Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Binance against Polymarket Perps−0.129%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now −0.129%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.122% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LDO-USD | 0.4294 | 0.0100 | pay 0.0013% / 1h | 21m 09s | $23K | $717K | 5x |
| Short | Binance LDOUSDT | 0.4289 | 0.0100 | get 0.0100% / 8h | 6h 21m | $17.9M | $33.5M | 75x |
Polymarket Perps LDO-USD
Binance LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.129% → −0.007%
- −$12.17
- Slippage, 4 orders
- −$23.99
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.16
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 47 min ago; Binance: live order book, 5 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 Polymarket Perps live order book, 47 min ago | 3.57 bp | 7.6 bp −$8 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.32 bp | 11.0 bp −$11 | 23.6 bp −$236 | 121.6 bp −$12.2K | doesn't fit |
LDO on 28 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 | 0.4282 | −0.284% | $119K | $44K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4303 | +0.210% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4290 | −0.098% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.290% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4290 | −0.096% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4294 | +0.005% | $11.8M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4296 | +0.034% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4298 | +0.077% | $110K | $159K | 10x | as long as short |
| Binance LDOUSDTshort | +0.0100% | 8h | 0.4289 | −0.129% | $17.9M | $33.5M | 75x | |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4286 | −0.191% | $16.1M | $10.9M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Bybit LDOUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4286 | −0.191% | $4.0M | $7.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4296 | +0.042% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4287 | −0.168% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4294 | −0.005% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | −0.121% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4289 | −0.121% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4287 | −0.172% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4300 | +0.130% | $202K | $71K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4296 | +0.034% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.135% | $33K | $642K | 50x | as long as short |
| Polymarket Perps LDO-USDlong | +0.0100% | 1h | 0.4294 | long leg | $23K | $717K | 5x | |
| SunX LDO-USDT | +0.0100% | 8h | 0.4394 | +2.324% | $1K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4287 | −0.172% | $261K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4291 | −0.085% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0264% | 1h | 0.4298 | +0.093% | $873K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4292 | −0.058% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4289 | −0.120% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4293 | −0.020% | $1.2M | $778K | 50x | as long as short |
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
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD