Funding you earn now, next payment 00:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.019%
Price spread now: Gate against Kraken Futures−0.158%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.158%, 7d avg −0.084%
=Funding pays, the price is against you. Gate is 0.074% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of −0.084%). If the spread goes back, that is −$7 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4338 | 0.0026 | pay 0.0003% / 1h | 22m 06s | $1.1M | $526K | 50x |
| Short | Gate LDO_USDT | 0.4331 | 0.0100 | get 0.0100% / 8h | 22m 06s | $1.4M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $15.49
- Price spread: −0.158% → −0.084%
- −$7.36
- Slippage, 4 orders
- −$77.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.75
- Costs to cover
- 1.029%
- Break-even
- 49.8 days
Slippage from Kraken Futures: live order book, 1 min ago; Gate: 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, 1 min ago | 6.93 bp | 21.4 bp −$21 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.46 bp | 30.4 bp −$30 | 174.7 bp −$1,747 | 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 | −0.5000% | 1h | 0.4110 | −5.253% | $4K | $14 | 12x | as long as short |
| Coinbase International LDO-PERP-INTX | −0.1016% | 1h | 0.4341 | +0.073% | $118K | $52K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4330 | −0.181% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4339 | +0.027% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSDlong | +0.0026% | 1h | 0.4338 | long leg | $1.1M | $526K | 50x | |
| BloFin LDO-USDT | +0.0099% | 8h | 0.4330 | −0.181% | $791K | $220K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4332 | −0.134% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4343 | +0.128% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4338 | +0.007% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4329 | −0.212% | $111K | $178K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4339 | +0.019% | $18.1M | $37.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4333 | −0.112% | $16.4M | $12.5M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4334 | −0.089% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDTshort | +0.0100% | 8h | 0.4331 | −0.158% | $1.4M | $1.1M | 50x | |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4337 | −0.020% | $8.3M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4337 | −0.020% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4336 | −0.043% | $3.4M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4337 | −0.020% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4339 | +0.022% | $86K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4331 | −0.158% | $203K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4333 | −0.112% | $307K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | −0.181% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4338 | +0.003% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4436 | +2.263% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4335 | −0.067% | $260K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4338 | +0.007% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0216% | 1h | 0.4345 | +0.169% | $881K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4339 | +0.032% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0335% | 1h | 0.4334 | −0.089% | $302K | — | 15x | as long as short |
Kraken Futures PF_LDOUSD
Gate LDO_USDT
Injective LDO/USDC PERP
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
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
Lighter LDO
GMX LDO/USD [ETH-USDC]