Funding you earn now, next payment 02:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.048%
Price spread now: MEXC against GMX+0.102%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
The price spread pays, funding is against you. MEXC is 0.102% dearer against GMX than usual: you sell high and buy low (spread +0.102% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LDO/USD [ETH-USDC] | 0.4303 | L +0.0319% / S −0.0201% | pay 0.0040% / 1h | 26m 06s | $23K | — | 100x |
| Short | MEXC LDO_USDT | 0.4307 | 0.0100 | get 0.0100% / 8h | 6h 26m | $7.7M | $7.2M | 200x |
GMX LDO/USD [ETH-USDC]
MEXC LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GMX. 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
- −$46.07
- Price spread: +0.102% → 0.000%
- $10.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 2 min ago. 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 MEXC live order book, 2 min ago | 1.16 bp | 4.4 bp −$4 | 13.8 bp −$138 | 93.9 bp −$9,392 | 152.6 bp −$76.3K |
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 28 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 | −0.0416% | 1h | 0.4307 | +0.102% | $120K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4299 | −0.080% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.476% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4299 | −0.094% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4307 | +0.100% | $11.9M | $3.7M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4303 | 0.000% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4302 | −0.025% | $110K | $159K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4308 | +0.126% | $18.0M | $33.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4305 | +0.056% | $16.2M | $11.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4309 | +0.149% | $4.0M | $7.7M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4304 | +0.033% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDTshort | +0.0100% | 8h | 0.4307 | +0.102% | $7.7M | $7.2M | 200x | |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4307 | +0.102% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4310 | +0.172% | $3.3M | $3.3M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4309 | +0.149% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4312 | +0.225% | $89K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4300 | −0.065% | $202K | $71K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4287 | −0.363% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | −0.293% | $33K | $642K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4305 | +0.058% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4405 | +2.380% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4304 | +0.022% | $261K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4306 | +0.082% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0215% | 1h | 0.4307 | +0.102% | $7K | $20K | 25x | as long as short |
| Lighter LDO | +0.0280% | 1h | 0.4316 | +0.318% | $877K | $268K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0319% / S −0.0201% | 1h | 0.4303 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4301 | −0.034% | $300K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0558% | 1h | 0.4310 | +0.173% | $1.2M | $778K | 50x | as long as short |
Gate 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
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD