Funding you earn now, next payment 07:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.055%
Price spread now: Paradex against GMX−0.035%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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Paradex is 0.035% cheaper against GMX than usual: you would sell low and buy high (−$3 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] | 0.4229 | L +0.0318% / S −0.0201% | pay 0.0040% / 1h | 15m 17s | $23K | — | 100x |
| Short | Paradex LDO-USD-PERP | 0.4227 | 0.0100 | get 0.0100% / 8h | 1h 15m | $3K | — | 20x |
GMX LDO/USD [ETH-USDC]
Paradex LDO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$45.81
- Price spread: −0.035% → 0.000%
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$65.28
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Paradex: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
GMX and Paradex: 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 | −0.0648% | 1h | 0.4193 | −0.844% | $117K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4228 | −0.009% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.807% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERPshort | +0.0100% | 8h | 0.4227 | −0.035% | $3K | — | 20x | |
| Hyperliquid LDO | +0.0100% | 1h | 0.4235 | +0.157% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4231 | +0.045% | $166K | $92K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4231 | +0.050% | $107K | $28K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4231 | +0.055% | $17.7M | $30.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4228 | −0.016% | $16.0M | $9.9M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4229 | +0.008% | $4.0M | $6.7M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC 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 | 0.4230 | +0.031% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4230 | +0.031% | $6.7M | $6.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4231 | +0.055% | $2.7M | $3.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4231 | +0.055% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4229 | +0.008% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4230 | +0.026% | $89K | $177K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4226 | −0.069% | $197K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4231 | +0.056% | $301K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4230 | +0.031% | $31K | $636K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4232 | +0.086% | $22K | $376K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4330 | +2.396% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4228 | −0.016% | $256K | $1.1M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4230 | +0.036% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0111% | 8h | 0.4233 | +0.102% | $888K | $259K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0223% | 1h | 0.4232 | +0.079% | $7K | $20K | 25x | as long as short |
| Lighter LDO | +0.0264% | 1h | 0.4239 | +0.242% | $854K | $272K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0318% / S −0.0201% | 1h | 0.4229 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4229 | +0.004% | $295K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0380% | 1h | 0.4233 | +0.107% | $1.1M | $710K | 50x | as long as short |
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
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
Lighter LDO
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD