Funding you earn now, next payment 02:00 UTC−0.0460%/8h= −50.4% APRpaid last 24h +0.021%
Price spread now: Paradex against Kraken Futures−0.132%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Paradex is 0.132% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4302 | 0.0559 | pay 0.0070% / 1h | 4m 20s | $1.2M | $759K | 50x |
| Short | Paradex LDO-USD-PERP | 0.4296 | 0.0099 | get 0.0099% / 8h | 6h 04m | $3K | — | 20x |
Kraken Futures PF_LDOUSD
Paradex LDO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$96.6
- Price spread: −0.132% → 0.000%
- −$13.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$123.82
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Paradex: 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, 4 min ago | 9.33 bp | 33.2 bp −$33 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 28 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 | −0.0416% | 1h | 0.4259 | −0.991% | $119K | $44K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4290 | −0.271% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4299 | −0.062% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.455% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERPshort | +0.0099% | 8h | 0.4296 | −0.132% | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4303 | +0.027% | $11.8M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4301 | −0.017% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4300 | −0.046% | $110K | $158K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4301 | −0.015% | $18.0M | $32.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4299 | −0.062% | $16.2M | $10.7M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4298 | −0.085% | $4.0M | $7.5M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4301 | −0.015% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4301 | −0.015% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4299 | −0.062% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4299 | −0.062% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4297 | −0.108% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4294 | −0.182% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4288 | −0.323% | $202K | $70K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4277 | −0.573% | $304K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | −0.271% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4303 | +0.020% | $23K | $687K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4402 | +2.333% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4296 | −0.142% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4300 | −0.041% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0288% | 1h | 0.4309 | +0.173% | $875K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4300 | −0.030% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4299 | −0.072% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0559% | 1h | 0.4302 | long leg | $1.2M | $759K | 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
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP