Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Polymarket Perps against Bybit−0.296%57s7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$410.411% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.296%, 7d avg +0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.378% cheaper against Bybit than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.082%. The two prices were read 57 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 | Bybit LDOUSDT | 0.4121 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $16.0M | $9.4M | 50x |
| Short | Polymarket Perps LDO-USD | 0.4109 | 0.0100 | get 0.0013% / 1h | 47m 32s | $20K | $328K | 5x |
Bybit LDOUSDT
Polymarket Perps LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- $0
- Price spread: −0.296% → +0.082%
- −$37.79
- Slippage, 4 orders
- −$22.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$78.91
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 29 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 Bybit live order book, 4 min ago | 1.22 bp | 12.4 bp −$12 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 29 min ago | 3.27 bp | 8.4 bp −$8 | 8.6 bp −$86 | doesn't fit | doesn't fit |
LDO on 29 exchanges
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 | −0.0952% | 1h | 0.4077 | −1.068% | $112K | $45K | 50x | as long as short |
| Injective LDO/USDC PERP | −0.0384% | 1h | 0.4120 | −0.024% | $4K | $9 | 12x | as long as short |
| ApeX Omni LDOUSDT | −0.0285% | 1h | 0.4100 | −0.510% | $20K | $636K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4119 | −0.056% | $79K | $2K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4116 | −0.121% | $7K | $10K | 25x | as long as short |
| BloFin LDO-USDT | +0.0079% | 8h | 0.4099 | −0.534% | $867K | $266K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4125 | +0.107% | $826K | $225K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4120 | −0.026% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4120 | −0.024% | $11.3M | $2.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4123 | +0.037% | $165K | $56K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
ApeX Omni LDOUSDT
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4120 | −0.031% | $104K | $7K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4121 | −0.006% | $17.2M | $30.5M | 75x | as long as short |
| Bybit LDOUSDTlong | +0.0100% | 8h | 0.4121 | long leg | $16.0M | $9.4M | 50x | |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4120 | −0.024% | $3.9M | $5.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4121 | 0.000% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4120 | −0.024% | $6.3M | $5.1M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4121 | 0.000% | $2.5M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4118 | −0.073% | $3.1M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4120 | −0.024% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4119 | −0.058% | $85K | $165K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4099 | −0.524% | $195K | $48K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4097 | −0.580% | $290K | $3.4M | 10x | as long as short |
| Polymarket Perps LDO-USDshort | +0.0100% | 1h | 0.4109 | −0.296% | $20K | $328K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4206 | +2.063% | $1K | $1.1M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4119 | −0.058% | $249K | $1.7M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4111 | −0.240% | $36K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0119% | 1h | 0.4118 | −0.083% | $1.0M | $725K | 50x | as long as short |
| Reya LDORUSDPERP | +0.0350% | 1h | 0.4106 | −0.370% | $286K | — | 15x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0382% / S −0.0308% | 1h | 0.4111 | −0.232% | $29K | — | 100x | as long as short |
Pacifica LDO
Binance 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
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
Reya LDORUSDPERP
GMX LDO/USD [ETH-USDC]