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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: MEXC against Polymarket Perps−0.130%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.237%+$24 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.130%, 7d avg −0.013%
Together, before fees+0.240%+$24 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: MEXC is 0.117% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.43160.0100pay 0.0013% / 1h14m 57s$23K$540K5x
ShortMEXC LDO_USDT0.43100.0100get 0.0100% / 8h5h 14m$7.8M$7.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.130% → −0.013%
−$11.71
Slippage, 4 orders
−$19.72
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$39.43
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 48 min ago; MEXC: 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, 48 min ago4.30 bp8.3 bp −$88.4 bp −$84doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.16 bp4.4 bp −$414.2 bp −$14295.9 bp −$9,589154.8 bp −$77.4K

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−0.0512%1h0.4304−0.269%$120K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4320+0.102%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.764%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4315−0.020%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4316+0.016%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4319+0.074%$170K$116K10xas long as short
Pacifica LDO+0.0100%1h0.4318+0.051%$111K$86K10xas long as short
Binance LDOUSDT+0.0100%8h0.4312−0.088%$18.1M$31.2M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4307−0.199%$16.2M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4306−0.222%$4.0M$7.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4317+0.032%$1.5M$1.0M50xas long as short
MEXC LDO_USDTshort+0.0100%8h0.4310−0.130%$7.8M$7.0M200x
KuCoin LDOUSDTM+0.0100%8h0.4316+0.009%$2.8M$3.9M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4311−0.107%$3.3M$3.2M75xas long as short
BingX LDO-USDT+0.0100%8h0.4314−0.037%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4312−0.079%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4317+0.036%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4323+0.171%$306K$3.3M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4320+0.102%$33K$640K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4316long leg$23K$540K5x
SunX LDO-USDT+0.0100%8h0.4414+2.280%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4306−0.214%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4315−0.024%$38K3xas long as short
BloFin LDO-USDT+0.0116%8h0.4316+0.009%$916K$255K75xas long as short
Deribit LDO_USDC-PERPETUAL+0.0214%1h0.4316+0.009%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4314−0.040%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4310−0.129%$301K15xas long as short
Lighter LDO+0.0440%1h0.4324+0.192%$878K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0572%1h0.4317+0.030%$1.2M$678K50xas long as short