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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0244%/8h= −26.8% APRnext payment $0.31 per $10,000 · paid last 24h −0.069%
Price spread now: Polymarket Perps against Reya+0.202%7-day average +0.079% · 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 3 days (all we have)−0.254%−$25 on $10k
Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.202%, 7d avg +0.079%
Together, before fees−0.484%+ Points / potential airdropReya: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.123% dearer against Reya than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.079%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42250.0344pay 0.0043% / 1h21m 09s$295K15x
ShortPolymarket Perps LDO-USD0.42340.0100get 0.0013% / 1h21m 09s$22K$376K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Reya. 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
−$51.32
Price spread: +0.202% → +0.079%
$12.28
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$53.03
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 21 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 Reya no order-book sample
Sell Polymarket Perps live order book, 21 min ago2.72 bp7.7 bp −$89.2 bp −$92doesn't fitdoesn't fit
Reya: 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−0.0648%1h0.4193−0.759%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4225−0.004%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4229+0.093%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.724%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4234+0.211%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4232+0.159%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4229+0.093%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4234+0.211%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4229+0.093%$17.7M$30.8M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4225−0.002%$16.0M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4227+0.046%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4227+0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4227+0.046%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4229+0.093%$2.7M$3.4M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4226+0.022%$3.3M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4228+0.069%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4228+0.067%$89K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4230+0.111%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4227+0.056%$299K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.117%$31K$636K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4234+0.202%$22K$376K5x
SunX LDO-USDT+0.0100%8h0.4328+2.436%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4225+0.004%$254K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4228+0.058%$37K3xas long as short
BloFin LDO-USDT+0.0113%8h0.4234+0.211%$887K$259K75xas long as short
Lighter LDO+0.0224%1h0.4236+0.249%$853K$272K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4226+0.029%$23K100xas long as short
Reya LDORUSDPERPlong+0.0344%1h0.4225long leg$295K15x
Kraken Futures PF_LDOUSD+0.0380%1h0.4231+0.131%$1.1M$712K50xas long as short