Funding you earn now, next payment 23:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h +0.021%
Price spread now: Aster against Kraken Futures−0.002%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−$114as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 5 days (all we have)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.002%, 7d avg −0.008%
=Together, before fees+0.042%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.036% in total (about 2.5% 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 | Kraken Futures PF_LDOUSD | 0.4339 | 0.0296 | pay 0.0037% / 1h | 15m 46s | $1.1M | $539K | 50x |
| Short | Aster LDOUSDT | 0.4339 | 0.0100 | get 0.0100% / 8h | 1h 15m | $171K | $152K | 10x |
Kraken Futures PF_LDOUSD
Aster LDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$41.12
- Price spread: −0.002% → −0.008%
- $0.64
- Slippage, 4 orders
- −$96.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$155.43
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Aster: live order book, just now.
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 Kraken Futures live order book, 3 min ago | 5.77 bp | 25.8 bp −$26 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell Aster live order book, just now | 10.37 bp | 20.5 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERP | −0.0851% | 1h | 0.4110 | −5.279% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4341 | +0.044% | $118K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4334 | −0.108% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4340 | +0.021% | $3K | $10K | 25x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4333 | −0.148% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4345 | +0.139% | $12.2M | $4.0M | 5x | as long as short |
| Aster LDOUSDTshort | +0.0100% | 8h | 0.4339 | −0.002% | $171K | $152K | 10x | |
| Pacifica LDO | +0.0100% | 1h | 0.4335 | −0.084% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4339 | −0.011% | $18.0M | $37.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4334 | −0.117% | $16.5M | $12.9M | 50x | as long as short |
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Paradex LDO-USD-PERP
Hyperliquid LDO
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 | 0.4334 | −0.117% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4336 | −0.071% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4337 | −0.048% | $8.5M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4337 | −0.048% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4335 | −0.094% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4335 | −0.094% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4337 | −0.041% | $86K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4332 | −0.164% | $203K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4334 | −0.116% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.021% | $35K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4340 | +0.017% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4442 | +2.372% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4333 | −0.137% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4339 | −0.002% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0112% | 8h | 0.4331 | −0.186% | $787K | $224K | 75x | as long as short |
| Lighter LDO | +0.0280% | 1h | 0.4347 | +0.185% | $882K | $268K | 10x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0296% | 1h | 0.4339 | long leg | $1.1M | $539K | 50x | |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4339 | +0.005% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0334% | 1h | 0.4335 | −0.094% | $302K | — | 15x | 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
BloFin LDO-USDT
Lighter LDO
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP