Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.021%
Price spread now: GMX against Binance−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LDOUSDT | 0.4228 | 0.0100 | pay 0.0100% / 8h | 1h 38m | $17.7M | $30.9M | 75x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4228 | L +0.0318% / S −0.0201% | get 0.0025% / 1h | 38m 55s | $23K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $21.26
- Price spread: −0.008% → 0.000%
- −$0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1.49
- Costs to cover
- 0.220%
- Break-even
- 7.5 days
Slippage unknown: Binance: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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 Binance live order book, 3 min ago | 1.18 bp | 11.1 bp −$11 | 26.1 bp −$261 | 229.1 bp −$22.9K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.4206 | −0.527% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4230 | +0.040% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4227 | −0.030% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.798% | $4K | $11 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4236 | +0.187% | $854K | $270K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4220 | −0.194% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4229 | +0.019% | $11.5M | $3.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4230 | +0.030% | $166K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4222 | −0.147% | $106K | $28K | 10x | as long as short |
| Binance LDOUSDTlong | +0.0100% | 8h | 0.4228 | long leg | $17.7M | $30.9M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4223 | −0.125% | $16.0M | $10.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4226 | −0.054% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4226 | −0.054% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4227 | −0.030% | $6.7M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4229 | +0.017% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4226 | −0.054% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4226 | −0.054% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4227 | −0.040% | $89K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4223 | −0.131% | $197K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4228 | −0.007% | $302K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +0.040% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4227 | −0.042% | $22K | $370K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4324 | +2.264% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4225 | −0.067% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4227 | −0.034% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0127% | 8h | 0.4228 | −0.007% | $894K | $258K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0318% / S −0.0201% | 1h | 0.4228 | −0.008% | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4222 | −0.146% | $294K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0380% | 1h | 0.4230 | +0.032% | $1.1M | $680K | 50x | as long as short |
Binance LDOUSDT
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
Extended LDO-USD
BloFin LDO-USDT
Kraken Futures PF_LDOUSD