LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.017%

Price spread now: Reya against GMX−0.058%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.058% cheaper against GMX than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LDO/USD [ETH-USDC]	0.4287	L +0.0319% / S −0.0201%	pay 0.0040% / 1h	28m 06s	$23K	—	100x
Short	Reya LDORUSDPERP	0.4284	0.0339	get 0.0042% / 1h	28m 06s	$299K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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 GMXbpFee ReyabpOrdersPrice spread, now −0.058%Rate

Funding earned: $4.08
Price spread: −0.058% → 0.000%: −$5.77
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$19.69
Costs to cover: 0.180%
Break-even: 40.8 days

Slippage unknown: GMX: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

GMX and Reya: 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	0.4259	−0.651%	$119K	$43K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	0.4293	+0.146%	$83K	$5K	5x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−4.126%	$4K	$13	12x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4282	−0.120%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4287	−0.004%	$11.7M	$3.3M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4290	+0.076%	$169K	$134K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4288	+0.034%	$110K	$109K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4289	+0.049%	$18.0M	$31.7M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4284	−0.067%	$16.1M	$10.3M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4283	−0.091%	$4.0M	$7.1M	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LDO_USDT	+0.0100%	8h	0.4288	+0.026%	$1.5M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4286	−0.021%	$7.8M	$6.9M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4288	+0.026%	$2.7M	$3.9M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4284	−0.067%	$3.3M	$3.2M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4285	−0.044%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4286	−0.028%	$94K	$175K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4297	+0.227%	$202K	$67K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4303	+0.376%	$303K	$3.4M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4300	+0.306%	$33K	$640K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4287	−0.002%	$23K	$686K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4386	+2.312%	$2K	$1.2M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4282	−0.107%	$258K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4285	−0.044%	$38K	—	3x	as long as short
BloFin LDO-USDT	+0.0119%	8h	0.4294	+0.166%	$911K	$254K	75x	as long as short
Deribit LDO_USDC-PERPETUAL	+0.0217%	1h	0.4287	+0.003%	$7K	$20K	25x	as long as short
GMX LDO/USD [ETH-USDC]long	L +0.0319% / S −0.0201%	1h	0.4287	long leg	$23K	—	100x
Reya LDORUSDPERPshort	+0.0339%	1h	0.4284	−0.058%	$299K	—	15x
Lighter LDO	+0.0416%	1h	0.4295	+0.180%	$872K	$265K	10x	as long as short
Kraken Futures PF_LDOUSD	+0.0576%	1h	0.4289	+0.053%	$1.2M	$678K	50x	as long as short