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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Polymarket Perps+0.001%7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$520.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.226%+$23 on $10k
Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.001%, 7d avg −0.105%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 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: Extended is 0.106% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.105%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.41850.0100pay 0.0013% / 1h26m 46s$24K$375K5x
ShortExtended LDO-USD0.41860.0104get 0.0013% / 1h26m 46s$251K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.001% → −0.105%
$10.57
Slippage, 4 orders
−$39.45
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.04
Costs to cover
0.525%
Break-even
349.0 days
Slippage from Polymarket Perps: live order book, 70 min ago; Extended: live order book, 1 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, 70 min ago4.77 bp8.8 bp −$99.0 bp −$90doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago4.78 bp17.5 bp −$1797.3 bp −$973doesn'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−0.0952%1h0.4191+0.131%$115K$41K50xas long as short
Kraken Futures PF_LDOUSD−0.0371%1h0.4186+0.019%$1.1M$741K50xas long as short
dYdX LDO-USD0.0000%1h0.4189+0.091%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4186+0.012%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−1.804%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4186+0.006%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4188+0.062%$11.3M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4194+0.192%$165K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4189+0.075%$106K$29K10xas long as short
Binance LDOUSDT+0.0100%8h0.4186+0.022%$17.8M$31.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4182−0.084%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4184−0.036%$4.0M$6.5M50xas long as short
Gate LDO_USDT+0.0100%8h0.4186+0.012%$1.5M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4192+0.155%$7.1M$5.6M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4191+0.131%$2.6M$3.2M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4183−0.060%$3.2M$2.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4187+0.036%$10.2Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4186+0.014%$87K$179K10xas long as short
Variational Omni LDO+0.0100%8h0.4176−0.231%$200K$67Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4181−0.117%$293K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4180−0.131%$31K$635K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4185long leg$24K$375K5x
SunX LDO-USDT+0.0100%8h0.4284+2.353%$2K$1.2M20xas long as short
Extended LDO-USDshort+0.0104%1h0.4186+0.001%$251K$1.4M25x
Aevo LDO-PERP+0.0104%1h0.4185−0.017%$37K3xas long as short
BloFin LDO-USDT+0.0121%8h0.4189+0.084%$887K$258K75xas long as short
Lighter LDO+0.0208%1h0.4194+0.196%$845K$273K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0317% / S −0.0201%1h0.4186+0.002%$23K100xas long as short
Reya LDORUSDPERP+0.0347%1h0.4182−0.087%$292K15xas long as short