Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Hyperliquid against Polymarket Perps+0.081%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.081%, 7d avg +0.071%
=Together, before fees+0.216%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LDO-USD | 0.4346 | 0.0100 | pay 0.0013% / 1h | 10m 57s | $26K | $716K | 5x |
| Short | Hyperliquid LDO | 0.4349 | 0.0100 | get 0.0013% / 1h | 10m 57s | $12.1M | $3.4M | 5x |
Polymarket Perps LDO-USD
Hyperliquid LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.081% → +0.071%
- $0.91
- Slippage, 4 orders
- −$19.12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$35.21
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 16 min ago; Hyperliquid: live order book, 16 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, 16 min ago | 2.87 bp | 7.0 bp −$7 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 16 min ago | 1.03 bp | 10.9 bp −$11 | doesn't fit | 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 | −0.0904% | 1h | 0.4337 | −0.200% | $117K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0489% | 1h | 0.4348 | +0.043% | $1.2M | $518K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4346 | +0.008% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4345 | −0.016% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.742% | $4K | $111 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4343 | −0.070% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDOshort | +0.0100% | 1h | 0.4349 | +0.081% | $12.1M | $3.4M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4346 | +0.003% | $171K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4347 | +0.030% | $112K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4345 | −0.016% | $18.1M | $38.3M | 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
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 | 0.4342 | −0.085% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4342 | −0.085% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4345 | −0.016% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4344 | −0.039% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4346 | +0.007% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4342 | −0.085% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4342 | −0.085% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4345 | −0.014% | $87K | $189K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4352 | +0.135% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4347 | +0.037% | $304K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4350 | +0.099% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4346 | long leg | $26K | $716K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4446 | +2.308% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4341 | −0.116% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4343 | −0.070% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4343 | −0.062% | $799K | $230K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4344 | −0.045% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0331% | 1h | 0.4341 | −0.109% | $303K | — | 15x | as long as short |
| Lighter LDO | +0.0344% | 1h | 0.4351 | +0.131% | $882K | $266K | 10x | 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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO