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: OKX against GRVT+0.117%61s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.747% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days−0.213%−$21 · spread now +0.117%, 7d avg −0.055%
Together, before fees−0.193%+ Points / potential airdropGRVT: Active · farm board−$19 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: OKX is 0.172% dearer against GRVT than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.43600.0100pay 0.0100% / 8h54m 37s$310K$3.4M10x
ShortOKX LDO-USDT-SWAP0.43650.0100get 0.0100% / 8h54m 37s$4.1M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.117% → −0.055%
$17.23
Slippage, 4 orders
−$55.75
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$57.52
Costs to cover
0.747%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; OKX: 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 ago2.29 bp22.8 bp −$2340.4 bp −$404doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.15 bp14.6 bp −$1548.2 bp −$482doesn'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%1h0.4110−5.731%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4369+0.209%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4367+0.172%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4372+0.278%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4373+0.299%$1.1M$528K50xas long as short
BloFin LDO-USDT+0.0090%8h0.4368+0.186%$791K$223K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4365+0.109%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4376+0.367%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4368+0.182%$172K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4369+0.209%$112K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4368+0.194%$18.2M$37.6M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4363+0.071%$16.6M$12.6M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4365+0.117%$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.4368+0.186%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4368+0.186%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4371+0.255%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4364+0.094%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4367+0.163%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4371+0.260%$88K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4353−0.160%$204K$83Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4360long leg$310K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4360+0.003%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4370+0.223%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4473+2.594%$2K$1.4M20xas long as short
Extended LDO-USD+0.0104%1h0.4363+0.064%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4371+0.255%$39K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4369+0.212%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4365+0.123%$304K15xas long as short
Lighter LDO+0.0504%1h0.4376+0.381%$887K$268K10xas long as short