Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h 0.000%
Price spread now: BloFin against Polymarket Perps−0.024%45s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$450.449% of the position
Funding, last 7 days+0.255%+$25 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.024%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.020% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.255%, so the current rate has only just turned against you. 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 | Polymarket Perps LDO-USD | 0.4214 | 0.0100 | pay 0.0013% / 1h | 12m 33s | $24K | $375K | 5x |
| Short | BloFin LDO-USDT | 0.4213 | 0.0077 | get 0.0077% / 8h | 12m 33s | $883K | $257K | 75x |
Polymarket Perps LDO-USD
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.86
- Price spread: −0.024% → −0.003%
- −$2.05
- Slippage, 4 orders
- −$24.86
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.77
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 25 min ago; BloFin: live order book, 60 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 Polymarket Perps live order book, 25 min ago | 4.77 bp | 8.8 bp −$9 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 2.37 bp | 10.5 bp −$10 | 14.3 bp −$143 | 53.8 bp −$5,384 | 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 | −0.0920% | 1h | 0.4186 | −0.664% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4210 | −0.091% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4215 | +0.024% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.468% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0077% | 8h | 0.4213 | −0.024% | $883K | $257K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4208 | −0.135% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4216 | +0.050% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4213 | −0.025% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4212 | −0.037% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4212 | −0.038% | $17.7M | $31.0M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4208 | −0.142% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4209 | −0.119% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4212 | −0.047% | $1.4M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4212 | −0.047% | $6.5M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4213 | −0.024% | $2.6M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4210 | −0.095% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4212 | −0.047% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4211 | −0.081% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4202 | −0.288% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4206 | −0.199% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | −0.095% | $31K | $632K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4214 | long leg | $24K | $375K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4312 | +2.326% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4208 | −0.149% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4214 | 0.000% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0225% | 1h | 0.4211 | −0.071% | $1.1M | $729K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4205 | −0.219% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4209 | −0.119% | $294K | — | 15x | as long as short |
| Lighter LDO | +0.0392% | 1h | 0.4220 | +0.140% | $851K | $272K | 10x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO