Funding you earn now, next payment 08:00 UTC−0.0125%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.013%
Price spread now: Pacifica against Kraken Futures+0.103%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.103%, 7d avg −0.040%
=Together, before fees−0.055%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.143% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.040%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4220 | 0.0225 | pay 0.0028% / 1h | 42m 47s | $1.1M | $711K | 50x |
| Short | Pacifica LDO | 0.4224 | 0.0100 | get 0.0013% / 1h | 42m 47s | $107K | $28K | 10x |
Kraken Futures PF_LDOUSD
Pacifica LDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$26.17
- Price spread: +0.103% → −0.040%
- $14.26
- Slippage, 4 orders
- −$53.3
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$83.21
- Costs to cover
- 0.713%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Pacifica: live order book, 60 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, 1 min ago | 5.93 bp | 24.6 bp −$25 | 99.6 bp −$996 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 60 min ago | 9.46 bp | 18.7 bp −$19 | doesn't fit | 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 | −0.0920% | 1h | 0.4180 | −0.937% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4225 | +0.133% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4221 | +0.035% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.596% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4222 | +0.048% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4225 | +0.137% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4224 | +0.099% | $166K | $92K | 10x | as long as short |
| Pacifica LDOshort | +0.0100% | 1h | 0.4224 | +0.103% | $107K | $28K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4220 | +0.023% | $17.7M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4218 | −0.036% | $16.0M | $9.8M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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 | 0.4218 | −0.036% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4220 | +0.011% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4221 | +0.035% | $6.6M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4222 | +0.058% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4220 | +0.011% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4220 | +0.011% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4220 | +0.021% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4220 | +0.003% | $201K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4216 | −0.085% | $300K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4220 | +0.011% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4228 | +0.189% | $22K | $371K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4323 | +2.452% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0102% | 8h | 0.4219 | −0.013% | $890K | $258K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4218 | −0.040% | $257K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4220 | +0.023% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0225% | 1h | 0.4220 | long leg | $1.1M | $711K | 50x | |
| Lighter LDO | +0.0232% | 1h | 0.4229 | +0.217% | $852K | $270K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4222 | +0.063% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0345% | 1h | 0.4222 | +0.060% | $294K | — | 15x | as long as short |
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
BloFin LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP