Funding you earn now, next payment 06:00 UTC+0.0593%/8h= +65.0% APRnext payment +$0.74 per $10,000 · paid last 24h +0.021%
Price spread now: Kraken Futures against dYdX+0.135%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.135% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.74 per $10,000. 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 | dYdX LDO-USD | 0.4253 | 0 | get 0.0000% / 1h | 3m 21s | $82K | $5K | 5x |
| Short | Kraken Futures PF_LDOUSD | 0.4259 | 0.0593 | get 0.0074% / 1h | 3m 21s | $1.1M | $661K | 50x |
dYdX LDO-USD
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $124.61
- Price spread: +0.135% → 0.000%
- $13.53
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $118.15
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 5 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 10.60 bp | 15.6 bp −$16 | 112.6 bp −$1,126 | doesn't fit | doesn't fit |
dYdX: 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 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 | −0.0464% | 1h | 0.4192 | −1.440% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USDlong | 0.0000% | 1h | 0.4253 | long leg | $82K | $5K | 5x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4257 | +0.089% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.368% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4253 | 0.000% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4259 | +0.124% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4256 | +0.063% | $167K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4255 | +0.032% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4255 | +0.042% | $17.8M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4253 | −0.006% | $16.1M | $10.2M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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 | 0.4253 | −0.006% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4256 | +0.065% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4255 | +0.042% | $7.1M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4255 | +0.042% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4254 | +0.018% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4255 | +0.042% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4254 | +0.016% | $90K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4254 | +0.024% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4254 | +0.021% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | +0.159% | $32K | $637K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4257 | +0.084% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4355 | +2.393% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4254 | +0.011% | $259K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4258 | +0.106% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0106% | 8h | 0.4252 | −0.029% | $883K | $260K | 75x | as long as short |
| Lighter LDO | +0.0240% | 1h | 0.4262 | +0.215% | $859K | $267K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4254 | +0.030% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0343% | 1h | 0.4253 | −0.017% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0593% | 1h | 0.4259 | +0.135% | $1.1M | $661K | 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
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP