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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Polymarket Perps against Hyperliquid−0.113%7-day average −0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.336%−$34 on $10k
Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.113%, 7d avg −0.068%
Together, before fees−0.181%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LDO0.43210.0100pay 0.0013% / 1h19m 39s$11.8M$3.3M5x
ShortPolymarket Perps LDO-USD0.43170.0100get 0.0013% / 1h19m 39s$23K$552K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Hyperliquid. 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: −0.113% → −0.068%
−$4.58
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$21.58
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Polymarket Perps: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 3 min ago1.62 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 43 min ago4.30 bp10.3 bp −$1010.7 bp −$107doesn'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−0.0512%1h0.4304−0.405%$120K$42K50xas long as short
dYdX LDO-USD0.0000%1h0.4320−0.035%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.894%$4K$1312xas long as short
BloFin LDO-USDT+0.0073%8h0.4325+0.081%$924K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4320−0.029%$3K20xas long as short
Hyperliquid LDOlong+0.0100%1h0.4321long leg$11.8M$3.3M5x
Aster LDOUSDT+0.0100%8h0.4323+0.043%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4320−0.037%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4325+0.081%$18.2M$31.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4321−0.012%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4321−0.012%$4.0M$7.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4319−0.058%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4323+0.035%$7.9M$7.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4317−0.104%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4321−0.012%$3.4M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4318−0.081%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4315−0.150%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316−0.134%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.219%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.035%$33K$640K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4317−0.113%$23K$552K5x
SunX LDO-USDT+0.0100%8h0.4415+2.164%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4319−0.049%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4316−0.122%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4317−0.104%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4315−0.141%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4311−0.232%$301K15xas long as short
Lighter LDO+0.0456%1h0.4331+0.229%$880K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0572%1h0.4320−0.030%$1.2M$678K50xas long as short