Funding you earn now, next payment 03:00 UTC+0.0474%/8h= +52.0% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against BloFin+0.097%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.097%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.058% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, 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 -0.080% in total (about -4.2% 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 | BloFin LDO-USDT | 0.4304 | 0.0099 | pay 0.0099% / 8h | 5h 32m | $917K | $256K | 75x |
| Short | Kraken Futures PF_LDOUSD | 0.4308 | 0.0573 | get 0.0072% / 1h | 32m 44s | $1.2M | $693K | 50x |
BloFin LDO-USDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $99.64
- Price spread: +0.097% → +0.039%
- $5.81
- Slippage, 4 orders
- −$62.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $20.97
- Costs to cover
- 0.845%
- Break-even
- 5.5 days
Slippage from BloFin: live order book, 6 min ago; Kraken Futures: live order book, 1 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 BloFin live order book, 6 min ago | 1.17 bp | 14.0 bp −$14 | 22.3 bp −$223 | 87.3 bp −$8,734 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 9.30 bp | 20.6 bp −$21 | 89.1 bp −$891 | 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 | −0.0512% | 1h | 0.4259 | −1.046% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4304 | +0.003% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.507% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0099% | 8h | 0.4304 | long leg | $917K | $256K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4304 | −0.011% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4307 | +0.070% | $11.8M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4310 | +0.132% | $170K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4307 | +0.077% | $111K | $131K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4307 | +0.070% | $18.0M | $31.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4302 | −0.046% | $16.2M | $10.4M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4302 | −0.046% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4308 | +0.093% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4306 | +0.046% | $7.8M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4308 | +0.093% | $2.8M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4306 | +0.046% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4306 | +0.046% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4303 | −0.028% | $96K | $168K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4297 | −0.170% | $202K | $67K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4300 | −0.093% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.093% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4307 | +0.072% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4406 | +2.370% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4300 | −0.092% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4305 | +0.016% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4305 | +0.023% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4304 | +0.005% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4303 | −0.034% | $300K | — | 15x | as long as short |
| Lighter LDO | +0.0416% | 1h | 0.4315 | +0.258% | $876K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0573% | 1h | 0.4308 | +0.097% | $1.2M | $693K | 50x |
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO