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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h 0.000%
Price spread now: BloFin against Polymarket Perps+0.002%45s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.002%, 7d avg −0.002%
Together, before fees+0.312%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.42030.0100pay 0.0013% / 1h29m 53s$22K$384K5x
ShortBloFin LDO-USDT0.42030.0082get 0.0082% / 8h2h 29m$893K$256K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.88
Price spread: +0.002% → −0.002%
$0.42
Slippage, 4 orders
−$23.92
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$47.38
Costs to cover
0.439%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 17 min ago; BloFin: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 17 min ago3.67 bp8.3 bp −$89.2 bp −$92doesn't fitdoesn't fit
Sell BloFin live order book, 52 min ago3.54 bp12.6 bp −$1324.5 bp −$24571.4 bp −$7,140doesn't fit

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−0.0464%1h0.4196−0.164%$117K$40K50xas long as short
dYdX LDO-USD0.0000%1h0.4206+0.081%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4204+0.026%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.210%$4K$1112xas long as short
BloFin LDO-USDTshort+0.0082%8h0.4203+0.002%$893K$256K75x
Paradex LDO-USD-PERP+0.0100%8h0.4205+0.056%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4204+0.038%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4203−0.003%$165K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4207+0.093%$108K$27K10xas long as short
Binance LDOUSDT+0.0100%8h0.4201−0.045%$17.6M$31.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4200−0.069%$15.9M$10.1M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4199−0.093%$4.0M$6.7M50xas long as short
Gate LDO_USDT+0.0100%8h0.4200−0.069%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4201−0.045%$7.2M$5.8M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4201−0.045%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4198−0.117%$3.2M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4198−0.117%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4203+0.005%$89K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4203−0.001%$197K$60Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4205+0.049%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4210+0.169%$32K$639K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4203long leg$22K$384K5x
SunX LDO-USDT+0.0100%8h0.4300+2.310%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4199−0.096%$253K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4201−0.045%$37K3xas long as short
Lighter LDO+0.0296%1h0.4211+0.193%$849K$265K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4202−0.018%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4201−0.054%$293K15xas long as short
Kraken Futures PF_LDOUSD+0.0601%1h0.4206+0.074%$1.1M$656K50xas long as short