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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: KuCoin against Polymarket Perps+0.070%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$800.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.128%+$13 on $10k
Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.070%, 7d avg −0.017%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.086% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.43160.0100pay 0.0013% / 1h45m 58s$23K$741K5x
ShortKuCoin LDOUSDTM0.43190.0100get 0.0100% / 8h1h 45m$2.8M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.070% → −0.017%
$8.61
Slippage, 4 orders
−$59.74
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$71.12
Costs to cover
0.797%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 37 min ago; KuCoin: live order book, 2 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, 37 min ago2.06 bp6.2 bp −$67.8 bp −$78doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.32 bp35.1 bp −$35262.6 bp −$2,626doesn't fitdoesn'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
Injective LDO/USDC PERP−0.0851%1h0.4110−4.773%$4K$1412xas long as short
Coinbase International LDO-PERP-INTX−0.0600%1h0.4272−1.019%$116K$54K50xas long as short
dYdX LDO-USD0.0000%1h0.4315−0.033%$83K$17K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4318+0.046%$3K$10K25xas long as short
BloFin LDO-USDT+0.0092%8h0.4315−0.023%$787K$228K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4311−0.105%$3K$5620xas long as short
Hyperliquid LDO+0.0100%1h0.4322+0.139%$11.9M$3.8M5xas long as short
Aster LDOUSDT+0.0100%8h0.4322+0.139%$170K$152K10xas long as short
Pacifica LDO+0.0100%1h0.4313−0.070%$111K$178K10xas long as short
Binance LDOUSDT+0.0100%8h0.4322+0.140%$18.0M$38.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4319+0.070%$16.5M$13.3M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4319+0.070%$4.1M$9.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4318+0.046%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4322+0.139%$8.6M$7.6M200xas long as short
KuCoin LDOUSDTMshort+0.0100%8h0.4319+0.070%$2.8M$4.3M50x
Bitget LDOUSDT+0.0100%8h0.4319+0.070%$3.4M$3.8M75xas long as short
BingX LDO-USDT+0.0100%8h0.4318+0.046%$3.8Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4319+0.058%$86K$183K10xas long as short
Variational Omni LDO+0.0100%8h0.4305−0.252%$201K$88Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4309−0.162%$301K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.139%$35K$648K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4316long leg$23K$741K5x
SunX LDO-USDT+0.0100%8h0.4419+2.386%$1K$1.5M20xas long as short
Extended LDO-USD+0.0104%1h0.4318+0.041%$259K$1.0M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4319+0.070%$38K3xas long as short
Lighter LDO+0.0136%1h0.4328+0.278%$878K$267K10xas long as short
Kraken Futures PF_LDOUSD+0.0297%1h0.4321+0.115%$1.1M$563K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4318+0.036%$24K100xas long as short
Reya LDORUSDPERP+0.0333%1h0.4311−0.110%$301K15xas long as short