Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against BloFin+0.066%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.066%, 7d avg −0.003%
=The price spread pays, funding is against you. Polymarket Perps is 0.068% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.003%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 7 days (−0.265% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4256 | 0.0124 | pay 0.0124% / 8h | 4h 48m | $915K | $252K | 75x |
| Short | Polymarket Perps LDO-USD | 0.4259 | 0.0100 | get 0.0013% / 1h | 48m 37s | $22K | $516K | 5x |
BloFin LDO-USDT
Polymarket Perps LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$5.06
- Price spread: +0.066% → −0.003%
- $6.83
- Slippage, 4 orders
- −$25.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$44.21
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; Polymarket Perps: live order book, 9 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 BloFin live order book, 50 min ago | 1.17 bp | 14.0 bp −$14 | 22.3 bp −$223 | 87.3 bp −$8,734 | doesn't fit |
| Sell Polymarket Perps live order book, 9 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 | 0.4261 | +0.117% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4260 | +0.094% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4256 | 0.000% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.430% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4267 | +0.261% | $867K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4256 | +0.010% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4260 | +0.099% | $11.6M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4262 | +0.146% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4261 | +0.117% | $109K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4260 | +0.101% | $17.9M | $31.1M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4255 | −0.023% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4257 | +0.023% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4262 | +0.141% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4258 | +0.047% | $7.6M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4262 | +0.141% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4258 | +0.047% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4258 | +0.047% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4256 | +0.009% | $92K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4260 | +0.100% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | +0.463% | $300K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.329% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4259 | +0.066% | $22K | $516K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4359 | +2.420% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4257 | +0.032% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4255 | −0.026% | $38K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0124% | 8h | 0.4256 | long leg | $915K | $252K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4257 | +0.017% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4254 | −0.039% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0495% | 1h | 0.4259 | +0.080% | $1.1M | $683K | 50x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD