Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%
Price spread now: GMX against Pacifica−0.028%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
=Funding pays, the price is against you. GMX is 0.028% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LDO | 0.4249 | 0.0100 | pay 0.0013% / 1h | 56m 13s | $107K | $28K | 10x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4247 | L +0.0319% / S −0.0201% | get 0.0025% / 1h | 56m 13s | $23K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $21.26
- Price spread: −0.028% → 0.000%
- −$2.85
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1.58
- Costs to cover
- 0.200%
- Break-even
- 7.5 days
Slippage unknown: Pacifica: live order book, 51 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 Pacifica live order book, 51 min ago | 5.91 bp | 17.0 bp −$17 | doesn't fit | 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 | −0.0648% | 1h | 0.4221 | −0.649% | $117K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4252 | +0.085% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4247 | −0.037% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.261% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4248 | −0.021% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4249 | +0.015% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4248 | −0.005% | $167K | $92K | 10x | as long as short |
| Pacifica LDOlong | +0.0100% | 1h | 0.4249 | long leg | $107K | $28K | 10x | |
| Binance LDOUSDT | +0.0100% | 8h | 0.4245 | −0.081% | $17.8M | $31.1M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4242 | −0.154% | $16.1M | $10.2M | 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 | 0.4243 | −0.131% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4248 | −0.013% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4244 | −0.107% | $7.2M | $5.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4247 | −0.037% | $2.7M | $3.4M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4247 | −0.037% | $3.3M | $3.0M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4245 | −0.084% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4244 | −0.103% | $90K | $181K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4253 | +0.098% | $198K | $62K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4255 | +0.152% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.034% | $32K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4250 | +0.039% | $22K | $375K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4348 | +2.341% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4243 | −0.121% | $259K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4245 | −0.072% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0106% | 8h | 0.4249 | +0.010% | $889K | $260K | 75x | as long as short |
| Lighter LDO | +0.0128% | 1h | 0.4254 | +0.126% | $857K | $269K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0319% / S −0.0201% | 1h | 0.4247 | −0.028% | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0344% | 1h | 0.4247 | −0.040% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0378% | 1h | 0.4248 | −0.016% | $1.1M | $659K | 50x | as long as short |
Pacifica LDO
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
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
Extended LDO-USD
BloFin LDO-USDT
Lighter LDO
Kraken Futures PF_LDOUSD