Funding you earn now, next payment 22:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against Aster−0.073%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 5 days (all we have)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.073%, 7d avg +0.008%
=Together, before fees−0.026%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.081% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.032% in total (about -2.2% 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 | Aster LDOUSDT | 0.4284 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $169K | $149K | 10x |
| Short | Kraken Futures PF_LDOUSD | 0.4281 | −0.0332 | pay 0.0042% / 1h | 4m 44s | $1.1M | $564K | 50x |
Aster LDOUSDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- −$90.81
- Price spread: −0.073% → +0.008%
- −$8.11
- Slippage, 4 orders
- −$110.03
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$226.95
- Costs to cover
- 1.280%
- Break-even
- never at this rate
Slippage from Aster: live order book, 16 min ago; Kraken Futures: live order book, 4 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 Aster live order book, 16 min ago | 8.02 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 13.83 bp | 29.8 bp −$30 | doesn't fit | 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 | −0.0688% | 1h | 0.4290 | +0.138% | $116K | $54K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0450% | 1h | 0.4280 | −0.096% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSDshort | −0.0332% | 1h | 0.4281 | −0.073% | $1.1M | $564K | 50x | |
| dYdX LDO-USD | +0.0014% | 1h | 0.4332 | +1.111% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −0.329% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0096% | 8h | 0.4283 | −0.026% | $787K | $226K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4303 | +0.437% | $872K | $266K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4318 | +0.786% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | +0.184% | $11.8M | $3.8M | 5x | as long as short |
| Aster LDOUSDTlong | +0.0100% | 8h | 0.4284 | long leg | $169K | $149K | 10x |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4321 | +0.861% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4290 | +0.130% | $17.9M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4286 | +0.044% | $16.3M | $13.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4286 | +0.044% | $4.0M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | +0.021% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4289 | +0.114% | $8.5M | $7.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4289 | +0.114% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4286 | +0.044% | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4285 | +0.021% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4282 | −0.047% | $85K | $185K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4321 | +0.868% | $202K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4334 | +1.160% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +1.071% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4320 | +0.847% | $22K | $739K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4421 | +3.196% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4285 | +0.028% | $256K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | +0.034% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4305 | +0.482% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4315 | +0.718% | $301K | — | 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
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
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP