Funding you earn now, next payment 05:00 UTC−0.0288%/8h= −31.6% APRnext payment −$0.36 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Kraken Futures−0.135%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$850.850% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.135%, 7d avg −0.153%
=Together, before fees+0.094%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.153%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 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 | Kraken Futures PF_LDOUSD | 0.4292 | 0.0392 | pay 0.0049% / 1h | 54m 50s | $1.2M | $678K | 50x |
| Short | Extended LDO-USD | 0.4286 | 0.0104 | get 0.0013% / 1h | 54m 50s | $260K | $1.3M | 25x |
Kraken Futures PF_LDOUSD
Extended LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$60.52
- Price spread: −0.135% → −0.153%
- $1.85
- Slippage, 4 orders
- −$70.01
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$143.67
- Costs to cover
- 0.850%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Extended: live order book, 3 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 Kraken Futures live order book, 4 min ago | 8.17 bp | 32.3 bp −$32 | 102.3 bp −$1,023 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 3.50 bp | 15.6 bp −$16 | 103.1 bp −$1,031 | 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 | −0.0352% | 1h | 0.4268 | −0.561% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4281 | −0.255% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.242% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0086% | 8h | 0.4289 | −0.072% | $909K | $253K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4280 | −0.288% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | −0.011% | $11.7M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4292 | −0.008% | $169K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4284 | −0.178% | $110K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4289 | −0.068% | $18.0M | $30.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4287 | −0.118% | $16.2M | $9.9M | 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 | 0.4287 | −0.118% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4291 | −0.025% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4290 | −0.049% | $7.7M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4289 | −0.072% | $2.8M | $3.7M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4288 | −0.095% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4290 | −0.049% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4290 | −0.044% | $91K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4276 | −0.381% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4283 | −0.217% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.282% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4291 | −0.028% | $23K | $508K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4388 | +2.235% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4286 | −0.135% | $260K | $1.3M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4291 | −0.018% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0168% | 1h | 0.4298 | +0.147% | $877K | $246K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0216% | 1h | 0.4290 | −0.049% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4287 | −0.123% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4288 | −0.093% | $299K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0392% | 1h | 0.4292 | long leg | $1.2M | $678K | 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
Aevo LDO-PERP
Lighter LDO
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP