Funding you earn now, next payment 09:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.002%
Price spread now: BloFin against Polymarket Perps−0.071%45s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$430.427% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.071%, 7d avg −0.002%
=Funding pays, the price is against you. BloFin is 0.069% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.002%). If the spread goes back, that is −$7 on $10k: about 8.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.243% in total) that is about 47 hours. The two prices were read 45 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 | Polymarket Perps LDO-USD | 0.4232 | 0.0100 | pay 0.0013% / 1h | 22m 13s | $25K | $375K | 5x |
| Short | BloFin LDO-USDT | 0.4229 | 0.0128 | get 0.0128% / 8h | 7h 22m | $895K | $260K | 75x |
Polymarket Perps LDO-USD
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.85
- Price spread: −0.071% → −0.002%
- −$6.87
- Slippage, 4 orders
- −$22.69
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.71
- Costs to cover
- 0.427%
- Break-even
- 59.3 days
Slippage from Polymarket Perps: live order book, 75 min ago; BloFin: live order book, 45 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, 75 min ago | 4.77 bp | 8.8 bp −$9 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 1.19 bp | 15.7 bp −$16 | 19.4 bp −$194 | 52.1 bp −$5,208 | 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 | −0.0952% | 1h | 0.4225 | −0.165% | $116K | $41K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0367% | 1h | 0.4228 | −0.102% | $1.1M | $742K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4233 | +0.030% | $81K | $3K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4232 | 0.000% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.883% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4230 | −0.057% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4233 | +0.017% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4233 | +0.024% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4232 | 0.000% | $107K | $29K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4231 | −0.024% | $18.0M | $31.4M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4228 | −0.095% | $16.3M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4227 | −0.118% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4232 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4230 | −0.047% | $7.0M | $5.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4231 | −0.024% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4231 | −0.024% | $3.2M | $2.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4230 | −0.047% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4233 | +0.021% | $87K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4179 | −1.260% | $200K | $67K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4196 | −0.853% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4190 | −0.992% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4232 | long leg | $25K | $375K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4326 | +2.221% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4227 | −0.126% | $254K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4229 | −0.071% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0128% | 8h | 0.4229 | −0.071% | $895K | $260K | 75x | |
| Lighter LDO | +0.0200% | 1h | 0.4240 | +0.182% | $855K | $273K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4229 | −0.081% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0347% | 1h | 0.4227 | −0.115% | $295K | — | 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