Funding you earn now, next payment 04:00 UTC+0.0395%/8h= +43.3% APRpaid last 24h −0.002%
Price spread now: Kraken Futures against BingX+0.080%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.080%, 7d avg +0.091%
=The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% 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 | BingX LDO-USDT | 0.4256 | 0.0100 | pay 0.0100% / 8h | 4h 49m | — | $9.9M | — |
| Short | Kraken Futures PF_LDOUSD | 0.4259 | 0.0495 | get 0.0062% / 1h | 49m 03s | $1.1M | $683K | 50x |
BingX LDO-USDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $83.03
- Price spread: +0.080% → +0.091%
- −$1.11
- Slippage, 4 orders
- −$58.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $3.43
- Costs to cover
- 0.785%
- Break-even
- 6.7 days
Slippage from BingX: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.
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 BingX live order book, 4 min ago | 2.34 bp | 14.1 bp −$14 | 28.6 bp −$286 | 204.5 bp −$20.5K | 460.8 bp −$230.4K |
| Sell Kraken Futures live order book, 4 min ago | 8.19 bp | 19.2 bp −$19 | 66.2 bp −$662 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4261 | +0.117% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4260 | +0.094% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4256 | 0.000% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.430% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4266 | +0.237% | $867K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4259 | +0.079% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4258 | +0.054% | $11.6M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4259 | +0.067% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4261 | +0.116% | $109K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4260 | +0.094% | $17.9M | $31.1M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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 | 0.4255 | −0.023% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4257 | +0.023% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4258 | +0.047% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4255 | −0.023% | $7.6M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4259 | +0.070% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4258 | +0.047% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4256 | long leg | — | $9.9M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4256 | +0.009% | $92K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4260 | +0.100% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4276 | +0.463% | $300K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.329% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4259 | +0.066% | $22K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4359 | +2.420% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4259 | +0.061% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4255 | −0.026% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0124% | 8h | 0.4256 | 0.000% | $915K | $252K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4257 | +0.017% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4254 | −0.039% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0495% | 1h | 0.4259 | +0.080% | $1.1M | $683K | 50x |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP