LDO

Alert

Funding spread now, next payment 19:00 UTC+0.0465%/8h

next payment, per $10,000+$0.58paid, last 24h−0.047%paid, last 5 days−0.188%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.188% in total (about -14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 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	Kraken Futures PF_LDOUSD	0.4298	−0.0465	get 0.0058% / 1h	55m 08s	$1.1M	$564K	50x
Short	Deribit LDO_USDC-PERPETUAL	0.4300	0	get 0.0000% / 1h	55m 08s	$3K	$10K	25x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee DeribitbpOrdersRate

Funding earned: $97.64
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $80.64
Break-even: 1.2 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.045%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago	11.67 bp	21.9 bp −$22	88.8 bp −$888	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 28 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective LDO/USDC PERP	−0.5000%	1h	$4K	$57K	12x	as long as short
Coinbase International LDO-PERP-INTX	−0.1392%	1h	$112K	$50K	50x	as long as short
Kraken Futures PF_LDOUSDlong	−0.0465%	1h	$1.1M	$564K	50x
Gate LDO_USDT	−0.0030%	8h	$1.4M	$1.1M	50x	as long as short
dYdX LDO-USD	0.0000%	1h	$83K	$17K	5x	as long as short
Deribit LDO_USDC-PERPETUALshort	0.0000%	1h	$3K	$10K	25x
Paradex LDO-USD-PERP	+0.0099%	8h	$3K	$56	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	$12.0M	$3.6M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	$167K	$161K	10x	as long as short
Pacifica LDO	+0.0100%	1h	$110K	$188K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance LDOUSDT	+0.0100%	8h	$17.8M	$39.6M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	$16.6M	$13.5M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	$4.0M	$9.5M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	$9.2M	$7.9M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	$2.7M	$4.3M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	$3.2M	$3.7M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	—	$5.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	$86K	$197K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	$200K	$166K	—	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	$33K	$646K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	$22K	$896K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	$2K	$1.5M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	$258K	$1.0M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	$38K	—	3x	as long as short
BloFin LDO-USDT	+0.0111%	8h	$828K	$212K	75x	as long as short
Lighter LDO	+0.0136%	1h	$875K	$264K	10x	as long as short
GMX LDO/USD [ETH-USDC]	L +0.0310% / S −0.0191%	1h	$23K	—	100x	as long as short
Reya LDORUSDPERP	+0.0328%	1h	$299K	—	15x	as long as short