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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: OKX against Polymarket Perps−0.135%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$450.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.296%+$30 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.135%, 7d avg −0.065%
Together, before fees+0.421%+$42 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: OKX is 0.070% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps LDO-USD0.42160.0100pay 0.0013% / 1h2m 01s$22K$376K5x
ShortOKX LDO-USDT-SWAP0.42100.0100get 0.0100% / 8h1h 02m$4.0M$6.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.135% → −0.065%
−$6.97
Slippage, 4 orders
−$26.54
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.51
Costs to cover
0.445%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 40 min ago; OKX: live order book, 1 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, 40 min ago2.72 bp6.8 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.37 bp13.7 bp −$1447.5 bp −$475doesn'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
Coinbase International LDO-PERP-INTX−0.0648%1h0.4193−0.538%$117K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4217+0.037%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4214−0.040%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.507%$4K$1112xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4211−0.107%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4216−0.002%$11.5M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4216−0.002%$166K$92K10xas long as short
Pacifica LDO+0.0100%1h0.4217+0.021%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4211−0.111%$17.7M$30.7M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4208−0.183%$15.9M$9.9M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAPshort+0.0100%8h0.4210−0.135%$4.0M$6.6M50x
Gate LDO_USDT+0.0100%8h0.4220+0.102%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4212−0.088%$6.7M$6.0M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4214−0.040%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4213−0.064%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4212−0.088%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4211−0.102%$89K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4226+0.239%$197K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4223+0.173%$300K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4230+0.339%$31K$635K50xas long as short
Polymarket Perps LDO-USDlong+0.0100%1h0.4216long leg$22K$376K5x
SunX LDO-USDT+0.0100%8h0.4310+2.237%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4210−0.145%$256K$1.1M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4213−0.076%$37K3xas long as short
BloFin LDO-USDT+0.0111%8h0.4218+0.055%$888K$258K75xas long as short
Lighter LDO+0.0304%1h0.4221+0.135%$851K$275K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4212−0.088%$23K100xas long as short
Reya LDORUSDPERP+0.0345%1h0.4211−0.121%$294K15xas long as short
Kraken Futures PF_LDOUSD+0.0381%1h0.4215−0.020%$1.1M$706K50xas long as short