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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against Extended+0.129%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.129%, 7d avg +0.104%
Together, before fees−0.229%+ Points / potential airdropExtended: Active · farm board−$23 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 0.025% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LDO-USD0.43190.0104pay 0.0013% / 1h36m 30s$259K$1.0M25x
ShortPolymarket Perps LDO-USD0.43250.0100get 0.0013% / 1h36m 30s$34K$697K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
−$0.84
Price spread: +0.129% → +0.104%
$2.47
Slippage, 4 orders
−$39.25
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$50.62
Costs to cover
0.522%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 51 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 Extended live order book, 2 min ago5.80 bp17.7 bp −$1879.0 bp −$790doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 51 min ago2.87 bp9.8 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−0.0688%1h0.4290−0.673%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0329%1h0.4325+0.139%$1.1M$557K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0212%1h0.4323+0.092%$3K$10K25xas long as short
dYdX LDO-USD0.0000%1h0.4322+0.065%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.136%$4K$1112xas long as short
BloFin LDO-USDT+0.0073%8h0.4325+0.138%$795K$228K75xas long as short
Lighter LDO+0.0096%1h0.4336+0.397%$879K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4321+0.050%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4325+0.129%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4325+0.131%$170K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4322+0.072%$111K$182K10xas long as short
Binance LDOUSDT+0.0100%8h0.4322+0.071%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4321+0.045%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4318−0.024%$4.1M$9.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4319−0.001%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4321+0.045%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4323+0.092%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4320+0.022%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4318−0.024%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4324+0.122%$89K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4315−0.105%$201K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4315−0.095%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.022%$35K$647K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4325+0.129%$34K$697K5x
SunX LDO-USDT+0.0100%8h0.4422+2.384%$2K$1.5M20xas long as short
Extended LDO-USDlong+0.0104%1h0.4319long leg$259K$1.0M25x
Aevo LDO-PERP+0.0104%1h0.4323+0.095%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4324+0.111%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4320+0.014%$301K15xas long as short