LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.017%

Price spread now: Reya against GMX−0.081%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.081% cheaper against GMX than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LDO/USD [ETH-USDC]	0.4290	L +0.0320% / S −0.0201%	pay 0.0040% / 1h	37m 06s	$23K	—	100x
Short	Reya LDORUSDPERP	0.4286	0.0339	get 0.0042% / 1h	37m 06s	$299K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.081%Rate

Funding earned: $4.01
Price spread: −0.081% → 0.000%: −$8.08
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$22.07
Costs to cover: 0.180%
Break-even: 45.5 days

Slippage unknown: GMX: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

GMX and Reya: 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	0.4259	−0.712%	$119K	$43K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	0.4284	−0.125%	$83K	$5K	5x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−4.185%	$4K	$13	12x	as long as short
BloFin LDO-USDT	+0.0098%	8h	0.4282	−0.175%	$912K	$254K	75x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4283	−0.153%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4293	+0.069%	$11.7M	$3.3M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4289	−0.002%	$169K	$134K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4283	−0.149%	$110K	$131K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4291	+0.023%	$18.0M	$31.8M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4288	−0.035%	$16.1M	$10.4M	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	0.4289	−0.012%	$4.0M	$7.2M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4287	−0.059%	$1.5M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4291	+0.035%	$7.8M	$6.9M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4287	−0.059%	$2.7M	$4.0M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4290	+0.011%	$3.3M	$3.2M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4288	−0.035%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4291	+0.037%	$87K	$144K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4279	−0.241%	$201K	$68K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4281	−0.206%	$305K	$3.4M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4280	−0.222%	$33K	$639K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4291	+0.037%	$23K	$686K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4389	+2.319%	$2K	$1.2M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4285	−0.103%	$258K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4289	−0.010%	$38K	—	3x	as long as short
Deribit LDO_USDC-PERPETUAL	+0.0216%	1h	0.4290	+0.011%	$7K	$20K	25x	as long as short
GMX LDO/USD [ETH-USDC]long	L +0.0320% / S −0.0201%	1h	0.4290	long leg	$23K	—	100x
Reya LDORUSDPERPshort	+0.0339%	1h	0.4286	−0.081%	$299K	—	15x
Lighter LDO	+0.0384%	1h	0.4298	+0.191%	$873K	$265K	10x	as long as short
Kraken Futures PF_LDOUSD	+0.0576%	1h	0.4292	+0.059%	$1.2M	$697K	50x	as long as short