Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against BloFin−0.167%45s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.167%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.170% cheaper against BloFin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4239 | 0.0108 | pay 0.0108% / 8h | 1h 46m | $894K | $259K | 75x |
| Short | Polymarket Perps LDO-USD | 0.4232 | 0.0100 | get 0.0013% / 1h | 46m 32s | $22K | $375K | 5x |
BloFin LDO-USDT
Polymarket Perps LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$1.75
- Price spread: −0.167% → +0.003%
- −$17
- Slippage, 4 orders
- −$23.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$62.37
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; Polymarket Perps: live order book, 61 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 BloFin live order book, 31 min ago | 3.55 bp | 12.5 bp −$12 | 21.0 bp −$210 | 70.4 bp −$7,037 | doesn't fit |
| Sell Polymarket Perps live order book, 61 min ago | 3.67 bp | 7.7 bp −$8 | 8.1 bp −$81 | 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 | −0.0648% | 1h | 0.4218 | −0.495% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4235 | −0.091% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4235 | −0.094% | $7K | $20K | 25x | as long as short |
| Backpack LDO_USDC_PERP | +0.0014% | 1h | 0.4233 | −0.151% | $89K | $181K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.043% | $4K | $11 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4240 | +0.021% | $854K | $269K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4230 | −0.212% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4233 | −0.149% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4234 | −0.129% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4233 | −0.142% | $107K | $28K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Backpack LDO_USDC_PERP
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4231 | −0.196% | $17.7M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4227 | −0.283% | $16.0M | $10.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4227 | −0.283% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4232 | −0.165% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4233 | −0.142% | $6.9M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4232 | −0.165% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4228 | −0.259% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4233 | −0.142% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4239 | −0.005% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4242 | +0.080% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.259% | $32K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4232 | −0.167% | $22K | $375K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4333 | +2.218% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4229 | −0.245% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4234 | −0.126% | $37K | — | 3x | as long as short |
| BloFin LDO-USDTlong | +0.0108% | 8h | 0.4239 | long leg | $894K | $259K | 75x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4237 | −0.055% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4227 | −0.286% | $295K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0379% | 1h | 0.4236 | −0.061% | $1.1M | $656K | 50x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD