Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Binance against Polymarket Perps−0.084%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.084%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.081% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LDO-USD | 0.4334 | 0.0100 | pay 0.0013% / 1h | 51m 51s | $26K | $688K | 5x |
| Short | Binance LDOUSDT | 0.4331 | 0.0100 | get 0.0100% / 8h | 2h 51m | $18.0M | $38.0M | 75x |
Polymarket Perps LDO-USD
Binance LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. 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: −0.084% → −0.003%
- −$8.1
- Slippage, 4 orders
- −$22.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.28
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 36 min ago; Binance: live order book, 5 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 Polymarket Perps live order book, 36 min ago | 2.87 bp | 7.0 bp −$7 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.15 bp | 12.7 bp −$13 | 25.4 bp −$254 | 137.1 bp −$13.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0688% | 1h | 0.4325 | −0.212% | $117K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4336 | +0.034% | $1.1M | $555K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4334 | −0.005% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4334 | −0.005% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.481% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4339 | +0.111% | $795K | $229K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4329 | −0.123% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4332 | −0.042% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4334 | −0.003% | $170K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4332 | −0.043% | $111K | $182K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDTshort | +0.0100% | 8h | 0.4331 | −0.084% | $18.0M | $38.0M | 75x | |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4327 | −0.166% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4325 | −0.212% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4329 | −0.120% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4331 | −0.074% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4331 | −0.074% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4324 | −0.235% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4328 | −0.143% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4333 | −0.025% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4340 | +0.145% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.226% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.134% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4334 | long leg | $26K | $688K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4433 | +2.280% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4326 | −0.181% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4330 | −0.106% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4345 | +0.247% | $880K | $263K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4334 | +0.004% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4329 | −0.122% | $302K | — | 15x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC 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
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP