
BloFin LDO-USDT+0.0124%8h0.4211−0.034%$896K$256K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.181%$23K100xas long as short
Lighter LDO+0.0336%1h0.4212−0.010%$849K$265K10xas long as short
Reya LDORUSDPERP+0.0343%1h0.4198−0.332%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0600%1h0.4210−0.061%$1.1M$658K50xas long as short