Funding you earn now, next payment 20:00 UTC+0.0354%/8hpaid last 24h +0.007%
Price spread now: BloFin against Kraken Futures+0.103%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 3 days (all we have)−0.197%−$20 · spread now +0.103%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.141% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% 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 | 0.4321 | −0.0255 | get 0.0032% / 1h | 4m 29s | $1.1M | $520K | 50x |
| Short | BloFin LDO-USDT | 0.4325 | 0.0099 | get 0.0099% / 8h | 4h 04m | $803K | $227K | 75x |
Kraken Futures PF_LDOUSD
BloFin LDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $74.3
- Price spread: +0.103% → −0.038%
- $14.13
- Slippage, 4 orders
- −$52.19
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $14.24
- Costs to cover
- 0.742%
- Break-even
- 5.7 days
Slippage from Kraken Futures: live order book, 3 min ago; BloFin: live order book, 26 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 Kraken Futures live order book, 3 min ago | 10.40 bp | 17.3 bp −$17 | 90.4 bp −$904 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 2.31 bp | 18.7 bp −$19 | 30.4 bp −$304 | 74.0 bp −$7,396 | 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 | 0.4317 | −0.082% | $116K | $52K | 50x | as long as short |
| Kraken Futures PF_LDOUSDlong | −0.0255% | 1h | 0.4321 | long leg | $1.1M | $520K | 50x | |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4322 | +0.033% | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.0004% | 1h | 0.4324 | +0.080% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.170% | $4K | $28K | 12x | as long as short |
| BloFin LDO-USDTshort | +0.0099% | 8h | 0.4325 | +0.103% | $803K | $227K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4323 | +0.060% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4330 | +0.228% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4327 | +0.148% | $170K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4325 | +0.111% | $111K | $182K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4326 | +0.130% | $18.0M | $38.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4322 | +0.033% | $16.7M | $12.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4324 | +0.080% | $4.0M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4324 | +0.080% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4326 | +0.126% | $9.1M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4325 | +0.103% | $2.7M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4323 | +0.057% | $3.3M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4325 | +0.103% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4323 | +0.045% | $85K | $193K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4319 | −0.025% | $202K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4323 | +0.068% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.013% | $33K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4327 | +0.158% | $23K | $692K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4422 | +2.348% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4322 | +0.039% | $259K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4323 | +0.045% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0264% | 1h | 0.4334 | +0.307% | $878K | $263K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0317% / S −0.0198% | 1h | 0.4326 | +0.136% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0330% | 1h | 0.4323 | +0.054% | $301K | — | 15x | as long as short |
Binance LDOUSDT
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
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP