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
Funding, last 7 days+1.347%+$135 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LDO/USDC PERP | 0.4110 | −0.0851 | get 0.0106% / 1h | 43m 50s | $4K | $14 | 12x |
| Short | GRVT LDO_USDT_Perp | 0.4311 | 0.0100 | get 0.0100% / 8h | 1h 43m | $306K | $3.5M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 1.16 bp | 20.3 bp −$20 | 106.0 bp −$1,060 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERPlong | −0.0851% | 1h | 0.4110 | long leg | $4K | $14 | 12x | |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | +3.942% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4323 | +5.171% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4325 | +5.231% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4320 | +5.111% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4327 | +5.285% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4328 | +5.295% | $170K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4323 | +5.182% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4325 | +5.229% | $18.0M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4320 | +5.109% | $16.5M | $13.3M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4320 | +5.109% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4322 | +5.158% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4323 | +5.182% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4323 | +5.182% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4320 | +5.109% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4322 | +5.158% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4324 | +5.207% | $86K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4311 | +4.893% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perpshort | +0.0100% | 8h | 0.4311 | +4.890% | $306K | $3.5M | 10x | |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | +5.109% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4326 | +5.253% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4428 | +7.737% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4319 | +5.093% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4325 | +5.243% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0125% | 8h | 0.4326 | +5.255% | $790K | $229K | 75x | as long as short |
| Lighter LDO | +0.0152% | 1h | 0.4336 | +5.501% | $880K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0297% | 1h | 0.4326 | +5.254% | $1.1M | $563K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4325 | +5.240% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4319 | +5.083% | $301K | — | 15x | as long as short |
Injective LDO/USDC PERP
GRVT LDO_USDT_Perp
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
BloFin LDO-USDT
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]