Funding you earn now, next payment 00:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.019%
Price spread now: Gate against Kraken Futures−0.111%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.111%, 7d avg −0.084%
=Funding pays, the price is against you. Gate is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.084%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4304 | 0.0026 | pay 0.0003% / 1h | 5m 48s | $1.1M | $527K | 50x |
| Short | Gate LDO_USDT | 0.4299 | 0.0100 | get 0.0100% / 8h | 5m 48s | $1.4M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $15.45
- Price spread: −0.111% → −0.084%
- −$2.7
- Slippage, 4 orders
- −$75.99
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$88.24
- Costs to cover
- 1.010%
- Break-even
- 47.0 days
Slippage from Kraken Futures: live order book, 3 min ago; Gate: 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 Kraken Futures live order book, 3 min ago | 8.13 bp | 23.2 bp −$23 | 89.7 bp −$897 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.65 bp | 26.7 bp −$27 | 166.0 bp −$1,660 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.5000% | 1h | 0.4110 | −4.503% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4312 | +0.191% | $117K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | −0.088% | $83K | $17K | 5x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0026% | 1h | 0.4304 | long leg | $1.1M | $527K | 50x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4295 | −0.206% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4304 | −0.007% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4306 | +0.043% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4300 | −0.082% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4302 | −0.035% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4298 | −0.135% | $16.3M | $12.5M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4297 | −0.158% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4299 | −0.111% | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4299 | −0.111% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4302 | −0.042% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4300 | −0.088% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4302 | −0.042% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4301 | −0.062% | $86K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4296 | −0.183% | $201K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4299 | −0.114% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | −0.088% | $34K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4301 | −0.065% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4400 | +2.235% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4299 | −0.119% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4300 | −0.092% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4301 | −0.065% | $786K | $219K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4300 | −0.088% | $3K | $10K | 25x | as long as short |
| Lighter LDO | +0.0304% | 1h | 0.4310 | +0.154% | $875K | $269K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4299 | −0.113% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4297 | −0.165% | $300K | — | 15x | as long as short |
Kraken Futures PF_LDOUSD
Gate LDO_USDT
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
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
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
Lighter LDO
GMX LDO/USD [ETH-USDC]