Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.015%
Price spread now: GMX against Extended+0.165%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 0.165% dearer against Extended than usual: you sell high and buy low: +$16 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 | Extended LDO-USD | 0.4281 | 0.0104 | pay 0.0013% / 1h | 5m 32s | $258K | $1.3M | 25x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4288 | L +0.0320% / S −0.0201% | get 0.0025% / 1h | 5m 32s | $23K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $20.42
- Price spread: +0.165% → 0.000%
- $16.45
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $19.87
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago | 3.49 bp | 15.5 bp −$15 | 106.7 bp −$1,067 | 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 | −0.0512% | 1h | 0.4304 | +0.545% | $120K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4300 | +0.452% | $83K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.987% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0083% | 8h | 0.4291 | +0.242% | $918K | $254K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4282 | +0.021% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4288 | +0.165% | $11.7M | $3.2M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4293 | +0.281% | $169K | $116K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4286 | +0.115% | $110K | $86K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4287 | +0.148% | $18.0M | $31.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4283 | +0.055% | $16.1M | $10.0M | 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 | 0.4283 | +0.055% | $4.0M | $7.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | +0.101% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4283 | +0.055% | $7.8M | $7.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4285 | +0.101% | $2.7M | $3.8M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4284 | +0.078% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4285 | +0.101% | — | $9.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4289 | +0.190% | $93K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4283 | +0.059% | $201K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4298 | +0.405% | $304K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +0.452% | $33K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4287 | +0.155% | $23K | $516K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4388 | +2.508% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4281 | long leg | $258K | $1.3M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4287 | +0.150% | $38K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0217% | 1h | 0.4288 | +0.172% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0320% / S −0.0201% | 1h | 0.4288 | +0.165% | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4282 | +0.038% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0392% | 1h | 0.4295 | +0.326% | $872K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0576% | 1h | 0.4292 | +0.274% | $1.2M | $684K | 50x | as long as short |
Extended LDO-USD
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
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
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Kraken Futures PF_LDOUSD