Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against BloFin+0.033%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.033%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.265%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4291 | 0.0083 | pay 0.0083% / 8h | 5h 07m | $918K | $254K | 75x |
| Short | Polymarket Perps LDO-USD | 0.4292 | 0.0100 | get 0.0013% / 1h | 7m 06s | $23K | $516K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- $3.57
- Price spread: +0.033% → −0.010%
- $4.3
- Slippage, 4 orders
- −$27.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$39.83
- Costs to cover
- 0.477%
- Break-even
- 85.1 days
Slippage from BloFin: live order book, 32 min ago; Polymarket Perps: live order book, 56 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 BloFin live order book, 32 min ago | 1.17 bp | 14.0 bp −$14 | 22.3 bp −$223 | 87.3 bp −$8,734 | doesn't fit |
| Sell Polymarket Perps live order book, 56 min ago | 4.30 bp | 10.3 bp −$10 | 10.7 bp −$107 | doesn't fit | 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 | −0.0512% | 1h | 0.4304 | +0.303% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | +0.210% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4294 | +0.070% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.218% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0083% | 8h | 0.4291 | long leg | $918K | $254K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4296 | +0.110% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | +0.030% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4295 | +0.089% | $169K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4298 | +0.157% | $110K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4292 | +0.028% | $18.0M | $31.1M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4288 | −0.070% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4288 | −0.070% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4294 | +0.070% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4292 | +0.023% | $7.8M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4293 | +0.047% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4293 | +0.047% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4291 | 0.000% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4289 | −0.044% | $93K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4301 | +0.225% | $202K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4298 | +0.163% | $304K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.210% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4292 | +0.033% | $23K | $516K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4396 | +2.447% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4287 | −0.091% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4292 | +0.016% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4294 | +0.058% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4288 | −0.064% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0392% | 1h | 0.4300 | +0.221% | $873K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0575% | 1h | 0.4294 | +0.077% | $1.2M | $685K | 50x | as long as short |
BloFin LDO-USDT
Polymarket Perps LDO-USD
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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
GMX LDO/USD [ETH-USDC]
Lighter LDO
Kraken Futures PF_LDOUSD