Funding you earn now, next payment 02:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.013%
Price spread now: GMX against BingX−0.139%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.139% cheaper against BingX than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LDO-USDT | 0.4285 | 0.0100 | pay 0.0100% / 8h | 6h 44m | — | $10.1M | — |
| Short | GMX LDO/USD [ETH-USDC] | 0.4279 | L +0.0319% / S −0.0201% | get 0.0025% / 1h | 44m 01s | $23K | — | 100x |
BingX LDO-USDT
GMX LDO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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: −0.139% → 0.000%
- −$13.93
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$14.67
- Costs to cover
- 0.220%
- Break-even
- 11.8 days
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago | 2.33 bp | 12.0 bp −$12 | 22.6 bp −$226 | 200.6 bp −$20.1K | 390.1 bp −$195.0K |
| 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 | −0.0416% | 1h | 0.4290 | +0.117% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | −0.117% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.084% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4274 | −0.262% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4288 | +0.072% | $11.8M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4285 | −0.003% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4281 | −0.099% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4288 | +0.061% | $17.9M | $34.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4284 | −0.023% | $16.2M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4286 | +0.023% | $4.0M | $8.0M | 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 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | 0.000% | $1.5M | $994K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4286 | +0.023% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4280 | −0.117% | $2.7M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4285 | 0.000% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDTlong | +0.0100% | 8h | 0.4285 | long leg | — | $10.1M | — | |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4287 | +0.047% | $88K | $154K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4274 | −0.261% | $201K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | +0.188% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | −0.117% | $33K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4280 | −0.107% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4386 | +2.357% | $2K | $1.3M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4284 | −0.013% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | +0.032% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0112% | 1h | 0.4295 | +0.238% | $872K | $267K | 10x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.350% | $918K | $241K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4286 | +0.023% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0319% / S −0.0201% | 1h | 0.4279 | −0.139% | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4273 | −0.271% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0561% | 1h | 0.4290 | +0.109% | $1.2M | $793K | 50x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
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
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD