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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against Bitget+0.062%7-day average +0.060% · 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−$45as in the Price arb table
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.332%−$33 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.062%, 7d avg +0.060%
Together, before fees−0.340%−$34 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LDOUSDT0.41970.0100pay 0.0100% / 8h2h 39m$3.2M$3.2M75x
ShortPolymarket Perps LDO-USD0.42000.0100get 0.0013% / 1h39m 27s$26K$368K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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: +0.062% → +0.060%
$0.22
Slippage, 4 orders
−$25.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$44.87
Costs to cover
0.451%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Polymarket Perps: live order book, 8 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 Bitget live order book, 3 min ago2.38 bp14.4 bp −$1439.6 bp −$396doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 8 min ago3.67 bp7.7 bp −$88.1 bp −$81doesn'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−0.0464%1h0.4189−0.191%$116K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4203+0.152%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4207+0.238%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.073%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4198+0.020%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4203+0.141%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4202+0.111%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4204+0.163%$107K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4200+0.070%$17.7M$31.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.41970.000%$15.9M$10.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.41970.000%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4196−0.024%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4200+0.071%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4203+0.143%$2.7M$3.5M50xas long as short
Bitget LDOUSDTlong+0.0100%8h0.4197long leg$3.2M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4198+0.024%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4205+0.195%$89K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4211+0.330%$198K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4212+0.367%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4220+0.548%$32K$638K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4200+0.062%$26K$368K5x
SunX LDO-USDT+0.0100%8h0.4302+2.502%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4196−0.014%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4206+0.212%$37K3xas long as short
BloFin LDO-USDT+0.0124%8h0.4211+0.334%$896K$256K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205+0.185%$23K100xas long as short
Lighter LDO+0.0336%1h0.4212+0.357%$849K$265K10xas long as short
Reya LDORUSDPERP+0.0343%1h0.4198+0.034%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0600%1h0.4210+0.306%$1.1M$658K50xas long as short