Funding you earn now, next payment 01:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.046%
Price spread now: MEXC against GMX−0.135%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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.135% cheaper against GMX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LDO/USD [ETH-USDC] | 0.4298 | L +0.0319% / S −0.0201% | pay 0.0040% / 1h | 1m 42s | $23K | — | 100x |
| Short | MEXC LDO_USDT | 0.4292 | 0.0100 | get 0.0100% / 8h | 7h 01m | $7.9M | $7.5M | 200x |
GMX LDO/USD [ETH-USDC]
MEXC LDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GMX. 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
- −$46.02
- Price spread: −0.135% → 0.000%
- −$13.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$71.54
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 1 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 3.49 bp | 9.3 bp −$9 | 13.5 bp −$135 | 75.8 bp −$7,584 | 143.9 bp −$71.9K |
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 | 0.4295 | −0.065% | $117K | $43K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4297 | −0.019% | $7K | $20K | 25x | as long as short |
| dYdX LDO-USD | +0.0024% | 1h | 0.4310 | +0.291% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.370% | $4K | $14 | 12x | as long as short |
| BloFin LDO-USDT | +0.0079% | 8h | 0.4303 | +0.121% | $915K | $210K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4300 | +0.046% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4295 | −0.063% | $11.9M | $3.9M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4295 | −0.063% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4307 | +0.214% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4293 | −0.115% | $18.0M | $35.8M | 75x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4290 | −0.182% | $16.2M | $11.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4289 | −0.205% | $4.0M | $8.4M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4293 | −0.112% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDTshort | +0.0100% | 8h | 0.4292 | −0.135% | $7.9M | $7.5M | 200x | |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4295 | −0.065% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4289 | −0.205% | $3.3M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4292 | −0.135% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4293 | −0.110% | $88K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4322 | +0.556% | $203K | $81K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4325 | +0.633% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +0.749% | $35K | $643K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4300 | +0.042% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4396 | +2.285% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4288 | −0.222% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4298 | +0.005% | $38K | — | 3x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4299 | +0.016% | $1.1M | $509K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0319% / S −0.0201% | 1h | 0.4298 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4293 | −0.110% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0536% | 1h | 0.4302 | +0.095% | $873K | $268K | 10x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate 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
Kraken Futures PF_LDOUSD
Reya LDORUSDPERP
Lighter LDO