Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Bybit against Polymarket Perps+0.040%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.040%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.124% dearer against Polymarket Perps than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LDO-USD | 0.4287 | 0.0100 | pay 0.0013% / 1h | 43m 12s | $23K | $686K | 5x |
| Short | Bybit LDOUSDT | 0.4289 | 0.0100 | get 0.0100% / 8h | 5h 43m | $16.1M | $10.5M | 50x |
Polymarket Perps LDO-USD
Bybit LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.040% → −0.085%
- $12.45
- Slippage, 4 orders
- −$26.43
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.98
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 20 min ago; Bybit: live order book, just now.
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, 20 min ago | 4.30 bp | 8.3 bp −$8 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.17 bp | 15.1 bp −$15 | 35.5 bp −$355 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0512% | 1h | 0.4259 | −0.660% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | −0.170% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.135% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4283 | −0.101% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | +0.105% | $11.7M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4288 | +0.020% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4285 | −0.044% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4291 | +0.086% | $18.0M | $32.0M | 75x | as long as short |
| Bybit LDOUSDTshort | +0.0100% | 8h | 0.4289 | +0.040% | $16.1M | $10.5M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4289 | +0.040% | $4.0M | $7.2M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4289 | +0.040% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4292 | +0.110% | $7.8M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4289 | +0.040% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | +0.040% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4289 | +0.040% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4290 | +0.075% | $90K | $142K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4268 | −0.456% | $200K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4268 | −0.447% | $303K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.170% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4287 | long leg | $23K | $686K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4391 | +2.419% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0103% | 8h | 0.4290 | +0.063% | $919K | $256K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4288 | +0.007% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4290 | +0.069% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0216% | 1h | 0.4291 | +0.086% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4289 | +0.037% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4286 | −0.029% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0392% | 1h | 0.4300 | +0.287% | $873K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0575% | 1h | 0.4294 | +0.154% | $1.2M | $711K | 50x | as long as short |
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
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD