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

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.070%
Price spread now: Polymarket Perps against Reya+0.103%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.257%−$26 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.103%, 7d avg +0.079%
Together, before fees−0.397%+ Points / potential airdropReya: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.023% dearer against Reya than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.079%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LDORUSDPERP0.42130.0346pay 0.0043% / 1h12m 55s$294K15x
ShortPolymarket Perps LDO-USD0.42170.0100get 0.0013% / 1h12m 55s$24K$375K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Reya. 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
−$51.63
Price spread: +0.103% → +0.079%
$2.34
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$63.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Polymarket Perps live order book, 24 min ago4.77 bp8.8 bp −$98.9 bp −$89doesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0920%1h0.4186−0.640%$116K$39K50xas long as short
dYdX LDO-USD0.0000%1h0.4210−0.067%$81K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4215+0.048%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−2.444%$4K$1112xas long as short
BloFin LDO-USDT+0.0077%8h0.4213+0.001%$883K$257K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4211−0.046%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4217+0.105%$11.5M$3.0M5xas long as short
Aster LDOUSDT+0.0100%8h0.4213+0.007%$166K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4214+0.024%$106K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4213+0.001%$17.7M$31.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4209−0.094%$16.1M$10.0M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4211−0.047%$4.0M$6.6M50xas long as short
Gate LDO_USDT+0.0100%8h0.4212−0.023%$1.4M$1.2M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4212−0.023%$6.5M$5.5M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4213+0.001%$2.7M$3.3M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4210−0.071%$3.2M$3.0M75xas long as short
BingX LDO-USDT+0.0100%8h0.4213+0.001%$10.1Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4211−0.056%$88K$177K10xas long as short
Variational Omni LDO+0.0100%8h0.4202−0.264%$200K$66Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4206−0.175%$299K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4210−0.071%$31K$632K50xas long as short
Polymarket Perps LDO-USDshort+0.0100%1h0.4217+0.103%$24K$375K5x
SunX LDO-USDT+0.0100%8h0.4312+2.351%$2K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4209−0.083%$252K$1.4M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4214+0.024%$37K3xas long as short
Kraken Futures PF_LDOUSD+0.0225%1h0.4211−0.046%$1.1M$729K50xas long as short
GMX LDO/USD [ETH-USDC]L +0.0318% / S −0.0201%1h0.4205−0.194%$23K100xas long as short
Reya LDORUSDPERPlong+0.0346%1h0.4213long leg$294K15x
Lighter LDO+0.0392%1h0.4222+0.202%$851K$272K10xas long as short