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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against MEXC+0.095%67s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.095%, 7d avg +0.008%
Together, before fees+0.003%+ Points / potential airdropGRVT: Active · farm board$0 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: GRVT is 0.087% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LDO_USDT0.42060.0100pay 0.0100% / 8h0m 20s$6.7M$5.5M200x
ShortGRVT LDO_USDT_Perp0.42100.0100get 0.0100% / 8h0m 20s$298K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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: +0.095% → +0.008%
$8.68
Slippage, 4 orders
−$32.19
Fee MEXC: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$32.51
Costs to cover
0.412%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; GRVT: 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 MEXC live order book, 2 min ago1.19 bp3.5 bp −$310.2 bp −$10287.2 bp −$8,720154.9 bp −$77.5K
Sell GRVT live order book, 3 min ago1.19 bp14.5 bp −$1450.5 bp −$505doesn'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
Coinbase International LDO-PERP-INTX−0.0920%1h0.4198−0.190%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4208+0.055%$81K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.282%$4K$1112xas long as short
BloFin LDO-USDT+0.0088%8h0.4207+0.024%$884K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4204−0.055%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4211+0.121%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4209+0.072%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4206+0.007%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.42060.000%$17.6M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4204−0.048%$16.1M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4205−0.024%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4208+0.048%$1.5M$1.2M50xas long as short
MEXC LDO_USDTlong+0.0100%8h0.4206long leg$6.7M$5.5M200x
KuCoin LDOUSDTM+0.0100%8h0.4207+0.024%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4205−0.024%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.42060.000%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4208+0.043%$91K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4202−0.097%$200K$66Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4210+0.095%$298K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.4210+0.095%$31K$634K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4208+0.036%$24K$375K5xas long as short
SunX LDO-USDT+0.0100%8h0.4306+2.378%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4203−0.060%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4207+0.034%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4204−0.041%$1.1M$728K50xas long as short
Deribit LDO_USDC-PERPETUAL+0.0226%1h0.4208+0.048%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4207+0.018%$23K100xas long as short
Reya LDORUSDPERP+0.0346%1h0.4204−0.042%$293K15xas long as short
Lighter LDO+0.0384%1h0.4214+0.200%$849K$273K10xas long as short