After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.067%7d average+0.072%fees + slippage, in and out−$34spread needed0.342%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LDO-USD | 0.4310 | 0.0100 | pay 0.0013% / 1h | 18m 46s | $27K | $1.2M | 5x |
| Short | Hyperliquid LDO | 0.4313 | 0.0100 | get 0.0013% / 1h | 18m 46s | $12.2M | $3.5M | 5x |
Polymarket Perps LDO-USD
Hyperliquid LDOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.73
- Funding while held
- $0
- Slippage, 4 orders
- −$17.21
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$27.48
- Spread needed to break even
- 0.342%
Slippage from Polymarket Perps: live order book, 1 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 1 min ago | 3.02 bp | 8.4 bp −$8 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.23 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
LDO price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.4243cheapestVariational Omni0.4288+1.052%ApeX Omni0.4300+1.343%OKX0.4305+1.461%Bybit0.4306+1.485%BingX0.4306+1.485%BloFin0.4306+1.485%Extended0.4306+1.487%Gate0.4307+1.508%dYdX0.4308+1.524%Binance0.4308+1.536%Reya0.4308+1.537%Pacifica0.4309+1.556%Bitget0.4309+1.556%KuCoin0.4310+1.579%
Coinbase International
Variational Omni
ApeX Omni
OKX
Bybit
BingX
BloFin
Extended
Gate
dYdX
Binance
Reya
Pacifica
Bitget
KuCoinPolymarket Perps0.4310+1.588%
Paradex0.4311+1.594%MEXC0.4311+1.603%
Paradex
MEXCHyperliquid0.4313+1.657%
Aevo0.4314+1.667%Deribit0.4315+1.697%Backpack0.4315+1.704%GMX0.4316+1.715%Kraken Futures0.4317+1.736%Aster0.4317+1.738%Lighter0.4323+1.895%Injective0.4350+2.522%SunX0.4414+4.030%
Aevo
Deribit
Backpack
GMX
Kraken Futures
Aster
Lighter
Injective
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −1.564% | −0.1248% | 1h | $114K | $44K | 50x | as long as short |
| Variational Omni LDO | −0.528% | +0.0100% | 8h | $219K | $146K | — | as long as short |
| ApeX Omni LDOUSDT | −0.241% | +0.0100% | 1h | $33K | $646K | 50x | as long as short |
| OKX LDO-USDT-SWAP | −0.125% | +0.0100% | 8h | $3.9M | $9.7M | 50x | as long as short |
| Bybit LDOUSDT | −0.102% | +0.0090% | 8h | $16.4M | $13.0M | 50x | as long as short |
| BingX LDO-USDT | −0.102% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| BloFin LDO-USDT | −0.102% | +0.0106% | 8h | $826K | $121K | 75x | as long as short |
| Extended LDO-USD | −0.100% | +0.0104% | 1h | $258K | $1.0M | 25x | as long as short |
| Gate LDO_USDT | −0.079% | +0.0100% | 8h | $1.4M | $1.2M | 50x | as long as short |
| dYdX LDO-USD | −0.064% | 0.0000% | 1h | $83K | $17K | 5x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | −0.052% | +0.0100% | 8h | $17.8M | $38.7M | 75x | as long as short |
| Reya LDORUSDPERP | −0.051% | +0.0324% | 1h | $300K | — | 15x | as long as short |
| Pacifica LDO | −0.032% | +0.0100% | 1h | $111K | $188K | 10x | as long as short |
| Bitget LDOUSDT | −0.032% | +0.0100% | 8h | $3.3M | $3.7M | 75x | as long as short |
| KuCoin LDOUSDTM | −0.009% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| Polymarket Perps LDO-USDlong | 0.000% | +0.0100% | 1h | $27K | $1.2M | 5x | |
| Paradex LDO-USD-PERP | +0.006% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| MEXC LDO_USDT | +0.014% | +0.0100% | 8h | $9.4M | $7.7M | 200x | as long as short |
| Hyperliquid LDOshort | +0.067% | +0.0100% | 1h | $12.2M | $3.5M | 5x | |
| Aevo LDO-PERP | +0.077% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.107% | −0.0213% | 1h | $3K | $10K | 25x | as long as short |
| Backpack LDO_USDC_PERP | +0.114% | −0.0062% | 1h | $85K | $199K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | +0.125% | L +0.0301% / S −0.0180% | 1h | $24K | — | 100x | as long as short |
| Kraken Futures PF_LDOUSD | +0.145% | −0.0095% | 1h | $1.1M | $549K | 50x | as long as short |
| Aster LDOUSDT | +0.147% | +0.0100% | 8h | $167K | $317K | 10x | as long as short |
| Lighter LDO | +0.302% | +0.0096% | 1h | $877K | $278K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.919% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| SunX LDO-USDT | +2.403% | +0.0100% | 8h | $2K | $1.4M | 20x | as long as short |