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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4274 | 0.0100 | pay 0.0100% / 8h | 4h 53m | — | $9.9M | — |
| Short | Polymarket Perps LDO-USD | 0.4277 | 0.0100 | get 0.0013% / 1h | 53m 15s | $23K | $516K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 15 min ago | 3.49 bp | 13.1 bp −$13 | 27.2 bp −$272 | 172.9 bp −$17.3K | 466.5 bp −$233.3K |
| Sell Polymarket Perps live order book, 4 min ago | 2.69 bp | 9.9 bp −$10 | 10.2 bp −$102 | doesn't fit | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4288 | +0.328% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | −0.041% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4278 | +0.094% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.837% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0083% | 8h | 0.4274 | 0.000% | $921K | $253K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4272 | −0.040% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4277 | +0.073% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4278 | +0.103% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4277 | +0.059% | $110K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4277 | +0.062% | $17.9M | $31.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4272 | −0.047% | $16.1M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4273 | −0.023% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4276 | +0.047% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4276 | +0.047% | $7.7M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4276 | +0.047% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4275 | +0.023% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4274 | long leg | — | $9.9M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4273 | −0.021% | $93K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4283 | +0.206% | $201K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4279 | +0.118% | $301K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.094% | $33K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4277 | +0.070% | $23K | $516K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4378 | +2.433% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4273 | −0.021% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4276 | +0.043% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0128% | 1h | 0.4284 | +0.229% | $870K | $265K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4275 | +0.034% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4273 | −0.016% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0493% | 1h | 0.4279 | +0.127% | $1.1M | $683K | 50x | as long as short |
BingX LDO-USDT
Polymarket Perps LDO-USD
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
SunX LDO-USDT
Extended LDO-USD
Lighter LDO
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD