LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0361%/8h= +39.5% APRnext payment +$0.45 per $10,000 · paid last 24h −0.309%

Price spread now: Injective against Kraken Futures−1.764%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.260%−$126 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 1.764% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −1.764% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$176 on $10k: about 16 days of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −1.260%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LDOUSD	0.4347	−0.0327	get 0.0041% / 1h	26m 38s	$1.1M	$556K	50x
Short	Injective LDO/USDC PERP	0.4270	0.0033	get 0.0004% / 1h	26m 38s	$4K	$11	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee InjectivebpOrdersPrice spread, now −1.764%Rate

Funding earned: $75.75
Price spread: −1.764% → 0.000%: −$176.38
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$110.65
Costs to cover: 0.100%
Break-even: 17.2 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; Injective: 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, 2 min ago	11.52 bp	27.9 bp −$28	105.0 bp −$1,050	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−1.304%	$116K	$54K	50x	as long as short
Kraken Futures PF_LDOUSDlong	−0.0327%	1h	0.4347	long leg	$1.1M	$556K	50x
Deribit LDO_USDC-PERPETUAL	0.0000%	1h	0.4344	−0.061%	$3K	$10K	25x	as long as short
dYdX LDO-USD	+0.0022%	1h	0.4359	+0.281%	$84K	$17K	5x	as long as short
Injective LDO/USDC PERPshort	+0.0033%	1h	0.4270	−1.764%	$4K	$11	12x
BloFin LDO-USDT	+0.0087%	8h	0.4347	+0.008%	$793K	$230K	75x	as long as short
Lighter LDO	+0.0096%	1h	0.4373	+0.615%	$887K	$264K	10x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4356	+0.223%	$3K	$56	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4362	+0.362%	$12.1M	$3.6M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4359	+0.292%	$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	0.4361	+0.335%	$112K	$182K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4361	+0.329%	$18.2M	$38.0M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4356	+0.215%	$16.9M	$12.9M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4355	+0.192%	$4.1M	$9.2M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4358	+0.261%	$1.4M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4360	+0.307%	$8.8M	$7.6M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4360	+0.307%	$2.9M	$4.3M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4356	+0.215%	$3.4M	$3.7M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4358	+0.261%	—	$3.9M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4359	+0.279%	$87K	$186K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4332	−0.330%	$202K	$89K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4333	−0.314%	$308K	$3.5M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4330	−0.383%	$35K	$648K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4344	−0.064%	$34K	$697K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4444	+2.239%	$2K	$1.5M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4355	+0.198%	$260K	$1.0M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4342	−0.107%	$38K	—	3x	as long as short
GMX LDO/USD [ETH-USDC]	L +0.0320% / S −0.0201%	1h	0.4344	−0.070%	$24K	—	100x	as long as short
Reya LDORUSDPERP	+0.0332%	1h	0.4340	−0.150%	$303K	—	15x	as long as short