Funding you earn now, next payment 09:00 UTC+0.0470%/8h= +51.4% APRpaid last 24h +0.010%
Price spread now: SunX against Kraken Futures+2.318%7-day average +2.246% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +2.318%, 7d avg +2.246%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and SunX is 0.072% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +2.246%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% 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 | 0.4197 | −0.0370 | get 0.0046% / 1h | 48m 52s | $1.1M | $730K | 50x |
| Short | SunX LDO-USDT | 0.4294 | 0.0100 | get 0.0100% / 8h | 7h 48m | $2K | $1.2M | 20x |
Kraken Futures PF_LDOUSD
SunX LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $98.64
- Price spread: +2.318% → +2.246%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $87.85
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; SunX: live order book, 4 min ago. 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 | 11.93 bp | 29.0 bp −$29 | 116.0 bp −$1,160 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 251.46 bp | doesn't fit | 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 | −0.0952% | 1h | 0.4187 | −0.232% | $116K | $39K | 50x | as long as short |
| Kraken Futures PF_LDOUSDlong | −0.0370% | 1h | 0.4197 | long leg | $1.1M | $730K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4194 | −0.060% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4199 | +0.054% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.067% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4194 | −0.070% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4202 | +0.121% | $11.4M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4200 | +0.077% | $165K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4195 | −0.039% | $106K | $29K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4200 | +0.077% | $17.6M | $31.0M | 75x | 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
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4196 | −0.017% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4198 | +0.030% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4196 | −0.017% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4199 | +0.054% | $6.7M | $5.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4199 | +0.054% | $2.6M | $3.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4198 | +0.030% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4199 | +0.054% | — | $10.2M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4199 | +0.042% | $89K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4195 | −0.046% | $199K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4192 | −0.115% | $296K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4190 | −0.160% | $31K | $634K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4198 | +0.030% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDTshort | +0.0100% | 8h | 0.4294 | +2.318% | $2K | $1.2M | 20x | |
| Extended LDO-USD | +0.0104% | 1h | 0.4197 | +0.017% | $251K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4198 | +0.033% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0130% | 8h | 0.4201 | +0.102% | $886K | $257K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0201% | 1h | 0.4197 | +0.016% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4197 | +0.009% | $293K | — | 15x | as long as short |
| Lighter LDO | +0.0416% | 1h | 0.4207 | +0.238% | $848K | $271K | 10x | as long as short |
Bybit LDOUSDT
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
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO