Settings8H · net · $10k
Funding arb · Price arb /

LDO

all LDO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h −0.008%
Price spread now: Kraken Futures against SunX−2.223%7-day average −2.244% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now −2.223%, 7d avg −2.244%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Kraken Futures is 0.021% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −2.244%. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LDO-USDT0.43570.0100pay 0.0100% / 8h2h 02m$2K$1.2M20x
ShortKraken Futures PF_LDOUSD0.42600.0593get 0.0074% / 1h2m 21s$1.1M$661K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$103.58
Price spread: −2.223% → −2.244%
$2.15
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$87.72
Costs to cover
0.180%
Break-even
1.1 days
Slippage unknown: SunX: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 1 min ago249.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago8.23 bp17.3 bp −$17104.7 bp −$1,047doesn't fitdoesn't fit

LDO on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LDO-PERP-INTX−0.0464%1h0.4192−3.787%$117K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4253−2.382%$82K$5K5xas long as short
Deribit LDO_USDC-PERPETUAL0.0000%1h0.4257−2.295%$7K$20K25xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−5.669%$4K$1112xas long as short
BloFin LDO-USDT+0.0096%8h0.4255−2.341%$888K$260K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4253−2.378%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4260−2.226%$11.6M$3.1M5xas long as short
Aster LDOUSDT+0.0100%8h0.4258−2.277%$168K$91K10xas long as short
Pacifica LDO+0.0100%1h0.4256−2.329%$107K$28K10xas long as short
Binance LDOUSDT+0.0100%8h0.4258−2.277%$17.8M$31.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LDOUSDT+0.0100%8h0.4256−2.318%$16.1M$10.2M50xas long as short
OKX LDO-USDT-SWAP+0.0100%8h0.4256−2.318%$4.0M$6.8M50xas long as short
Gate LDO_USDT+0.0100%8h0.4256−2.318%$1.4M$1.1M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4256−2.318%$7.1M$5.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4256−2.318%$2.7M$3.5M50xas long as short
Bitget LDOUSDT+0.0100%8h0.4256−2.318%$3.3M$3.1M75xas long as short
BingX LDO-USDT+0.0100%8h0.4257−2.295%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4257−2.293%$90K$181K10xas long as short
Variational Omni LDO+0.0100%8h0.4254−2.358%$198K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4254−2.361%$303K$3.5M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4260−2.226%$32K$637K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4259−2.258%$22K$375K5xas long as short
SunX LDO-USDTlong+0.0100%8h0.4357long leg$2K$1.2M20x
Extended LDO-USD+0.0104%1h0.4253−2.376%$259K$1.2M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4257−2.286%$38K3xas long as short
Lighter LDO+0.0232%1h0.4265−2.118%$860K$267K10xas long as short
GMX LDO/USD [ETH-USDC]L +0.0319% / S −0.0201%1h0.4257−2.297%$23K100xas long as short
Reya LDORUSDPERP+0.0343%1h0.4254−2.359%$297K15xas long as short
Kraken Futures PF_LDOUSDshort+0.0593%1h0.4260−2.223%$1.1M$661K50x