Funding you earn now, next payment 05:00 UTC+0.0295%/8h= +32.4% APRpaid last 24h −0.003%
Price spread now: Kraken Futures against Paradex+0.162%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.162% dearer against Paradex than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LDO-USD-PERP | 0.4250 | 0.0100 | pay 0.0100% / 8h | 3h 16m | $3K | — | 20x |
| Short | Kraken Futures PF_LDOUSD | 0.4257 | 0.0395 | get 0.0049% / 1h | 16m 29s | $1.1M | $657K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $62.04
- Price spread: +0.162% → 0.000%
- $16.18
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $64.22
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 2 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 9.41 bp | 23.0 bp −$23 | 93.2 bp −$932 | doesn't fit | doesn't fit |
Paradex: 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 | −0.0352% | 1h | 0.4227 | −0.536% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4250 | +0.005% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4252 | +0.052% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.290% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERPlong | +0.0100% | 8h | 0.4250 | long leg | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4254 | +0.089% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4252 | +0.052% | $167K | $93K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4252 | +0.052% | $109K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4252 | +0.052% | $17.9M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4249 | −0.019% | $16.1M | $9.9M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4250 | +0.005% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4251 | +0.028% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4250 | +0.005% | $7.5M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4252 | +0.052% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4251 | +0.028% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4253 | +0.075% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4250 | +0.017% | $91K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4244 | −0.142% | $199K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4244 | −0.135% | $304K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.005% | $32K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4253 | +0.075% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4350 | +2.358% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4250 | +0.006% | $255K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4251 | +0.028% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0105% | 8h | 0.4254 | +0.099% | $912K | $256K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4250 | −0.001% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4249 | −0.028% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0395% | 1h | 0.4257 | +0.162% | $1.1M | $657K | 50x | |
| Lighter LDO | +0.0464% | 1h | 0.4260 | +0.231% | $855K | $268K | 10x | as long as short |
Paradex LDO-USD-PERP
Kraken Futures PF_LDOUSD
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Lighter LDO