LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.015%

Price spread now: GMX against ApeX Omni−0.110%52s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on GMX

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

Funding pays, the price is against you. GMX is 0.110% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LDOUSDT	0.4290	0.0100	pay 0.0013% / 1h	19m 25s	$33K	$641K	50x
Short	GMX LDO/USD [ETH-USDC]	0.4285	L +0.0319% / S −0.0201%	get 0.0025% / 1h	19m 25s	$23K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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 ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.110%Rate

Funding earned: $21.26
Price spread: −0.110% → 0.000%: −$10.98
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$11.72
Costs to cover: 0.220%
Break-even: 10.9 days

Slippage unknown: ApeX Omni: live order book, 49 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 ApeX Omni live order book, 49 min ago	6.90 bp	15.6 bp −$16	109.7 bp −$1,097	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 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	0.4268	−0.513%	$119K	$44K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	0.4290	+0.003%	$83K	$5K	5x	as long as short
Deribit LDO_USDC-PERPETUAL	0.0000%	1h	0.4286	−0.093%	$7K	$20K	25x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−4.196%	$4K	$13	12x	as long as short
Paradex LDO-USD-PERP	+0.0099%	8h	0.4281	−0.213%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4288	−0.054%	$11.7M	$3.7M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4286	−0.084%	$169K	$134K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4282	−0.182%	$110K	$159K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4286	−0.093%	$17.9M	$33.4M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4284	−0.140%	$16.1M	$10.9M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4284	−0.140%	$4.0M	$7.7M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4285	−0.117%	$1.5M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4286	−0.093%	$7.7M	$7.2M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4285	−0.117%	$2.7M	$4.1M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4283	−0.163%	$3.3M	$3.3M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4284	−0.140%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4287	−0.061%	$88K	$156K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4289	−0.030%	$202K	$70K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4296	+0.132%	$303K	$3.4M	10x	as long as short
ApeX Omni LDOUSDTlong	+0.0100%	1h	0.4290	long leg	$33K	$641K	50x
Polymarket Perps LDO-USD	+0.0100%	1h	0.4288	−0.049%	$23K	$717K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4389	+2.308%	$2K	$1.3M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4282	−0.178%	$260K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4286	−0.087%	$38K	—	3x	as long as short
Lighter LDO	+0.0264%	1h	0.4294	+0.086%	$872K	$268K	10x	as long as short
GMX LDO/USD [ETH-USDC]short	L +0.0319% / S −0.0201%	1h	0.4285	−0.110%	$23K	—	100x
Reya LDORUSDPERP	+0.0338%	1h	0.4284	−0.133%	$299K	—	15x	as long as short
Kraken Futures PF_LDOUSD	+0.0561%	1h	0.4287	−0.081%	$1.2M	$778K	50x	as long as short