LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0319%/8h= −34.9% APRnext payment −$0.40 per $10,000 · paid last 24h −0.078%

Price spread now: dYdX against GMX+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

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 pays, funding is against you. dYdX is 0.044% dearer against GMX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LDO/USD [ETH-USDC]	0.4330	L +0.0319% / S −0.0201%	pay 0.0040% / 1h	34m 23s	$24K	—	100x
Short	dYdX LDO-USD	0.4331	0	get 0.0000% / 1h	34m 23s	$84K	$17K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee dYdXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$67.01
Price spread: +0.044% → 0.000%: $4.38
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$84.62
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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
Injective LDO/USDC PERP	−0.0851%	1h	0.4110	−5.071%	$4K	$14	12x	as long as short
Coinbase International LDO-PERP-INTX	−0.0600%	1h	0.4304	−0.590%	$117K	$55K	50x	as long as short
dYdX LDO-USDshort	0.0000%	1h	0.4331	+0.044%	$84K	$17K	5x
Deribit LDO_USDC-PERPETUAL	0.0000%	1h	0.4333	+0.080%	$3K	$10K	25x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4327	−0.062%	$3K	$56	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4330	+0.022%	$12.2M	$4.0M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4329	−0.013%	$170K	$152K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4331	+0.034%	$111K	$178K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4330	+0.011%	$18.0M	$38.4M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4325	−0.105%	$16.5M	$13.3M	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4326	−0.082%	$4.1M	$9.2M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4327	−0.059%	$1.4M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4327	−0.059%	$8.6M	$7.6M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4326	−0.082%	$2.8M	$4.3M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4327	−0.059%	$3.4M	$3.8M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4327	−0.059%	—	$3.8M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4331	+0.027%	$85K	$182K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4333	+0.080%	$203K	$84K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4340	+0.243%	$306K	$3.5M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4340	+0.242%	$35K	$647K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4327	−0.066%	$23K	$736K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4434	+2.413%	$2K	$1.5M	20x	as long as short
BloFin LDO-USDT	+0.0101%	8h	0.4331	+0.034%	$784K	$225K	75x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4327	−0.059%	$260K	$1.0M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4333	+0.069%	$38K	—	3x	as long as short
Lighter LDO	+0.0176%	1h	0.4343	+0.318%	$881K	$267K	10x	as long as short
Kraken Futures PF_LDOUSD	+0.0296%	1h	0.4336	+0.139%	$1.1M	$563K	50x	as long as short
GMX LDO/USD [ETH-USDC]long	L +0.0319% / S −0.0201%	1h	0.4330	long leg	$24K	—	100x
Reya LDORUSDPERP	+0.0333%	1h	0.4322	−0.179%	$301K	—	15x	as long as short