Funding you earn now, next payment 22:00 UTC+0.0327%/8h= +35.8% APRnext payment +$0.41 per $10,000 · paid last 24h −0.041%
Price spread now: Deribit against Kraken Futures−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4358 | −0.0327 | get 0.0041% / 1h | 23m 53s | $1.1M | $556K | 50x |
| Short | Deribit LDO_USDC-PERPETUAL | 0.4358 | 0 | get 0.0000% / 1h | 23m 53s | $3K | $10K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Kraken Futures. 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
- $68.57
- Price spread: −0.001% → 0.000%
- −$0.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $51.42
- Costs to cover
- 0.170%
- Break-even
- 1.8 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; Deribit: no order-book sample. 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 Kraken Futures live order book, 4 min ago | 11.52 bp | 27.9 bp −$28 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0688% | 1h | 0.4290 | −1.562% | $116K | $54K | 50x | as long as short |
| Kraken Futures PF_LDOUSDlong | −0.0327% | 1h | 0.4358 | long leg | $1.1M | $556K | 50x | |
| Deribit LDO_USDC-PERPETUALshort | 0.0000% | 1h | 0.4358 | −0.001% | $3K | $10K | 25x | |
| dYdX LDO-USD | +0.0021% | 1h | 0.4359 | +0.018% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −2.021% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0081% | 8h | 0.4356 | −0.047% | $792K | $230K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4372 | +0.313% | $887K | $265K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4355 | −0.068% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4363 | +0.118% | $12.1M | $3.6M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4359 | +0.024% | $171K | $144K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4359 | +0.021% | $112K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4359 | +0.021% | $18.2M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4356 | −0.047% | $16.9M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4356 | −0.047% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4358 | −0.001% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4357 | −0.024% | $8.8M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4357 | −0.024% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4356 | −0.047% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4356 | −0.047% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4359 | +0.010% | $87K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4358 | +0.006% | $203K | $89K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4341 | −0.387% | $309K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | −0.415% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4360 | +0.044% | $22K | $739K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4458 | +2.293% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4355 | −0.071% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4359 | +0.010% | $39K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4358 | −0.011% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4354 | −0.100% | $304K | — | 15x | as long as short |
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
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
GMX LDO/USD [ETH-USDC]