Funding you earn now, next payment 04:00 UTC−0.0219%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.053%
Price spread now: Pacifica against GMX+0.129%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
=The price spread pays, funding is against you. Pacifica is 0.129% dearer against GMX than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LDO/USD [ETH-USDC] | 0.4267 | L +0.0319% / S −0.0201% | pay 0.0040% / 1h | 3m 32s | $23K | — | 100x |
| Short | Pacifica LDO | 0.4273 | 0.0100 | get 0.0013% / 1h | 3m 32s | $110K | $26K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$46.03
- Price spread: +0.129% → 0.000%
- $12.87
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$53.17
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 54 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 Pacifica live order book, 54 min ago | 5.84 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0416% | 1h | 0.4263 | −0.100% | $119K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4270 | +0.064% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.685% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0095% | 8h | 0.4265 | −0.053% | $907K | $252K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4270 | +0.072% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4275 | +0.179% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4273 | +0.124% | $168K | $120K | 10x | as long as short |
| Pacifica LDOshort | +0.0100% | 1h | 0.4273 | +0.129% | $110K | $26K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4278 | +0.246% | $18.0M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4276 | +0.205% | $16.1M | $10.0M | 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 | 0.4276 | +0.205% | $4.0M | $6.9M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4270 | +0.064% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4273 | +0.135% | $7.7M | $6.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4271 | +0.088% | $2.7M | $3.7M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4272 | +0.111% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4271 | +0.088% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4271 | +0.081% | $91K | $176K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4265 | −0.058% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4272 | +0.117% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4270 | +0.064% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4267 | −0.013% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4367 | +2.338% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4272 | +0.106% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4270 | +0.059% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0219% | 1h | 0.4269 | +0.041% | $7K | $20K | 25x | as long as short |
| Lighter LDO | +0.0296% | 1h | 0.4282 | +0.346% | $873K | $267K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0319% / S −0.0201% | 1h | 0.4267 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0341% | 1h | 0.4266 | −0.039% | $297K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0494% | 1h | 0.4274 | +0.157% | $1.1M | $680K | 50x | as long as short |
GMX LDO/USD [ETH-USDC]
Pacifica LDO
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Binance LDOUSDT
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
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Kraken Futures PF_LDOUSD