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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against BingX+0.070%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.334%−$33 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.070%, 7d avg +0.045%
Together, before fees−0.253%−$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: Polymarket Perps is 0.026% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LDO-USDT0.42740.0100pay 0.0100% / 8h4h 53m$9.9M
ShortPolymarket Perps LDO-USD0.42770.0100get 0.0013% / 1h53m 15s$23K$516K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BingX. 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: +0.070% → +0.045%
$2.56
Slippage, 4 orders
−$26.72
Fee BingX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$42.16
Costs to cover
0.447%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Polymarket Perps: 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 BingX live order book, 15 min ago3.49 bp13.1 bp −$1327.2 bp −$272172.9 bp −$17.3K466.5 bp −$233.3K
Sell Polymarket Perps live order book, 4 min ago2.69 bp9.9 bp −$1010.2 bp −$102doesn'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%1h0.4288+0.328%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4272−0.041%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4278+0.094%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.837%$4K$1312xas long as short
BloFin LDO-USDT+0.0083%8h0.42740.000%$921K$253K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4272−0.040%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4277+0.073%$11.7M$3.2M5xas long as short
Aster LDOUSDT+0.0100%8h0.4278+0.103%$168K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4277+0.059%$110K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4277+0.062%$17.9M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4272−0.047%$16.1M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4273−0.023%$4.0M$6.9M50xas long as short
Gate LDO_USDT+0.0100%8h0.4276+0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4276+0.047%$7.7M$6.4M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4276+0.047%$2.7M$3.8M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4275+0.023%$3.3M$3.1M75xas long as short
BingX LDO-USDTlong+0.0100%8h0.4274long leg$9.9M
Backpack LDO_USDC_PERP+0.0100%1h0.4273−0.021%$93K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4283+0.206%$201K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4279+0.118%$301K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4270−0.094%$33K$641K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4277+0.070%$23K$516K5x
SunX LDO-USDT+0.0100%8h0.4378+2.433%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4273−0.021%$257K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4276+0.043%$38K3xas long as short
Lighter LDO+0.0128%1h0.4284+0.229%$870K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4275+0.034%$23K100xas long as short
Reya LDORUSDPERP+0.0340%1h0.4273−0.016%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0493%1h0.4279+0.127%$1.1M$683K50xas long as short