Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRnext payment +$0.62 per $10,000 · paid last 24h +0.027%
Price spread now: Kraken Futures against dYdX+0.331%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Kraken Futures is 0.331% dearer against dYdX than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.62 per $10,000. 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 | dYdX LDO-USD | 0.4258 | 0 | get 0.0000% / 1h | 43m 49s | $82K | $5K | 5x |
| Short | Kraken Futures PF_LDOUSD | 0.4272 | 0.0494 | get 0.0062% / 1h | 43m 49s | $1.1M | $683K | 50x |
dYdX LDO-USD
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $103.72
- Price spread: +0.331% → 0.000%
- $33.09
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $116.8
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 11.74 bp | 21.8 bp −$22 | 83.6 bp −$836 | doesn't fit | doesn't fit |
dYdX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4261 | +0.065% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USDlong | 0.0000% | 1h | 0.4258 | long leg | $82K | $5K | 5x | |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.481% | $4K | $13 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4277 | +0.436% | $869K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4258 | −0.008% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4273 | +0.347% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4269 | +0.255% | $168K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4262 | +0.078% | $109K | $53K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4272 | +0.314% | $17.9M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4268 | +0.229% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
Lighter LDO
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 | 0.4268 | +0.229% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4268 | +0.229% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4270 | +0.276% | $7.6M | $6.4M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4267 | +0.206% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4269 | +0.253% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4268 | +0.229% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4271 | +0.300% | $91K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4255 | −0.083% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4256 | −0.053% | $303K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | +0.041% | $32K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4265 | +0.171% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4372 | +2.672% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4267 | +0.209% | $256K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4270 | +0.271% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0123% | 8h | 0.4256 | −0.052% | $914K | $251K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0218% | 1h | 0.4271 | +0.300% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4270 | +0.283% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4267 | +0.200% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0494% | 1h | 0.4272 | +0.331% | $1.1M | $683K | 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
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP