Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.013%
Price spread now: Kraken Futures against Pacifica−0.200%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.200%, 7d avg +0.040%
=Together, before fees+0.152%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.240% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of +0.040%). If the spread goes back, that is −$24 on $10k: about 6.4 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.099%, 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 | Pacifica LDO | 0.4206 | 0.0100 | pay 0.0013% / 1h | 19m 38s | $106K | $28K | 10x |
| Short | Kraken Futures PF_LDOUSD | 0.4197 | 0.0226 | get 0.0028% / 1h | 19m 38s | $1.1M | $729K | 50x |
Pacifica LDO
Kraken Futures PF_LDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Pacifica. 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
- $26.42
- Price spread: −0.200% → +0.040%
- −$23.99
- Slippage, 4 orders
- −$54.11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$69.68
- Costs to cover
- 0.721%
- Break-even
- 25.5 days
Slippage from Pacifica: live order book, 18 min ago; Kraken Futures: live order book, 4 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 Pacifica live order book, 18 min ago | 8.35 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.96 bp | 17.1 bp −$17 | 117.0 bp −$1,170 | 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 | 0.4178 | −0.654% | $116K | $39K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4203 | −0.053% | $81K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4199 | −0.155% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.271% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4204 | −0.028% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4208 | +0.061% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4204 | −0.033% | $165K | $91K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4206 | long leg | $106K | $28K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4206 | +0.011% | $17.7M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4203 | −0.060% | $16.1M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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 | 0.4206 | +0.011% | $4.0M | $6.6M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4204 | −0.036% | $1.4M | $1.2M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4205 | −0.012% | $6.6M | $5.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4204 | −0.036% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4205 | −0.012% | $3.2M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4206 | +0.011% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4200 | −0.138% | $88K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4192 | −0.327% | $200K | $66K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4187 | −0.440% | $294K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4190 | −0.369% | $31K | $633K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4202 | −0.091% | $24K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4298 | +2.199% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4203 | −0.051% | $252K | $1.4M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4198 | −0.178% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0106% | 8h | 0.4197 | −0.203% | $891K | $257K | 75x | as long as short |
| Kraken Futures PF_LDOUSDshort | +0.0226% | 1h | 0.4197 | −0.200% | $1.1M | $729K | 50x | |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4200 | −0.132% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0346% | 1h | 0.4196 | −0.230% | $293K | — | 15x | as long as short |
| Lighter LDO | +0.0376% | 1h | 0.4213 | +0.175% | $849K | $271K | 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
BloFin LDO-USDT
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO