Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against OKX−0.043%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.043%, 7d avg +0.112%
=Funding pays, the price is against you. Kraken Futures is 0.155% cheaper against OKX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.112%). If the spread goes back, that is −$16 on $10k: about 5.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.121%, 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 | OKX LDO-USDT-SWAP | 0.4318 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $4.1M | $9.2M | 50x |
| Short | Kraken Futures PF_LDOUSD | 0.4316 | 0.0197 | get 0.0025% / 1h | 56m 50s | $1.1M | $527K | 50x |
OKX LDO-USDT-SWAP
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $20.29
- Price spread: −0.043% → +0.112%
- −$15.52
- Slippage, 4 orders
- −$63.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$78.82
- Costs to cover
- 0.836%
- Break-even
- 34.2 days
Slippage from OKX: live order book, 1 min ago; Kraken Futures: live order book, 2 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 OKX live order book, 1 min ago | 1.16 bp | 15.9 bp −$16 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 9.28 bp | 21.3 bp −$21 | 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 | −0.0752% | 1h | 0.4322 | +0.093% | $118K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4313 | −0.107% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4314 | −0.093% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.817% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDT | +0.0094% | 8h | 0.4315 | −0.069% | $791K | $223K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4312 | −0.130% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4326 | +0.183% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4322 | +0.082% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4313 | −0.112% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4322 | +0.098% | $18.2M | $38.1M | 75x | 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 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 | 0.4319 | +0.023% | $16.4M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAPlong | +0.0100% | 8h | 0.4318 | long leg | $4.1M | $9.2M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4316 | −0.046% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4320 | +0.046% | $8.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4319 | +0.023% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4321 | +0.069% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4320 | +0.046% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4318 | −0.012% | $87K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4304 | −0.326% | $201K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4312 | −0.135% | $304K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | −0.185% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4316 | −0.044% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4418 | +2.316% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4315 | −0.060% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4315 | −0.071% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0197% | 1h | 0.4316 | −0.043% | $1.1M | $527K | 50x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4316 | −0.036% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0336% | 1h | 0.4311 | −0.157% | $301K | — | 15x | as long as short |
| Lighter LDO | +0.0464% | 1h | 0.4324 | +0.148% | $878K | $267K | 10x | as long as short |
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