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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against GRVT−0.049%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 7 days+0.101%+$10 · spread now −0.049%, 7d avg −0.006%
Together, before fees−0.050%+ Points / potential airdropGRVT: Active · farm board−$5 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: KuCoin is 0.042% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.41200.0100pay 0.0100% / 8h5h 30m$297K$3.3M10x
ShortKuCoin LDOUSDTM0.41180.0100get 0.0100% / 8h5h 30m$2.5M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.049% → −0.006%
−$4.22
Slippage, 4 orders
−$90.73
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$115.95
Costs to cover
1.117%
Break-even
never at this rate
Slippage from GRVT: live order book, 6 min ago; KuCoin: live order book, 9 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, 6 min ago2.42 bp27.1 bp −$275524.8 bp −$55.2Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago1.21 bp29.7 bp −$30227.9 bp −$2,279doesn't fitdoesn't fit

LDO on 29 exchanges

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−0.0384%1h0.4091−0.704%$112K$47K50xas long as short
dYdX LDO-USD0.0000%1h0.4122+0.048%$79K$2K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4118−0.049%$7K$10K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−0.243%$4K$1012xas long as short
Backpack LDO_USDC_PERP+0.0081%1h0.4118−0.051%$84K$167K10xas long as short
Lighter LDO+0.0096%1h0.4126+0.153%$831K$245K10xas long as short
BloFin LDO-USDT+0.0100%8h0.4118−0.049%$873K$266K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4114−0.139%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4126+0.155%$11.3M$2.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4122+0.051%$162K$53K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4120−0.007%$104K$7K10xas long as short
Binance LDOUSDT+0.0100%8h0.4121+0.029%$17.3M$30.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4122+0.049%$15.9M$9.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.41200.000%$3.9M$5.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4122+0.049%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4117−0.073%$6.0M$5.1M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4118−0.049%$2.5M$2.9M50x
Bitget LDOUSDT+0.0100%8h0.4121+0.024%$3.1M$2.5M75xas long as short
BingX LDO-USDT+0.0100%8h0.4122+0.049%$10.0Mas long as short
Variational Omni LDO+0.0100%8h0.4130+0.254%$197K$51Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4120long leg$297K$3.3M10x
ApeX Omni LDOUSDT+0.0100%1h0.4130+0.243%$20K$636K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4117−0.073%$24K$309K5xas long as short
SunX LDO-USDT+0.0100%8h0.4217+2.354%$1K$1.1M20xas long as short
Extended LDO-USD+0.0104%1h0.4116−0.099%$250K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4118−0.036%$36K3xas long as short
Reya LDORUSDPERP+0.0349%1h0.4118−0.041%$287K15xas long as short
Kraken Futures PF_LDOUSD+0.0367%1h0.4121+0.017%$1.0M$728K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0383% / S −0.0308%1h0.4118−0.036%$29K100xas long as short