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: GRVT against OKX−0.165%71s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.808% 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+0.271%+$27 · spread now −0.165%, 7d avg +0.056%
Together, before fees+0.250%+ Points / potential airdropGRVT: Active · farm board+$25 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 0.221% cheaper against OKX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.056%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43060.0100pay 0.0100% / 8h4m 19s$4.1M$9.1M50x
ShortGRVT LDO_USDT_Perp0.42990.0100get 0.0100% / 8h4m 19s$306K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against OKX. 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: −0.165% → +0.056%
−$22.09
Slippage, 4 orders
−$61.82
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$102.91
Costs to cover
0.808%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; GRVT: live order book, 5 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 OKX live order book, 4 min ago1.16 bp18.1 bp −$1865.4 bp −$654doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago1.16 bp27.4 bp −$2755.7 bp −$557doesn'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%1h0.4110−4.552%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4312+0.139%$117K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4300−0.139%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4306+0.007%$1.1M$527K50xas long as short
BloFin LDO-USDT+0.0093%8h0.4300−0.139%$786K$219K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4304−0.054%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4313+0.165%$12.1M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4313+0.162%$170K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4307+0.029%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4309+0.070%$18.1M$38.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.43060.000%$16.3M$12.5M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4306long leg$4.1M$9.1M50x
Gate LDO_USDT+0.0100%8h0.43060.000%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4309+0.070%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4310+0.093%$2.8M$4.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4307+0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4307+0.023%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4304−0.058%$86K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4296−0.234%$201K$82Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4299−0.165%$306K$3.5M10x
ApeX Omni LDOUSDT+0.0100%1h0.4300−0.139%$34K$646K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4311+0.128%$23K$736K5xas long as short
SunX LDO-USDT+0.0100%8h0.4403+2.253%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4306+0.010%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4309+0.081%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4301−0.116%$23K100xas long as short
Lighter LDO+0.0320%1h0.4315+0.221%$876K$269K10xas long as short
Reya LDORUSDPERP+0.0335%1h0.4305−0.019%$300K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0447%1h0.43060.000%$3K$10K25xas long as short