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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0121%/8h= −13.2% APRnext payment $0.15 per $10,000 · paid last 24h +0.044%
Price spread now: Polymarket Perps against Deribit+0.101%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Polymarket Perps is 0.101% dearer against Deribit than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LDO_USDC-PERPETUAL0.42500.0221pay 0.0028% / 1h23m 40s$7K$20K25x
ShortPolymarket Perps LDO-USD0.42540.0100get 0.0013% / 1h23m 40s$21K$246K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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
−$25.37
Price spread: +0.101% → 0.000%
$10.12
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$30.25
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Polymarket Perps live order book, 29 min ago3.38 bp8.5 bp −$98.7 bp −$87doesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0352%1h0.4253+0.071%$118K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4247−0.065%$82K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.294%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4245−0.129%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4250+0.005%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4251+0.031%$167K$93K10xas long as short
Pacifica LDO+0.0100%1h0.4248−0.045%$109K$26K10xas long as short
Binance LDOUSDT+0.0100%8h0.4249−0.024%$17.9M$30.5M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4246−0.094%$16.0M$9.9M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4246−0.094%$4.0M$6.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LDO_USDT+0.0100%8h0.4244−0.141%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4247−0.071%$7.6M$6.3M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.42500.000%$2.7M$3.6M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4247−0.071%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4246−0.094%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4249−0.026%$90K$176K10xas long as short
Variational Omni LDO+0.0100%8h0.4256+0.134%$200K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4265+0.353%$305K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260+0.235%$32K$641K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4254+0.101%$21K$246K5x
SunX LDO-USDT+0.0100%8h0.4347+2.282%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4244−0.139%$255K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4250−0.008%$38K3xas long as short
BloFin LDO-USDT+0.0129%8h0.4258+0.188%$906K$252K75xas long as short
Deribit LDO_USDC-PERPETUALlong+0.0221%1h0.4250long leg$7K$20K25x
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4249−0.031%$23K100xas long as short
Reya LDORUSDPERP+0.0342%1h0.4249−0.035%$296K15xas long as short
Kraken Futures PF_LDOUSD+0.0396%1h0.4253+0.075%$1.1M$654K50xas long as short
Lighter LDO+0.0464%1h0.4257+0.167%$872K$250K10xas long as short