Funding you earn now, next payment 23:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h −0.021%
Price spread now: Kraken Futures against Aster−0.062%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 5 days (all we have)−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.062%, 7d avg +0.008%
=Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.070% cheaper against Aster than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.008%). If the spread goes back, that is −$7 on $10k: about 29 hours of funding at the current rate (+$6 a day).
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.036% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LDOUSDT | 0.4325 | 0.0100 | pay 0.0100% / 8h | 1h 43m | $170K | $152K | 10x |
| Short | Kraken Futures PF_LDOUSD | 0.4322 | 0.0297 | get 0.0037% / 1h | 43m 12s | $1.1M | $563K | 50x |
Aster LDOUSDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $41.36
- Price spread: −0.062% → +0.008%
- −$7.04
- Slippage, 4 orders
- −$99.94
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$83.61
- Costs to cover
- 1.179%
- Break-even
- 21.1 days
Slippage from Aster: live order book, 38 min ago; Kraken Futures: live order book, just now.
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 Aster live order book, 38 min ago | 8.02 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, just now | 6.94 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −4.965% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4272 | −1.219% | $116K | $54K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4323 | −0.051% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4320 | −0.110% | $3K | $10K | 25x | as long as short |
| BloFin LDO-USDT | +0.0093% | 8h | 0.4320 | −0.110% | $788K | $228K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4323 | −0.042% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4327 | +0.045% | $11.9M | $3.8M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4325 | long leg | $170K | $152K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4324 | −0.017% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4322 | −0.072% | $18.0M | $38.3M | 75x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4320 | −0.110% | $16.5M | $13.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4319 | −0.133% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4322 | −0.063% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4324 | −0.017% | $8.6M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4322 | −0.063% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4320 | −0.110% | $3.4M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4319 | −0.133% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4324 | −0.017% | $86K | $182K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4311 | −0.316% | $201K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4322 | −0.057% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.110% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4325 | +0.001% | $23K | $741K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4423 | +2.272% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4316 | −0.196% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4321 | −0.088% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0152% | 1h | 0.4330 | +0.119% | $879K | $267K | 10x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0297% | 1h | 0.4322 | −0.062% | $1.1M | $563K | 50x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4320 | −0.101% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4320 | −0.116% | $301K | — | 15x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP