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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Pacifica+0.462%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$830.829% 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)−0.237%−$24 · spread now +0.462%, 7d avg +0.002%
Together, before fees−0.289%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board−$29 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 0.459% dearer against Pacifica than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.42650.0100pay 0.0013% / 1h54m 50s$109K$178K10x
ShortGRVT LDO_USDT_Perp0.42850.0100get 0.0100% / 8h6h 54m$301K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Pacifica. 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: +0.462% → +0.002%
$45.92
Slippage, 4 orders
−$65.87
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$36.94
Costs to cover
0.829%
Break-even
never at this rate
Slippage from Pacifica: live order book, 13 min ago; GRVT: live order book, 4 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 Pacifica live order book, 13 min ago6.90 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago3.50 bp25.8 bp −$2666.5 bp −$665doesn'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−0.0416%1h0.4257−0.195%$118K$45K50xas long as short
dYdX LDO-USD0.0000%1h0.4264−0.035%$82K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4261−0.101%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.641%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4266+0.020%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4263−0.064%$11.8M$3.9M5xas long as short
Aster LDOUSDT+0.0100%8h0.4264−0.021%$168K$134K10xas long as short
Pacifica LDOlong+0.0100%1h0.4265long leg$109K$178K10x
Binance LDOUSDT+0.0100%8h0.4259−0.142%$17.9M$34.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4254−0.265%$16.1M$11.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4254−0.265%$4.0M$8.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4258−0.171%$1.4M$939K50xas long as short
MEXC LDO_USDT+0.0100%8h0.4259−0.148%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4259−0.148%$2.8M$4.1M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4254−0.265%$3.3M$3.4M75xas long as short
BingX LDO-USDT+0.0100%8h0.4257−0.195%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4261−0.096%$88K$153K10xas long as short
Variational Omni LDO+0.0100%8h0.4257−0.187%$200K$80Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4285+0.462%$301K$3.4M10x
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.579%$33K$645K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4262−0.078%$23K$717K5xas long as short
SunX LDO-USDT+0.0100%8h0.4359+2.197%$2K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4253−0.283%$255K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4260−0.127%$38K3xas long as short
BloFin LDO-USDT+0.0111%8h0.4262−0.078%$919K$207K75xas long as short
Lighter LDO+0.0168%1h0.4269+0.087%$866K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4260−0.134%$23K100xas long as short
Reya LDORUSDPERP+0.0337%1h0.4253−0.285%$297K15xas long as short
Kraken Futures PF_LDOUSD+0.0565%1h0.4263−0.046%$1.1M$506K50xas long as short