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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: GRVT against Polymarket Perps−0.447%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.302%+$30 on $10k
Price spread, last 4 days (all we have)+0.606%+$61 · spread now −0.447%, 7d avg −0.023%
Together, before fees+0.908%+ Points / potential airdropGRVT: Active · farm board+$91 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 0.424% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.42870.0100pay 0.0013% / 1h42m 37s$23K$686K5x
ShortGRVT LDO_USDT_Perp0.42680.0100get 0.0100% / 8h5h 42m$303K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Polymarket Perps. 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: −0.447% → −0.023%
−$42.44
Slippage, 4 orders
−$47.94
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$107.38
Costs to cover
0.649%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 20 min ago; GRVT: live order book, 1 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 Polymarket Perps live order book, 20 min ago4.30 bp8.3 bp −$88.4 bp −$84doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago1.17 bp20.8 bp −$2153.4 bp −$534doesn'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−0.0512%1h0.4259−0.660%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4287−0.003%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.135%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4286−0.019%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4292+0.103%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4293+0.133%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4291+0.082%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4289+0.050%$17.9M$32.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4286−0.030%$16.1M$10.5M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4287−0.007%$4.0M$7.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4288+0.016%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4289+0.040%$7.8M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4289+0.040%$2.7M$4.0M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4287−0.007%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4288+0.016%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4290+0.075%$90K$142K10xas long as short
Variational Omni LDO+0.0100%8h0.4268−0.456%$200K$68Kas long as short
GRVT LDO_USDT_Perpshort+0.0100%8h0.4268−0.447%$303K$3.3M10x
ApeX Omni LDOUSDT+0.0100%1h0.4280−0.170%$33K$639K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4287long leg$23K$686K5x
SunX LDO-USDT+0.0100%8h0.4391+2.419%$2K$1.2M20xas long as short
BloFin LDO-USDT+0.0103%8h0.4290+0.063%$919K$256K75xas long as short
Extended LDO-USD+0.0104%1h0.4286−0.022%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4290+0.069%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0216%1h0.4291+0.086%$7K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4289+0.037%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4286−0.029%$299K15xas long as short
Lighter LDO+0.0392%1h0.4299+0.278%$873K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0575%1h0.4294+0.154%$1.2M$711K50xas long as short