Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Polymarket Perps against MEXC+0.046%49s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.213% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.046%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.035% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LDO_USDT | 0.4339 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $8.6M | $7.6M | 200x |
| Short | Polymarket Perps LDO-USD | 0.4341 | 0.0100 | get 0.0013% / 1h | 36m 33s | $23K | $736K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against MEXC. 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
- $0
- Price spread: +0.046% → +0.011%
- $3.52
- Slippage, 4 orders
- −$13.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$17.83
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Polymarket Perps: live order book, 46 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 MEXC live order book, 1 min ago | 1.15 bp | 3.6 bp −$4 | 8.1 bp −$81 | 54.4 bp −$5,438 | 144.4 bp −$72.2K |
| Sell Polymarket Perps live order book, 46 min ago | 2.06 bp | 8.7 bp −$9 | 9.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −5.278% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.544% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4341 | +0.055% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4340 | +0.023% | $3K | $10K | 25x | as long as short |
| BloFin LDO-USDT | +0.0089% | 8h | 0.4341 | +0.046% | $786K | $226K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4336 | −0.074% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4344 | +0.104% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4342 | +0.067% | $171K | $152K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4338 | −0.018% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4335 | −0.086% | $18.1M | $38.4M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4334 | −0.115% | $16.5M | $13.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4333 | −0.138% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4338 | −0.023% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDTlong | +0.0100% | 8h | 0.4339 | long leg | $8.6M | $7.6M | 200x | |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4339 | 0.000% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4339 | 0.000% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4333 | −0.138% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4340 | +0.014% | $86K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4318 | −0.484% | $202K | $85K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4343 | +0.082% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.023% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4341 | +0.046% | $23K | $736K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4443 | +2.397% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4332 | −0.155% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4341 | +0.046% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0176% | 1h | 0.4347 | +0.189% | $882K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0295% | 1h | 0.4344 | +0.122% | $1.1M | $563K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4342 | +0.062% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4336 | −0.070% | $302K | — | 15x | as long as short |
MEXC LDO_USDT
Polymarket Perps LDO-USD
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate 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
Lighter LDO
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]