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% APRpaid last 24h +0.020%
Price spread now: Pacifica against GRVT0.000%52s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.719% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now 0.000%, 7d avg −0.003%
Together, before fees−0.011%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LDO_USDT_Perp0.43590.0100pay 0.0100% / 8h58m 35s$307K$3.4M10x
ShortPacifica LDO0.43590.0100get 0.0013% / 1h58m 35s$112K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: 0.000% → −0.003%
$0.34
Slippage, 4 orders
−$54.94
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$71.61
Costs to cover
0.719%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; Pacifica: live order book, 19 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, 5 min ago1.15 bp14.0 bp −$1421.6 bp −$216doesn't fitdoesn't fit
Sell Pacifica live order book, 19 min ago9.23 bp15.4 bp −$15doesn't fitdoesn'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%1h0.4110−5.712%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4363+0.092%$118K$55K50xas long as short
dYdX LDO-USD0.0000%1h0.4361+0.052%$84K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4361+0.046%$3K$10K25xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4363+0.083%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4358−0.032%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4365+0.126%$12.2M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4360+0.030%$172K$149K10xas long as short
Pacifica LDOshort+0.0100%1h0.43590.000%$112K$178K10x
Binance LDOUSDT+0.0100%8h0.4359+0.010%$18.1M$37.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4354−0.115%$16.5M$12.8M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4353−0.138%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4356−0.069%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4358−0.023%$8.5M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4357−0.046%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4355−0.092%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4357−0.046%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4360+0.021%$86K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4352−0.163%$204K$83Kas long as short
GRVT LDO_USDT_Perplong+0.0100%8h0.4359long leg$307K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4360+0.023%$35K$649K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4360+0.025%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4463+2.386%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4354−0.106%$261K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4361+0.046%$39K3xas long as short
BloFin LDO-USDT+0.0119%8h0.4362+0.069%$790K$225K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4361+0.034%$24K100xas long as short
Reya LDORUSDPERP+0.0334%1h0.4355−0.082%$304K15xas long as short
Lighter LDO+0.0504%1h0.4368+0.206%$886K$268K10xas long as short