Funding you earn now, next payment 09:00 UTC+0.0469%/8h= +51.4% APRpaid last 24h +0.010%
Price spread now: OKX against Kraken Futures+0.051%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$810.805% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.051%, 7d avg −0.107%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and OKX is 0.158% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment. 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 | 0.4201 | −0.0369 | get 0.0046% / 1h | 46m 52s | $1.1M | $732K | 50x |
| Short | OKX LDO-USDT-SWAP | 0.4203 | 0.0100 | get 0.0100% / 8h | 7h 46m | $4.0M | $6.6M | 50x |
Kraken Futures PF_LDOUSD
OKX LDO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $98.57
- Price spread: +0.051% → −0.107%
- $15.8
- Slippage, 4 orders
- −$60.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $33.86
- Costs to cover
- 0.805%
- Break-even
- 4.6 days
Slippage from Kraken Futures: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 8.33 bp | 28.4 bp −$28 | 132.2 bp −$1,322 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.38 bp | 20.2 bp −$20 | 67.6 bp −$676 | 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 | −0.0952% | 1h | 0.4195 | −0.140% | $117K | $39K | 50x | as long as short |
| Kraken Futures PF_LDOUSDlong | −0.0369% | 1h | 0.4201 | long leg | $1.1M | $732K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4203 | +0.058% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4201 | +0.003% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.163% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0084% | 8h | 0.4202 | +0.027% | $885K | $257K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4203 | +0.059% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4204 | +0.084% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4205 | +0.091% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4205 | +0.103% | $106K | $29K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4203 | +0.051% | $17.6M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4200 | −0.020% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAPshort | +0.0100% | 8h | 0.4203 | +0.051% | $4.0M | $6.6M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4203 | +0.051% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4203 | +0.051% | $6.7M | $5.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4202 | +0.027% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4198 | −0.068% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4204 | +0.075% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4200 | −0.011% | $89K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4195 | −0.144% | $199K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4198 | −0.076% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4200 | −0.020% | $31K | $634K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4205 | +0.099% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4297 | +2.289% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4199 | −0.046% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4202 | +0.031% | $37K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4200 | −0.015% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4201 | 0.000% | $293K | — | 15x | as long as short |
| Lighter LDO | +0.0352% | 1h | 0.4209 | +0.187% | $848K | $272K | 10x | as long as short |
Binance LDOUSDT
Bybit LDOUSDT
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
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO