Funding you earn now, next payment 03:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.016%
Price spread now: GMX against BingX+0.028%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.028% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4322 | 0.0100 | pay 0.0100% / 8h | 5h 16m | — | $10.0M | — |
| Short | GMX LDO/USD [ETH-USDC] | 0.4323 | L +0.0320% / S −0.0201% | get 0.0025% / 1h | 16m 28s | $24K | — | 100x |
BingX LDO-USDT
GMX LDO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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: +0.028% → 0.000%
- $2.78
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $2.04
- Costs to cover
- 0.220%
- Break-even
- 6.3 days
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago | 3.47 bp | 14.0 bp −$14 | 25.3 bp −$253 | 203.1 bp −$20.3K | 418.3 bp −$209.1K |
| 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 | −0.0512% | 1h | 0.4304 | −0.416% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4320 | −0.046% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.905% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4327 | +0.116% | $917K | $256K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4320 | −0.037% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4325 | +0.079% | $11.8M | $3.3M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4326 | +0.089% | $170K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4324 | +0.042% | $111K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4324 | +0.046% | $18.1M | $31.2M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4316 | −0.139% | $16.2M | $10.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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 | 0.4316 | −0.139% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4324 | +0.046% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4323 | +0.023% | $7.9M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4323 | +0.023% | $2.8M | $3.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4323 | +0.023% | $3.4M | $3.2M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4322 | long leg | — | $10.0M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4323 | +0.030% | $94K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4316 | −0.146% | $203K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.073% | $308K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4320 | −0.046% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4324 | +0.051% | $23K | $540K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4423 | +2.337% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4316 | −0.147% | $259K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4319 | −0.059% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0213% | 1h | 0.4325 | +0.069% | $8K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0320% / S −0.0201% | 1h | 0.4323 | +0.028% | $24K | — | 100x | |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4320 | −0.057% | $301K | — | 15x | as long as short |
| Lighter LDO | +0.0448% | 1h | 0.4332 | +0.231% | $879K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0571% | 1h | 0.4325 | +0.073% | $1.2M | $678K | 50x | as long as short |
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
Deribit LDO_USDC-PERPETUAL
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD