LDO funding rates

LDO perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 03:51 UTC · refreshed every 5 min

Best pair · 7d: 6.2%long Gate, short Aster · net 0.3%
Highest funding now: 10.9%Hyperliquid
Lowest funding now: 2.4%MEXCCEX
Listed on: 12 venues

Funding by venue

													Open
Hyperliquid	LDO	10.9%	10.8%	10.7%	13.4%	10.7%	99%	1h	—	0.4444	$11.4M	$1.6M	HyHyperliquid
Aster	LDOUSDT	10.9%	10.9%	10.9%	10.7%	10.9%	100%	8h	08:00	0.4446	$264k	$27k	AsAster
GRVT	LDO_USDT_Perp	10.9%	10.9%	10.9%	10.1%	10.9%	100%	8h	08:00	0.4444	$314k	$3.5M	GrGRVT
Polymarket	LDO-USD	10.9%	10.5%	10.5%	1.8%	10.5%	99%	1h	04:00	0.4445	$59k	$97k	PmPolymarket
BybitCEX	LDOUSDT	10.9%	10.9%	7.5%	7.8%	6.9%	90%	8h	08:00	0.4444	$16.1M	$6.9M	ByBybit
GateCEX	LDO_USDT	10.9%	3.4%	4.7%	7.4%	4.9%	87%	8h	08:00	0.4448	$12.5M	$466k	GtGate
Variational	LDO	10.9%	10.9%	8.3%	8.3%	7.8%	89%	8h	—	0.443	$246k	$390k	VaVariational
Lighter	LDO	10.5%	10.5%	10.9%	15.6%	11.0%	100%	1h	04:00	0.4432	$987k	$96k	LiLighter
BitgetCEX	LDOUSDT	7.7%	10.6%	10.9%	10.5%	10.9%	100%	8h	08:00	0.4445	$3.6M	$2.6M	BgBitget
Extended	LDO-USD	2.6%	6.2%	4.9%	7.2%	4.7%	73%	1h	04:00	0.444	$545k	$2.3M	ExExtended
BinanceCEX	LDOUSDT	2.6%	6.0%	5.1%	7.3%	5.0%	83%	8h	08:00	0.4448	$16.1M	$19.7M	BnBinance
MEXCCEX	LDO_USDT	2.4%	8.1%	5.5%	7.3%	5.1%	86%	8h	08:00	0.4446	$9.2M	$7.5M	MxMEXC

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
Extended	Lighter	7.9%	4.3%	6.0%	8.5%	4.7%	7.0%	3.1d	steady	$545k		Ex Li	calc
MEXCCEX	Lighter	8.1%	2.4%	5.4%	8.3%	4.3%	6.5%	2.7d	steady	$987k	8h/1h	Mx Li	calc
BinanceCEX	Lighter	7.9%	4.5%	5.8%	6.1%	3.2%	4.8%	6.3d	steady	$987k	8h/1h	Bn Li	calc
Extended	Aster	8.3%	4.8%	6.0%	3.6%	2.6%	4.0%	7.9d	steady	$264k	1h/8h	Ex As	calc
Extended	GRVT	8.3%	4.8%	6.0%	2.9%	2.4%	3.6%	8.5d	steady	$314k	1h/8h	Ex Gr	calc
MEXCCEX	Aster	8.5%	2.8%	5.4%	3.4%	2.3%	3.4%	8.1d	steady	$264k		Mx As	calc
Extended	Polymarket	8.3%	4.3%	5.6%	−5.4%	2.2%	3.3%	8.5d	steady	$59k	invite only	Ex Pm	calc
Extended	Hyperliquid	8.3%	4.6%	5.8%	6.2%	2.1%	3.2%	8.8d	steady	$545k		Ex Hy	calc
MEXCCEX	GRVT	8.5%	2.8%	5.4%	2.7%	2.0%	3.1%	8.7d	steady	$314k		Mx Gr	calc
MEXCCEX	Polymarket	8.5%	2.4%	5.0%	−5.5%	1.9%	2.8%	8.8d	steady	$59k	8h/1hinvite only	Mx Pm	calc
MEXCCEX	Hyperliquid	8.5%	2.7%	5.2%	6.1%	1.8%	2.7%	9.1d	steady	$9.2M	8h/1h	Mx Hy	calc
MEXCCEX	Variational	8.5%	2.8%	2.7%	1.0%	1.7%	2.5%	5.4d	weak	$246k	spread not incl.	Mx Va	calc
Extended	BitgetCEX	5.0%	4.4%	6.0%	3.3%	1.5%	2.3%	10d	steady	$545k	1h/8h	Ex Bg	calc
Variational	Lighter	−0.4%	−0.4%	2.6%	7.4%	2.6%	4.0%	<0.1d	mixed	$246k	8h/1hspread not incl.	Va Li	calc
MEXCCEX	BitgetCEX	5.3%	2.5%	5.4%	3.2%	1.2%	1.8%	11d	steady	$3.6M		Mx Bg	calc
BinanceCEX	Aster	8.3%	4.9%	5.8%	3.4%	1.1%	1.7%	11d	steady	$264k		Bn As	calc
GateCEX	Lighter	−0.4%	7.1%	6.2%	8.2%	2.3%	3.4%	8.8d	mixed	$987k	8h/1h	Gt Li	calc
Extended	Variational	8.3%	4.8%	3.3%	1.1%	2.0%	3.0%	5.5d	mixed	$246k	1h/8hspread not incl.	Ex Va	calc
BinanceCEX	GRVT	8.3%	4.9%	5.8%	3.1%	0.9%	1.3%	12d	steady	$314k		Bn Gr	calc
BinanceCEX	Polymarket	8.3%	4.5%	5.4%	−3.3%	0.7%	1.1%	12d	steady	$59k	8h/1hinvite only	Bn Pm	calc
BinanceCEX	Hyperliquid	8.3%	4.8%	5.6%	4.2%	0.6%	1.0%	12d	steady	$11.4M	8h/1h	Bn Hy	calc
Variational	Aster	0.0%	0.0%	2.7%	2.4%	0.6%	0.9%	11d	weak	$246k	spread not incl.	Va As	calc
BinanceCEX	Variational	8.3%	4.9%	3.1%	1.1%	0.5%	0.8%	12d	weak	$246k	spread not incl.	Bn Va	calc
Variational	GRVT	0.0%	0.0%	2.7%	1.8%	0.4%	0.5%	12d	weak	$246k	spread not incl.	Va Gr	calc
BybitCEX	Lighter	−0.4%	−0.4%	3.4%	7.8%	0.6%	0.9%	12d	mixed	$987k	8h/1h	By Li	calc
GateCEX	Aster	0.0%	7.5%	6.2%	3.3%	0.3%	0.4%	13d	cooling	$264k		Gt As	calc
Variational	Polymarket	0.0%	−0.5%	2.3%	−6.5%	0.2%	0.3%	13d	weak	$59k	8h/1hinvite onlyspread not incl.	Va Pm	calc
Variational	Hyperliquid	0.0%	−0.1%	2.5%	5.1%	0.1%	0.2%	13d	weak	$246k	8h/1hspread not incl.	Va Hy	calc
BinanceCEX	BitgetCEX	5.1%	4.5%	5.8%	3.1%	0.0%	0.1%	14d	steady	$3.6M		Bn Bg	calc
GateCEX	GRVT	0.0%	7.5%	6.2%	2.6%	0.0%	0.0%	14d	cooling	$314k		Gt Gr	calc
GateCEX	Polymarket	0.0%	7.1%	5.8%	−5.7%	−0.2%	−0.3%	14d	cooling	$59k	8h/1hinvite only	Gt Pm	calc
GateCEX	Hyperliquid	0.0%	7.4%	6.0%	6.0%	−0.2%	−0.4%	15d	cooling	$11.4M	8h/1h	Gt Hy	calc
GateCEX	Variational	0.0%	7.5%	3.5%	0.8%	−0.4%	−0.5%	15d	weak	$246k	spread not incl.	Gt Va	calc
Variational	BitgetCEX	−3.3%	−0.4%	2.6%	2.2%	−0.5%	−0.7%	17d	weak	$246k	spread not incl.	Va Bg	calc
GateCEX	BitgetCEX	−3.3%	7.1%	6.2%	3.0%	−0.8%	−1.3%	16d	cooling	$3.6M		Gt Bg	calc
BybitCEX	Aster	0.0%	0.0%	3.5%	2.9%	−1.5%	−2.2%	20d	weak	$264k		By As	calc
BybitCEX	GRVT	0.0%	0.0%	3.5%	2.2%	−1.7%	−2.6%	21d	weak	$314k		By Gr	calc
BybitCEX	Polymarket	0.0%	−0.4%	3.1%	−6.0%	−1.9%	−2.8%	23d	weak	$59k	8h/1hinvite only	By Pm	calc
BybitCEX	Hyperliquid	0.0%	−0.1%	3.3%	5.6%	−2.0%	−2.9%	22d	weak	$11.4M	8h/1h	By Hy	calc
MEXCCEX	BybitCEX	8.5%	2.8%	1.9%	0.5%	−2.0%	−3.0%	28d	weak	$9.2M		Mx By	calc
Lighter	Aster	0.4%	0.4%	0.1%	−4.9%	−2.0%	−3.0%	517d	weak	$264k	1h/8h	Li As	calc
BybitCEX	Variational	0.0%	0.0%	0.8%	0.5%	−2.1%	−3.1%	50d	weak	$246k	spread not incl.	By Va	calc
Lighter	GRVT	0.4%	0.4%	0.1%	−5.6%	−2.3%	−3.4%	582d	weak	$314k	1h/8h	Li Gr	calc
Lighter	Polymarket	0.4%	0.0%	−0.4%	−13.9%	−2.5%	−3.7%	—	weak	$59k	invite only	Li Pm	calc
Lighter	Hyperliquid	0.4%	0.3%	−0.2%	−2.2%	−2.5%	−3.8%	—	weak	$987k		Li Hy	calc
BybitCEX	BitgetCEX	−3.3%	−0.4%	3.4%	2.7%	−2.6%	−3.8%	24d	weak	$3.6M		By Bg	calc
Lighter	Variational	0.4%	0.4%	−2.6%	−7.4%	−2.6%	−4.0%	—	weak	$246k	1h/8hspread not incl.	Li Va	calc
MEXCCEX	Extended	0.2%	−1.9%	−0.6%	−0.2%	−3.0%	−4.4%	—	weak	$545k	8h/1h	Mx Ex	calc
Lighter	BitgetCEX	−2.8%	0.0%	0.0%	−5.2%	−3.1%	−4.7%	>999d	weak	$987k	1h/8h	Li Bg	calc
BinanceCEX	BybitCEX	8.3%	4.9%	2.3%	0.8%	−3.1%	−4.7%	33d	weak	$16.1M		Bn By	calc
BinanceCEX	MEXCCEX	−0.2%	2.1%	0.4%	0.1%	−3.2%	−4.9%	124d	weak	$9.2M		Bn Mx	calc
Extended	BybitCEX	8.3%	4.7%	2.5%	0.6%	−1.6%	−2.5%	23d	mixed	$545k	1h/8h	Ex By	calc
Polymarket	Lighter	−0.4%	0.0%	0.4%	13.9%	−1.7%	−2.6%	80d	mixed	$59k	invite only	Pm Li	calc
Extended	MEXCCEX	−0.2%	1.9%	0.6%	0.2%	−1.7%	−2.6%	54d	mixed	$545k	1h/8h	Ex Mx	calc
Polymarket	Aster	0.0%	0.5%	0.4%	8.9%	−3.8%	−5.6%	139d	weak	$59k	1h/8hinvite only	Pm As	calc
Polymarket	GRVT	0.0%	0.5%	0.4%	8.3%	−4.0%	−6.0%	147d	weak	$59k	1h/8hinvite only	Pm Gr	calc
GateCEX	BybitCEX	0.0%	7.5%	2.8%	0.4%	−4.0%	−6.0%	35d	weak	$12.5M		Gt By	calc
BinanceCEX	Extended	0.0%	0.2%	−0.2%	−0.1%	−4.1%	−6.2%	—	weak	$545k	8h/1h	Bn Ex	calc
Hyperliquid	Aster	0.0%	0.1%	0.2%	−2.7%	−4.2%	−6.3%	264d	weak	$264k	1h/8h	Hy As	calc
Polymarket	Hyperliquid	0.0%	0.3%	0.2%	11.6%	−4.2%	−6.4%	333d	weak	$59k	invite only	Pm Hy	calc
Hyperliquid	Lighter	−0.4%	−0.3%	0.2%	2.2%	−2.2%	−3.3%	184d	mixed	$987k		Hy Li	calc
Hyperliquid	GRVT	0.0%	0.1%	0.2%	−3.3%	−4.5%	−6.7%	280d	weak	$314k	1h/8h	Hy Gr	calc
Polymarket	BitgetCEX	−3.3%	0.1%	0.4%	8.7%	−4.8%	−7.3%	199d	weak	$59k	1h/8hinvite only	Pm Bg	calc
BitgetCEX	Aster	3.3%	0.4%	0.1%	0.2%	−5.2%	−7.7%	>999d	weak	$264k		Bg As	calc
Hyperliquid	BitgetCEX	−3.3%	−0.3%	0.2%	−2.9%	−5.3%	−7.9%	427d	weak	$3.6M	1h/8h	Hy Bg	calc
BitgetCEX	GRVT	3.3%	0.4%	0.1%	−0.4%	−5.4%	−8.1%	>999d	weak	$314k		Bg Gr	calc
BitgetCEX	Polymarket	3.3%	−0.1%	−0.4%	−8.7%	−5.6%	−8.4%	—	weak	$59k	8h/1hinvite only	Bg Pm	calc
BitgetCEX	Hyperliquid	3.3%	0.3%	−0.2%	2.9%	−5.7%	−8.5%	—	weak	$3.6M	8h/1h	Bg Hy	calc
BitgetCEX	Variational	3.3%	0.4%	−2.6%	−2.2%	−5.8%	−8.7%	—	weak	$246k	spread not incl.	Bg Va	calc
MEXCCEX	GateCEX	8.5%	−4.7%	−0.8%	0.1%	−5.8%	−8.7%	—	weak	$9.2M		Mx Gt	calc
BitgetCEX	Lighter	2.8%	0.0%	0.0%	5.2%	−3.1%	−4.7%	—	mixed	$987k	8h/1h	Bg Li	calc
Lighter	BybitCEX	0.4%	0.4%	−3.4%	−7.8%	−6.3%	−9.5%	—	weak	$987k	1h/8h	Li By	calc
BinanceCEX	GateCEX	8.3%	−2.6%	−0.4%	−0.4%	−6.9%	−10.4%	—	weak	$12.5M		Bn Gt	calc
Extended	BinanceCEX	0.0%	−0.2%	0.2%	0.1%	−3.7%	−5.6%	283d	mixed	$545k	1h/8h	Ex Bn	calc
MEXCCEX	BinanceCEX	0.2%	−2.1%	−0.4%	−0.1%	−4.1%	−6.1%	—	mixed	$9.2M		Mx Bn	calc
GateCEX	MEXCCEX	−8.5%	4.7%	0.8%	−0.1%	−4.1%	−6.2%	84d	mixed	$9.2M		Gt Mx	calc
BitgetCEX	BybitCEX	3.3%	0.4%	−3.4%	−2.7%	−9.4%	−14.2%	—	weak	$3.6M		Bg By	calc
GateCEX	Extended	−8.3%	2.8%	0.2%	−0.3%	−5.0%	−7.5%	336d	mixed	$545k	8h/1h	Gt Ex	calc
Lighter	GateCEX	0.4%	−7.1%	−6.2%	−8.2%	−10.1%	−15.2%	—	weak	$987k	1h/8h	Li Gt	calc
Extended	GateCEX	8.3%	−2.8%	−0.2%	0.3%	−5.4%	−8.1%	—	mixed	$545k	1h/8h	Ex Gt	calc
GateCEX	BinanceCEX	−8.3%	2.6%	0.4%	0.4%	−6.1%	−9.2%	222d	mixed	$12.5M		Gt Bn	calc
BitgetCEX	GateCEX	3.3%	−7.1%	−6.2%	−3.0%	−13.2%	−19.8%	—	weak	$3.6M		Bg Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:51 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.442961, sell on Gate at 0.4448: 0.414% before fees, 0.264% after taker fees.

LDO: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Gate0.4448	Binance0.444778	Aster0.4446	MEXC0.4446	Bitget0.4445	Polymarket0.4445	Hyperliquid0.44443	Bybit0.4444	GRVT0.4444	Extended0.443976	Lighter0.443235	Variational0.442961
Variational0.442961	0.414%	0.410%	0.369%	0.369%	0.347%	0.347%	0.331%	0.324%	0.324%	0.229%	0.062%	—
Lighter0.443235	0.352%	0.348%	0.307%	0.307%	0.285%	0.285%	0.269%	0.262%	0.262%	0.167%	—	−0.062%
Extended0.443976	0.185%	0.181%	0.140%	0.140%	0.118%	0.118%	0.102%	0.095%	0.095%	—	−0.167%	−0.229%
Bybit0.4444	0.090%	0.085%	0.045%	0.045%	0.022%	0.022%	0.007%	—	0.000%	−0.095%	−0.262%	−0.324%
GRVT0.4444	0.090%	0.085%	0.045%	0.045%	0.022%	0.022%	0.007%	0.000%	—	−0.095%	−0.262%	−0.324%
Hyperliquid0.44443	0.083%	0.078%	0.038%	0.038%	0.016%	0.016%	—	−0.007%	−0.007%	−0.102%	−0.269%	−0.331%
Bitget0.4445	0.067%	0.063%	0.022%	0.022%	—	0.000%	−0.016%	−0.022%	−0.022%	−0.118%	−0.285%	−0.347%
Polymarket0.4445	0.067%	0.063%	0.022%	0.022%	0.000%	—	−0.016%	−0.022%	−0.022%	−0.118%	−0.285%	−0.347%
Aster0.4446	0.045%	0.040%	—	0.000%	−0.022%	−0.022%	−0.038%	−0.045%	−0.045%	−0.140%	−0.307%	−0.369%
MEXC0.4446	0.045%	0.040%	0.000%	—	−0.022%	−0.022%	−0.038%	−0.045%	−0.045%	−0.140%	−0.307%	−0.369%
Binance0.444778	0.005%	—	−0.040%	−0.040%	−0.063%	−0.063%	−0.078%	−0.085%	−0.085%	−0.181%	−0.348%	−0.410%
Gate0.4448	—	−0.005%	−0.045%	−0.045%	−0.067%	−0.067%	−0.083%	−0.090%	−0.090%	−0.185%	−0.352%	−0.414%

All quotes (12)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.4446	0.4446	mark	6m	$27k	no FX
BinanceCEX	0.444778	0.444778	mark	5m	$19.7M	no FX
BitgetCEX	0.4445	0.4445	mark	5m	$2.6M	no FX
BybitCEX	0.4444	0.4444	mark	5m	$6.9M	no FX
Extended	0.443976	0.443976	mark	6m	$2.3M
GateCEX	0.4448	0.4448	mark	5m	$466k	no FX
GRVT	0.4444	0.4444	mark	6m	$3.5M	no FX
Hyperliquid	0.44443	0.44443	mark	6m	$1.6M
Lighter	0.443235	0.443235	mark	6m	$96k
MEXCCEX	0.4446	0.4446	mark	6m	$7.5M	no FX
Polymarket	0.4445	0.4445	mark	6m	$97k
Variational	0.442961	0.442961	mark	6m	$390k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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