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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Polymarket Perps against Gate+0.046%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.046%, 7d avg +0.039%
Together, before fees−0.232%−$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LDO_USDT0.43120.0100pay 0.0100% / 8h1h 51m$1.4M$1.1M50x
ShortPolymarket Perps LDO-USD0.43140.0100get 0.0013% / 1h51m 43s$23K$740K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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: +0.046% → +0.039%
$0.69
Slippage, 4 orders
−$45.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$67.48
Costs to cover
0.682%
Break-even
never at this rate
Slippage from Gate: live order book, just now; Polymarket Perps: live order book, 31 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 Gate live order book, just now9.28 bp27.5 bp −$27165.2 bp −$1,652doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 31 min ago2.06 bp8.7 bp −$99.1 bp −$91doesn'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
Injective LDO/USDC PERP−0.0851%1h0.4270−0.974%$4K$1312xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−0.928%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4307−0.126%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.43120.000%$3K$10K25xas long as short
BloFin LDO-USDT+0.0095%8h0.4309−0.070%$788K$228K75xas long as short
Lighter LDO+0.0096%1h0.4320+0.181%$877K$267K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4310−0.055%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4314+0.056%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4312−0.001%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4311−0.032%$111K$178K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4311−0.020%$17.9M$38.4M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4307−0.116%$16.4M$13.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4307−0.116%$4.1M$9.1M50xas long as short
Gate LDO_USDTlong+0.0100%8h0.4312long leg$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4310−0.046%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4310−0.046%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4308−0.093%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4307−0.116%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4311−0.023%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4306−0.136%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4317+0.116%$310K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.186%$35K$648K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4314+0.046%$23K$740K5x
SunX LDO-USDT+0.0100%8h0.4416+2.412%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4307−0.114%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4312−0.005%$38K3xas long as short
Kraken Futures PF_LDOUSD+0.0298%1h0.4314+0.047%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4310−0.041%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4309−0.064%$301K15xas long as short