LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.038%

Price spread now: GMX against dYdX−0.069%7-day average — · you buy dearer than you sell

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

Long on dYdX 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 0.069% cheaper against dYdX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 31 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LDO-USD	0.4328	0.0025	pay 0.0003% / 1h	4m 37s	$84K	$17K	5x
Short	GMX LDO/USD [ETH-USDC]	0.4325	L +0.0319% / S −0.0201%	get 0.0025% / 1h	4m 37s	$24K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $36.97
Price spread: −0.069% → 0.000%: −$6.89
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $8.08
Costs to cover: 0.220%
Break-even: 5.5 days

Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

dYdX and 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	−0.0752%	1h	0.4343	+0.341%	$119K	$47K	50x	as long as short
Deribit LDO_USDC-PERPETUAL	0.0000%	1h	0.4326	−0.051%	$8K	$20K	25x	as long as short
dYdX LDO-USDlong	+0.0025%	1h	0.4328	long leg	$84K	$17K	5x
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−5.042%	$4K	$14	12x	as long as short
BloFin LDO-USDT	+0.0076%	8h	0.4329	+0.018%	$920K	$211K	75x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4331	+0.067%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4334	+0.140%	$12.0M	$3.9M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4331	+0.065%	$170K	$149K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4332	+0.093%	$111K	$178K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4333	+0.117%	$18.2M	$36.4M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LDOUSDT	+0.0100%	8h	0.4329	+0.018%	$16.4M	$11.5M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4327	−0.028%	$4.1M	$8.6M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4330	+0.041%	$1.5M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4333	+0.110%	$7.9M	$7.5M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4332	+0.087%	$2.8M	$4.1M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4327	−0.028%	$3.3M	$3.5M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4329	+0.018%	—	$10.1M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4327	−0.033%	$89K	$151K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4322	−0.151%	$203K	$81K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4349	+0.487%	$306K	$3.5M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4360	+0.734%	$35K	$644K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4327	−0.037%	$23K	$720K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4424	+2.213%	$2K	$1.4M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4327	−0.023%	$260K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4326	−0.052%	$38K	—	3x	as long as short
Kraken Futures PF_LDOUSD	+0.0196%	1h	0.4329	+0.023%	$1.1M	$516K	50x	as long as short
GMX LDO/USD [ETH-USDC]short	L +0.0319% / S −0.0201%	1h	0.4325	−0.069%	$24K	—	100x
Reya LDORUSDPERP	+0.0337%	1h	0.4321	−0.173%	$301K	—	15x	as long as short
Lighter LDO	+0.0560%	1h	0.4342	+0.314%	$881K	$267K	10x	as long as short