Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.422%
Price spread now: Injective against Polymarket Perps−3.981%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.152%−$115 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.981% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$398 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | 0.4280 | 0.0100 | pay 0.0013% / 1h | 44m 09s | $23K | $717K | 5x |
| Short | Injective LDO/USDC PERP | 0.4110 | 0.0033 | get 0.0004% / 1h | 44m 09s | $4K | $13 | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −3.981% → 0.000%
- −$398.09
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$420.11
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 24 min ago; Injective: no order-book sample. Net counts fees only.
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, 24 min ago | 3.57 bp | 7.6 bp −$8 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4290 | +0.224% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | −0.009% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERPshort | +0.0033% | 1h | 0.4110 | −3.981% | $4K | $13 | 12x | |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4274 | −0.154% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4288 | +0.180% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4281 | +0.020% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4281 | +0.008% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4287 | +0.154% | $17.9M | $34.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4282 | +0.037% | $16.2M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4282 | +0.037% | $4.0M | $8.0M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | +0.107% | $1.5M | $994K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4286 | +0.131% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4280 | −0.009% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4283 | +0.061% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4285 | +0.107% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4287 | +0.154% | $88K | $154K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4274 | −0.153% | $201K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | +0.296% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.009% | $33K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4280 | long leg | $23K | $717K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4386 | +2.467% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4282 | +0.035% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | +0.140% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0112% | 1h | 0.4295 | +0.346% | $872K | $267K | 10x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.458% | $918K | $241K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4286 | +0.131% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4279 | −0.032% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4273 | −0.164% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4290 | +0.216% | $1.2M | $793K | 50x | as long as short |
Polymarket Perps LDO-USD
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
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
Lighter LDO
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD