LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.042%

Price spread now: GMX against dYdX−0.035%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on GMX

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—needs both histories

Funding pays, the price is against you. GMX is 0.035% cheaper against dYdX than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LDO-USD	0.4281	0	get 0.0000% / 1h	54m 08s	$83K	$5K	5x
Short	GMX LDO/USD [ETH-USDC]	0.4280	L +0.0319% / S −0.0201%	get 0.0025% / 1h	54m 08s	$23K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $42.26
Price spread: −0.035% → 0.000%: −$3.53
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $16.74
Costs to cover: 0.220%
Break-even: 4.2 days

Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

dYdX and 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 28 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	−0.521%	$119K	$43K	50x	as long as short
dYdX LDO-USDlong	0.0000%	1h	0.4281	long leg	$83K	$5K	5x
Deribit LDO_USDC-PERPETUAL	0.0000%	1h	0.4285	+0.086%	$7K	$20K	25x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−4.001%	$4K	$13	12x	as long as short
ApeX Omni LDOUSDT	+0.0080%	1h	0.4280	−0.030%	$33K	$638K	50x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4279	−0.055%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4282	+0.021%	$11.7M	$3.3M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4283	+0.033%	$168K	$134K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4283	+0.042%	$110K	$144K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4283	+0.045%	$17.9M	$32.3M	75x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LDOUSDT	+0.0100%	8h	0.4281	−0.007%	$16.1M	$10.5M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4278	−0.077%	$4.0M	$7.3M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	0.4284	+0.063%	$1.5M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4283	+0.040%	$7.6M	$6.9M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4283	+0.040%	$2.7M	$4.0M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4284	+0.063%	$3.3M	$3.2M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4281	−0.007%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4280	−0.040%	$88K	$142K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4304	+0.525%	$201K	$68K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4278	−0.077%	$302K	$3.4M	10x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4281	−0.014%	$23K	$686K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4381	+2.329%	$2K	$1.2M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4282	+0.016%	$258K	$1.3M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4285	+0.077%	$38K	—	3x	as long as short
GMX LDO/USD [ETH-USDC]short	L +0.0319% / S −0.0201%	1h	0.4280	−0.035%	$23K	—	100x
Reya LDORUSDPERP	+0.0338%	1h	0.4277	−0.111%	$298K	—	15x	as long as short
Lighter LDO	+0.0408%	1h	0.4292	+0.257%	$872K	$265K	10x	as long as short
Kraken Futures PF_LDOUSD	+0.0576%	1h	0.4289	+0.171%	$1.2M	$711K	50x	as long as short