Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against Kraken Futures−0.078%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.078%, 7d avg −0.149%
=Together, before fees−0.045%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.071% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.078% now, against its 7-day average of −0.149%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4211 | 0.0225 | pay 0.0028% / 1h | 12m 41s | $1.1M | $729K | 50x |
| Short | Extended LDO-USD | 0.4208 | 0.0104 | get 0.0013% / 1h | 12m 41s | $252K | $1.4M | 25x |
Kraken Futures PF_LDOUSD
Extended LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$25.43
- Price spread: −0.078% → −0.149%
- $7.06
- Slippage, 4 orders
- −$62.69
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$96.05
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Extended: 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 Kraken Futures live order book, 1 min ago | 7.13 bp | 25.1 bp −$25 | 105.7 bp −$1,057 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.56 bp | 16.1 bp −$16 | 81.4 bp −$814 | 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 | −0.0920% | 1h | 0.4186 | −0.594% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4210 | −0.020% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4215 | +0.095% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.399% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0077% | 8h | 0.4213 | +0.047% | $883K | $257K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4208 | −0.064% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4217 | +0.152% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4213 | +0.046% | $166K | $91K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4212 | +0.034% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4212 | +0.033% | $17.7M | $31.0M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4208 | −0.072% | $16.1M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4211 | 0.000% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4212 | +0.023% | $1.4M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4212 | +0.023% | $6.5M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4213 | +0.047% | $2.6M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4210 | −0.024% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4212 | +0.023% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4211 | −0.010% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4202 | −0.218% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4206 | −0.128% | $299K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4210 | −0.024% | $31K | $632K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4217 | +0.149% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4312 | +2.398% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4208 | −0.078% | $252K | $1.4M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4214 | +0.071% | $37K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0225% | 1h | 0.4211 | long leg | $1.1M | $729K | 50x | |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4205 | −0.148% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4213 | +0.046% | $294K | — | 15x | as long as short |
| Lighter LDO | +0.0392% | 1h | 0.4220 | +0.211% | $851K | $272K | 10x | as long as short |
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
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO