Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h −0.013%
Price spread now: Kraken Futures against Gate−0.136%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.136%, 7d avg +0.079%
=Funding pays, the price is against you. Kraken Futures is 0.215% cheaper against Gate than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.079%). If the spread goes back, that is −$22 on $10k: about 5.7 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LDO_USDT | 0.4210 | 0.0100 | pay 0.0100% / 8h | 1m 09s | $1.5M | $1.2M | 50x |
| Short | Kraken Futures PF_LDOUSD | 0.4204 | 0.0225 | get 0.0028% / 1h | 1m 09s | $1.1M | $728K | 50x |
Gate LDO_USDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $26.34
- Price spread: −0.136% → +0.079%
- −$21.51
- Slippage, 4 orders
- −$79.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$99.52
- Costs to cover
- 1.044%
- Break-even
- 33.4 days
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 2 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 Gate live order book, 1 min ago | 3.57 bp | 30.2 bp −$30 | 153.7 bp −$1,537 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 9.51 bp | 20.4 bp −$20 | 133.1 bp −$1,331 | 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 | −0.0920% | 1h | 0.4198 | −0.285% | $117K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4208 | −0.040% | $81K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.375% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0088% | 8h | 0.4207 | −0.071% | $884K | $257K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4203 | −0.178% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4212 | +0.040% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4209 | −0.023% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4206 | −0.086% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4209 | −0.027% | $17.6M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4206 | −0.095% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
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 | 0.4206 | −0.095% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDTlong | +0.0100% | 8h | 0.4210 | long leg | $1.5M | $1.2M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4208 | −0.048% | $6.7M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4209 | −0.024% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4207 | −0.071% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4207 | −0.071% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4208 | −0.052% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4200 | −0.239% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4210 | 0.000% | $298K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | 0.000% | $31K | $634K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4210 | +0.002% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4306 | +2.280% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4204 | −0.137% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4207 | −0.062% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0225% | 1h | 0.4204 | −0.136% | $1.1M | $728K | 50x | |
| Deribit LDO_USDC-PERPETUAL | +0.0226% | 1h | 0.4208 | −0.048% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4207 | −0.077% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4207 | −0.078% | $293K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4215 | +0.114% | $849K | $273K | 10x | as long as short |
OKX LDO-USDT-SWAP
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