Funding you earn now, next payment 04:00 UTC+0.0393%/8h= +43.0% APRpaid last 24h −0.002%
Price spread now: Kraken Futures against Bitget+0.115%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.115%, 7d avg +0.106%
=The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% 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 | Bitget LDOUSDT | 0.4276 | 0.0100 | pay 0.0100% / 8h | 4h 17m | $3.3M | $3.2M | 75x |
| Short | Kraken Futures PF_LDOUSD | 0.4281 | 0.0493 | get 0.0062% / 1h | 17m 14s | $1.2M | $681K | 50x |
Bitget LDOUSDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $82.51
- Price spread: +0.115% → +0.106%
- $0.91
- Slippage, 4 orders
- −$50.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $10.56
- Costs to cover
- 0.729%
- Break-even
- 6.1 days
Slippage from Bitget: live order book, just now; Kraken Futures: 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 Bitget live order book, just now | 2.34 bp | 14.2 bp −$14 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.85 bp | 20.7 bp −$21 | 71.4 bp −$714 | 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 | −0.0416% | 1h | 0.4262 | −0.327% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4272 | −0.090% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.882% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4273 | −0.067% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4280 | +0.089% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4277 | +0.024% | $168K | $120K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4276 | +0.004% | $110K | $46K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4279 | +0.062% | $18.0M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4274 | −0.047% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4275 | −0.023% | $4.0M | $6.8M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4274 | −0.047% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4278 | +0.047% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4276 | 0.000% | $2.7M | $3.7M | 50x | as long as short |
| Bitget LDOUSDTlong | +0.0100% | 8h | 0.4276 | long leg | $3.3M | $3.2M | 75x | |
| BingX LDO-USDT | +0.0100% | 8h | 0.4275 | −0.023% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4277 | +0.023% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4267 | −0.206% | $201K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4271 | −0.117% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | −0.140% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4279 | +0.061% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4379 | +2.409% | $2K | $1.2M | 20x | as long as short |
| BloFin LDO-USDT | +0.0102% | 8h | 0.4281 | +0.117% | $913K | $253K | 75x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4275 | −0.026% | $257K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4278 | +0.041% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0218% | 1h | 0.4279 | +0.070% | $7K | $20K | 25x | as long as short |
| Lighter LDO | +0.0232% | 1h | 0.4286 | +0.225% | $872K | $266K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4276 | +0.007% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0340% | 1h | 0.4274 | −0.039% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0493% | 1h | 0.4281 | +0.115% | $1.2M | $681K | 50x |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
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
Deribit LDO_USDC-PERPETUAL
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP