Funding you earn now, next payment 20:00 UTC−0.0358%/8hnext payment −$0.45 per $10,000 · paid last 24h −0.011%
Price spread now: Kraken Futures against Extended+0.195%7-day average +0.152% · 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−$79as in the Price arb table
costs, in and out, $10k−$830.830% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.195%, 7d avg +0.152%
=Together, before fees−0.106%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.043% dearer against Extended than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.152%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.037% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.45 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 | Extended LDO-USD | 0.4333 | 0.0104 | pay 0.0013% / 1h | 25m 13s | $259K | $1.0M | 25x |
| Short | Kraken Futures PF_LDOUSD | 0.4341 | −0.0254 | pay 0.0032% / 1h | 25m 13s | $1.1M | $532K | 50x |
Extended LDO-USD
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$75.12
- Price spread: +0.195% → +0.152%
- $4.33
- Slippage, 4 orders
- −$68.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$153.8
- Costs to cover
- 0.830%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Kraken Futures: live order book, 3 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 Extended live order book, 2 min ago | 5.78 bp | 17.7 bp −$18 | 100.4 bp −$1,004 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 9.24 bp | 26.8 bp −$27 | 155.0 bp −$1,550 | 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 | −0.1112% | 1h | 0.4296 | −0.853% | $116K | $52K | 50x | as long as short |
| Kraken Futures PF_LDOUSDshort | −0.0254% | 1h | 0.4341 | +0.195% | $1.1M | $532K | 50x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4337 | +0.093% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0007% | 1h | 0.4326 | −0.161% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.453% | $4K | $28K | 12x | as long as short |
| Backpack LDO_USDC_PERP | +0.0037% | 1h | 0.4340 | +0.153% | $86K | $196K | 10x | as long as short |
| BloFin LDO-USDT | +0.0075% | 8h | 0.4340 | +0.162% | $805K | $216K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4327 | −0.148% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4344 | +0.248% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4332 | −0.025% | $166K | $146K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
Backpack LDO_USDC_PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4331 | −0.045% | $111K | $182K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4340 | +0.160% | $18.1M | $38.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4336 | +0.070% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4335 | +0.047% | $4.0M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4338 | +0.116% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4339 | +0.139% | $9.2M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4337 | +0.093% | $2.7M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4337 | +0.093% | $3.3M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4338 | +0.116% | — | $3.9M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4319 | −0.311% | $202K | $125K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4327 | −0.138% | $309K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | −0.069% | $33K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4334 | +0.026% | $23K | $692K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4432 | +2.286% | $1K | $1.5M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4333 | long leg | $259K | $1.0M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4336 | +0.069% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0280% | 1h | 0.4349 | +0.375% | $884K | $260K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0315% / S −0.0197% | 1h | 0.4335 | +0.051% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0330% | 1h | 0.4329 | −0.086% | $302K | — | 15x | as long as short |
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP