Funding you earn now, next payment 22:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.014%
Price spread now: GMX against Pacifica+0.047%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.047% dearer against Pacifica than usual: you sell high and buy low: +$5 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 | Pacifica LDO | 0.4332 | 0.0100 | pay 0.0013% / 1h | 52m 08s | $111K | $182K | 10x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4334 | L +0.0320% / S −0.0201% | get 0.0025% / 1h | 52m 08s | $24K | — | 100x |
Pacifica LDO
GMX LDO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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: +0.047% → 0.000%
- $4.66
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $5.93
- Costs to cover
- 0.200%
- Break-even
- 5.0 days
Slippage unknown: Pacifica: live order book, 35 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 Pacifica live order book, 35 min ago | 8.04 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| 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 | −0.0688% | 1h | 0.4325 | −0.170% | $117K | $55K | 50x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0328% | 1h | 0.4336 | +0.077% | $1.1M | $555K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4334 | +0.038% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4334 | +0.038% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −1.439% | $4K | $11 | 12x | as long as short |
| BloFin LDO-USDT | +0.0080% | 8h | 0.4339 | +0.153% | $795K | $229K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4329 | −0.080% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4335 | +0.059% | $12.1M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4333 | +0.012% | $170K | $148K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4332 | long leg | $111K | $182K | 10x |
Coinbase International LDO-PERP-INTX
Kraken Futures PF_LDOUSD
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4334 | +0.034% | $18.0M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4330 | −0.054% | $16.8M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4327 | −0.123% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4330 | −0.054% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4332 | −0.008% | $9.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4331 | −0.031% | $2.9M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4328 | −0.100% | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4329 | −0.077% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4333 | +0.017% | $89K | $186K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4340 | +0.188% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4344 | +0.269% | $303K | $3.6M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | +0.177% | $35K | $645K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4334 | +0.043% | $26K | $688K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4433 | +2.323% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4330 | −0.064% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4330 | −0.063% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0120% | 1h | 0.4345 | +0.290% | $880K | $263K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0320% / S −0.0201% | 1h | 0.4334 | +0.047% | $24K | — | 100x | |
| Reya LDORUSDPERP | +0.0332% | 1h | 0.4329 | −0.080% | $302K | — | 15x | as long as short |
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
Aevo LDO-PERP
Lighter LDO
Reya LDORUSDPERP