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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against GRVT+0.835%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days−0.980%−$98 · spread now +0.835%, 7d avg −0.046%
Together, before fees−1.017%+ Points / potential airdropGRVT: Active · farm board−$102 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: Gate is 0.881% dearer against GRVT than usual: you sell high and buy low, +$88 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.42520.0100pay 0.0100% / 8h4h 31m$301K$3.4M10x
ShortGate LDO_USDT0.42870.0100get 0.0100% / 8h4h 31m$1.5M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.835% → −0.046%
$88.07
Slippage, 4 orders
−$83.86
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$19.78
Costs to cover
1.079%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Gate: 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, 2 min ago3.52 bp34.7 bp −$35919.9 bp −$9,199doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.51 bp28.5 bp −$29145.4 bp −$1,454doesn'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%1h0.4240−0.271%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4280+0.676%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4275+0.553%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.328%$4K$1312xas long as short
BloFin LDO-USDT+0.0082%8h0.4266+0.341%$908K$252K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4284+0.772%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4288+0.849%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4284+0.763%$168K$120K10xas long as short
Pacifica LDO+0.0100%1h0.4285+0.789%$110K$46K10xas long as short
Binance LDOUSDT+0.0100%8h0.4286+0.811%$18.0M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4283+0.741%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4282+0.717%$4.0M$6.9M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4287+0.835%$1.5M$1.0M50x
MEXC LDO_USDT+0.0100%8h0.4285+0.788%$7.7M$6.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4286+0.811%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4283+0.741%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4282+0.717%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4277+0.600%$91K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4242−0.229%$199K$60Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4252long leg$301K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.200%$32K$639K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4286+0.823%$23K$516K5xas long as short
SunX LDO-USDT+0.0100%8h0.4378+2.975%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4282+0.714%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4274+0.535%$38K3xas long as short
Lighter LDO+0.0184%1h0.4292+0.957%$872K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4285+0.783%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4282+0.725%$299K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4278+0.615%$1.1M$684K50xas long as short