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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Bitget against Polymarket Perps+0.093%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.336%+$34 on $10k
Price spread, last 3 days (all we have)−0.147%−$15 · spread now +0.093%, 7d avg −0.059%
Together, before fees+0.188%+$19 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: Bitget is 0.153% dearer against Polymarket Perps than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.42950.0100pay 0.0013% / 1h10m 15s$23K$736K5x
ShortBitget LDOUSDT0.42990.0100get 0.0100% / 8h10m 15s$3.4M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 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: +0.093% → −0.059%
$15.26
Slippage, 4 orders
−$30.2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.93
Costs to cover
0.502%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Bitget: live order book, 3 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 Polymarket Perps live order book, 3 min ago2.80 bp6.9 bp −$77.4 bp −$74doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago3.50 bp15.5 bp −$1638.1 bp −$381doesn'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
Injective LDO/USDC PERP−0.5000%1h0.4110−4.307%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.1016%1h0.4263−0.745%$116K$52K50xas long as short
dYdX LDO-USD0.0000%1h0.4290−0.110%$83K$17K5xas long as short
Kraken Futures PF_LDOUSD+0.0026%1h0.4302+0.162%$1.1M$527K50xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4288−0.158%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4297+0.042%$12.0M$4.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4303+0.194%$169K$149K10xas long as short
Pacifica LDO+0.0100%1h0.4290−0.116%$110K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4299+0.090%$18.0M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4297+0.047%$16.3M$12.5M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4298+0.070%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4292−0.070%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.42950.000%$7.9M$7.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4292−0.070%$2.8M$4.2M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4299+0.093%$3.4M$3.6M75x
BingX LDO-USDT+0.0100%8h0.4297+0.047%$3.7Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4285−0.224%$85K$180K10xas long as short
Variational Omni LDO+0.0100%8h0.4282−0.305%$200K$82Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4295−0.005%$306K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4300+0.116%$34K$647K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4295long leg$23K$736K5x
SunX LDO-USDT+0.0100%8h0.4394+2.305%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4295−0.008%$257K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4302+0.160%$38K3xas long as short
BloFin LDO-USDT+0.0109%8h0.4285−0.233%$789K$218K75xas long as short
Lighter LDO+0.0280%1h0.4307+0.277%$874K$269K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4297+0.057%$23K100xas long as short
Reya LDORUSDPERP+0.0335%1h0.4290−0.107%$299K15xas long as short
Deribit LDO_USDC-PERPETUAL+0.0448%1h0.4300+0.116%$3K$10K25xas long as short