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: Gate against Polymarket Perps−0.053%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now −0.053%, 7d avg −0.038%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.43550.0100pay 0.0013% / 1h15m 51s$22K$739K5x
ShortGate LDO_USDT0.43530.0100get 0.0100% / 8h2h 15m$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.053% → −0.038%
−$1.43
Slippage, 4 orders
−$46.71
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.14
Costs to cover
0.697%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago2.06 bp6.2 bp −$67.8 bp −$78doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.74 bp25.7 bp −$26158.2 bp −$1,582doesn'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%1h0.4290−1.499%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0327%1h0.4356+0.022%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4354−0.030%$3K$10K25xas long as short
dYdX LDO-USD+0.0017%1h0.4359+0.082%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.959%$4K$1112xas long as short
BloFin LDO-USDT+0.0072%8h0.4354−0.030%$794K$230K75xas long as short
Lighter LDO+0.0096%1h0.4368+0.296%$886K$266K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4353−0.051%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4356+0.021%$12.1M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4354−0.034%$171K$144K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica LDO+0.0100%1h0.4355−0.007%$112K$182K10xas long as short
Binance LDOUSDT+0.0100%8h0.4353−0.046%$18.1M$38.0M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4351−0.099%$16.9M$12.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4352−0.076%$4.1M$9.2M50xas long as short
Gate LDO_USDTshort+0.0100%8h0.4353−0.053%$1.4M$1.1M50x
MEXC LDO_USDT+0.0100%8h0.4352−0.076%$8.7M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4353−0.053%$2.8M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4353−0.053%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4352−0.076%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4353−0.051%$86K$186K10xas long as short
Variational Omni LDO+0.0100%8h0.4359+0.091%$204K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4353−0.062%$309K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4360+0.108%$35K$648K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4355long leg$22K$739K5x
SunX LDO-USDT+0.0100%8h0.4454+2.266%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4350−0.128%$262K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4352−0.065%$39K3xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4354−0.036%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4350−0.120%$303K15xas long as short