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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against KuCoin−0.028%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.028%, 7d avg +0.016%
Together, before fees+0.155%+$15 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: Polymarket Perps is 0.044% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LDOUSDTM0.42790.0100pay 0.0100% / 8h6h 17m$2.7M$4.1M50x
ShortPolymarket Perps LDO-USD0.42780.0100get 0.0013% / 1h17m 13s$23K$717K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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: −0.028% → +0.016%
−$4.42
Slippage, 4 orders
−$71.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$95.65
Costs to cover
0.912%
Break-even
never at this rate
Slippage from KuCoin: live order book, just now; Polymarket Perps: live order book, 51 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 KuCoin live order book, just now1.17 bp41.4 bp −$41815.1 bp −$8,151doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 51 min ago3.57 bp10.3 bp −$1010.6 bp −$106doesn't fitdoesn't fit

LDO on 28 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−0.0416%1h0.4286+0.164%$119K$44K50xas long as short
dYdX LDO-USD0.0000%1h0.4290+0.260%$83K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4277−0.047%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−3.950%$4K$1312xas long as short
Paradex LDO-USD-PERP+0.0099%8h0.4278−0.030%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4278−0.026%$11.7M$3.7M5xas long as short
Aster LDOUSDT+0.0100%8h0.4283+0.088%$168K$134K10xas long as short
Pacifica LDO+0.0100%1h0.4282+0.068%$110K$159K10xas long as short
Binance LDOUSDT+0.0100%8h0.4277−0.040%$17.9M$33.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4274−0.117%$16.1M$10.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4274−0.117%$4.0M$7.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4281+0.047%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4276−0.070%$7.7M$7.2M200xas long as short
KuCoin LDOUSDTMlong+0.0100%8h0.4279long leg$2.7M$4.1M50x
Bitget LDOUSDT+0.0100%8h0.4278−0.023%$3.3M$3.3M75xas long as short
BingX LDO-USDT+0.0100%8h0.4277−0.047%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4282+0.063%$88K$156K10xas long as short
Variational Omni LDO+0.0100%8h0.4289+0.227%$202K$70Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4287+0.187%$307K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4290+0.257%$33K$641K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4278−0.028%$23K$717K5x
SunX LDO-USDT+0.0100%8h0.4379+2.337%$1K$1.3M20xas long as short
Extended LDO-USD+0.0104%1h0.4273−0.131%$260K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4277−0.046%$38K3xas long as short
Lighter LDO+0.0272%1h0.4287+0.196%$871K$268K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4275−0.086%$23K100xas long as short
Reya LDORUSDPERP+0.0338%1h0.4273−0.140%$298K15xas long as short
Kraken Futures PF_LDOUSD+0.0562%1h0.4282+0.069%$1.2M$778K50xas long as short