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

LDO

all LDO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0951%/8h= +104.1% APRpaid last 24h +0.328%
Price spread now: GRVT against Injective+4.890%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.347%+$135 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and GRVT is 4.890% dearer against Injective than usual: you sell high and buy low: +$489 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LDO/USDC PERP0.4110−0.0851get 0.0106% / 1h43m 50s$4K$1412x
ShortGRVT LDO_USDT_Perp0.43110.0100get 0.0100% / 8h1h 43m$306K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Injective. 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
$199.68
Price spread: +4.890% → 0.000%
$488.96
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$679.61
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GRVT live order book, 5 min ago1.16 bp20.3 bp −$20106.0 bp −$1,060doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPlong−0.0851%1h0.4110long leg$4K$1412x
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272+3.942%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4323+5.171%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4325+5.231%$3K$10K25xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4320+5.111%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4327+5.285%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4328+5.295%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4323+5.182%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4325+5.229%$18.0M$38.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4320+5.109%$16.5M$13.3M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4320+5.109%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4322+5.158%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4323+5.182%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4323+5.182%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4320+5.109%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4322+5.158%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4324+5.207%$86K$182K10xas long as short
Variational Omni LDO+0.0100%8h0.4311+4.893%$201K$88Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4311+4.890%$306K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.4320+5.109%$35K$648K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4326+5.253%$23K$741K5xas long as short
SunX LDO-USDT+0.0100%8h0.4428+7.737%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4319+5.093%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4325+5.243%$38K3xas long as short
BloFin LDO-USDT+0.0125%8h0.4326+5.255%$790K$229K75xas long as short
Lighter LDO+0.0152%1h0.4336+5.501%$880K$267K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4326+5.254%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4325+5.240%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4319+5.083%$301K15xas long as short