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% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against KuCoin+0.042%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.042%, 7d avg +0.015%
Together, before fees−0.079%−$8 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 0.026% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42960.0100pay 0.0100% / 8h5h 35m$2.7M$3.9M50x
ShortPolymarket Perps LDO-USD0.42980.0100get 0.0013% / 1h35m 26s$23K$686K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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: +0.042% → +0.015%
$2.65
Slippage, 4 orders
−$88.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$105.89
Costs to cover
1.085%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Polymarket Perps: live order book, 27 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 KuCoin live order book, 2 min ago1.17 bp45.8 bp −$46807.2 bp −$8,072doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 27 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%1h0.4259−0.861%$119K$43K50xas long as short
dYdX LDO-USD0.0000%1h0.4291−0.113%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4300+0.093%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.330%$4K$1312xas long as short
BloFin LDO-USDT+0.0098%8h0.4282−0.326%$912K$254K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4291−0.124%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4300+0.088%$11.7M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4295−0.025%$169K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4293−0.066%$110K$131K10xas long as short
Binance LDOUSDT+0.0100%8h0.4298+0.056%$18.0M$31.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4297+0.023%$16.1M$10.4M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.42960.000%$4.0M$7.2M50xas long as short
Gate LDO_USDT+0.0100%8h0.4298+0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4299+0.070%$7.8M$6.9M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4296long leg$2.7M$3.9M50x
Bitget LDOUSDT+0.0100%8h0.42960.000%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4299+0.070%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4296−0.009%$87K$144K10xas long as short
Variational Omni LDO+0.0100%8h0.4297+0.015%$202K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4288−0.192%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290−0.140%$33K$639K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4298+0.042%$23K$686K5x
SunX LDO-USDT+0.0100%8h0.4400+2.421%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4290−0.144%$258K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4300+0.097%$38K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4299+0.081%$23K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4296−0.005%$300K15xas long as short
Lighter LDO+0.0392%1h0.4299+0.081%$873K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0574%1h0.4304+0.181%$1.2M$697K50xas long as short