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: OKX against Polymarket Perps−0.113%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.304%+$30 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.113%, 7d avg −0.062%
Together, before fees+0.322%+$32 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: OKX is 0.051% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.43360.0100pay 0.0013% / 1h30m 44s$34K$697K5x
ShortOKX LDO-USDT-SWAP0.43310.0100get 0.0100% / 8h2h 30m$4.1M$9.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.113% → −0.062%
−$5.12
Slippage, 4 orders
−$29.73
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$52.84
Costs to cover
0.477%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 57 min ago; OKX: 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, 57 min ago2.87 bp7.0 bp −$77.2 bp −$72doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.31 bp16.7 bp −$1749.7 bp −$497doesn'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%1h0.4290−1.059%$116K$54K50xas long as short
Kraken Futures PF_LDOUSD−0.0328%1h0.4335−0.013%$1.1M$556K50xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4335−0.021%$3K$10K25xas long as short
dYdX LDO-USD+0.0026%1h0.4335−0.026%$84K$17K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4270−1.520%$4K$1112xas long as short
Lighter LDO+0.0096%1h0.4346+0.244%$881K$264K10xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4333−0.078%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4336+0.007%$11.9M$3.5M5xas long as short
Aster LDOUSDT+0.0100%8h0.4335−0.013%$171K$144K10xas long as short
Pacifica LDO+0.0100%1h0.4336−0.006%$111K$182K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LDOUSDT+0.0100%8h0.4335−0.025%$18.1M$37.9M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4332−0.090%$16.8M$12.9M50xas long as short
OKX LDO-USDT-SWAPshort+0.0100%8h0.4331−0.113%$4.1M$9.2M50x
Gate LDO_USDT+0.0100%8h0.4333−0.067%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4333−0.067%$8.8M$7.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4335−0.021%$2.9M$4.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4331−0.113%$3.4M$3.7M75xas long as short
BingX LDO-USDT+0.0100%8h0.4334−0.044%$3.9Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4333−0.060%$87K$187K10xas long as short
Variational Omni LDO+0.0100%8h0.4320−0.359%$202K$89Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4327−0.206%$304K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4330−0.136%$35K$648K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4336long leg$34K$697K5x
SunX LDO-USDT+0.0100%8h0.4435+2.286%$2K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4331−0.107%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4334−0.055%$38K3xas long as short
BloFin LDO-USDT+0.0108%8h0.4333−0.067%$792K$229K75xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4334−0.034%$24K100xas long as short
Reya LDORUSDPERP+0.0332%1h0.4331−0.104%$302K15xas long as short