Funding you earn now, next payment 07:00 UTC+0.0275%/8h= +30.1% APRnext payment +$0.34 per $10,000 · paid last 24h −0.011%
Price spread now: Kraken Futures against Extended+0.149%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.149%, 7d avg +0.149%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.149%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 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 | Extended LDO-USD | 0.4230 | 0.0104 | pay 0.0013% / 1h | 46m 47s | $254K | $1.2M | 25x |
| Short | Kraken Futures PF_LDOUSD | 0.4236 | 0.0379 | get 0.0047% / 1h | 46m 47s | $1.1M | $656K | 50x |
Extended LDO-USD
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $57.8
- Price spread: +0.149% → +0.149%
- −$0.02
- Slippage, 4 orders
- −$68.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$25.68
- Costs to cover
- 0.835%
- Break-even
- 10.1 days
Slippage from Extended: live order book, 1 min ago; Kraken Futures: live order book, 2 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 Extended live order book, 1 min ago | 4.72 bp | 17.1 bp −$17 | 79.4 bp −$794 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.08 bp | 21.1 bp −$21 | 95.6 bp −$956 | 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 | −0.0648% | 1h | 0.4218 | −0.286% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4244 | +0.331% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4235 | +0.116% | $7K | $20K | 25x | as long as short |
| Backpack LDO_USDC_PERP | +0.0014% | 1h | 0.4233 | +0.059% | $89K | $181K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.839% | $4K | $11 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4242 | +0.286% | $855K | $269K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4234 | +0.090% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4237 | +0.163% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4237 | +0.169% | $167K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4239 | +0.211% | $107K | $28K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Backpack LDO_USDC_PERP
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4234 | +0.081% | $17.7M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4228 | −0.049% | $16.0M | $10.1M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4229 | −0.026% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4239 | +0.211% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4234 | +0.093% | $6.9M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4234 | +0.093% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4228 | −0.049% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4233 | +0.069% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4239 | +0.206% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4242 | +0.290% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.471% | $32K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4239 | +0.208% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4333 | +2.433% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4230 | long leg | $254K | $1.2M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4234 | +0.084% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0108% | 8h | 0.4239 | +0.211% | $894K | $259K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4237 | +0.155% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4233 | +0.078% | $295K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0379% | 1h | 0.4236 | +0.149% | $1.1M | $656K | 50x |
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Aevo LDO-PERP
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP