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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Polymarket Perps against OKX+0.127%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.304%−$30 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.127%, 7d avg +0.062%
Together, before fees−0.336%−$34 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 0.065% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LDO-USDT-SWAP0.43270.0100pay 0.0100% / 8h2h 33m$4.1M$9.2M50x
ShortPolymarket Perps LDO-USD0.43330.0100get 0.0013% / 1h33m 23s$34K$697K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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: +0.127% → +0.062%
$6.53
Slippage, 4 orders
−$29.68
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$41.15
Costs to cover
0.477%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Polymarket Perps: live order book, 54 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 OKX live order book, 5 min ago2.32 bp16.8 bp −$1750.7 bp −$507doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 54 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%1h0.4290−0.855%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4332+0.119%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL−0.0211%1h0.4332+0.116%$3K$10K25xas long as short
dYdX LDO-USD+0.0028%1h0.4322−0.119%$83K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.317%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4342+0.342%$880K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4331+0.084%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4333+0.127%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4330+0.059%$170K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4330+0.068%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4330+0.070%$18.1M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4329+0.046%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAPlong+0.0100%8h0.4327long leg$4.1M$9.2M50x
Gate LDO_USDT+0.0100%8h0.4328+0.023%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4329+0.046%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4328+0.023%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4326−0.023%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4329+0.046%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4329+0.039%$87K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4320−0.154%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4327−0.001%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320−0.162%$35K$647K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4333+0.127%$34K$697K5x
SunX LDO-USDT+0.0100%8h0.4431+2.404%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4327+0.006%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4330+0.079%$38K3xas long as short
BloFin LDO-USDT+0.0106%8h0.4328+0.023%$793K$228K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4333+0.128%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4328+0.026%$302K15xas long as short