Funding you earn now, next payment 01:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h −0.021%
Price spread now: Kraken Futures against BloFin+0.142%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.142%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.103% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LDO-USDT | 0.4303 | 0.0079 | pay 0.0079% / 8h | 7h 02m | $915K | $210K | 75x |
| Short | Kraken Futures PF_LDOUSD | 0.4309 | 0.0197 | get 0.0025% / 1h | 2m 45s | $1.1M | $516K | 50x |
BloFin LDO-USDT
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $24.77
- Price spread: +0.142% → +0.039%
- $10.26
- Slippage, 4 orders
- −$55.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$42.56
- Costs to cover
- 0.776%
- Break-even
- 19.0 days
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: live order book, 1 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 BloFin live order book, 4 min ago | 4.61 bp | 13.7 bp −$14 | 28.0 bp −$280 | 93.3 bp −$9,327 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 13.93 bp | 24.0 bp −$24 | 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 | −0.0752% | 1h | 0.4323 | +0.465% | $118K | $44K | 50x | as long as short |
| dYdX LDO-USD | +0.0024% | 1h | 0.4310 | +0.170% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.485% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDTlong | +0.0079% | 8h | 0.4303 | long leg | $915K | $210K | 75x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4300 | −0.075% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4310 | +0.163% | $11.9M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4308 | +0.126% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4307 | +0.093% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4310 | +0.157% | $18.1M | $36.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4299 | −0.093% | $16.3M | $11.4M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4299 | −0.093% | $4.0M | $8.4M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4303 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4304 | +0.023% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4303 | 0.000% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4297 | −0.139% | $3.3M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4301 | −0.046% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4308 | +0.109% | $89K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4322 | +0.435% | $203K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.511% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +0.627% | $35K | $643K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4309 | +0.130% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4407 | +2.417% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4296 | −0.174% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4308 | +0.116% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0197% | 1h | 0.4309 | +0.142% | $1.1M | $516K | 50x | |
| Deribit LDO_USDC-PERPETUAL | +0.0214% | 1h | 0.4309 | +0.139% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4308 | +0.106% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4304 | +0.019% | $300K | — | 15x | as long as short |
| Lighter LDO | +0.0536% | 1h | 0.4316 | +0.304% | $876K | $267K | 10x | as long as short |
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
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO